Class A Office & Retail Downtown St. Pete 1246 Central Ave 24,502 SF 64% Leased 4-Star Office Building Saint Petersburg, FL 33705 For Sale

Acquire 1246 Central Avenue, an approximately 27,261-square-foot (inclusive of common areas and patio), fully redeveloped office and retail property within the newly reimagined Edge Collective in Downtown St. Petersburg, Florida. Anchored by the new Moxy by Marriott hotel and surrounded by explosive residential and commercial development, 1246 Central includes approximately 17,408 square feet of Class A, boutique office space and 7,094 square feet of street-level retail. The street-level retail is 100% leased with roughly 17,408 square feet of premium office space available, positioning it as a stable investment and an active value-add investment.

The Edge Collective is the centerpiece of the Edge District, a highly walkable, culturally rich corridor that has rapidly become a magnet for the city’s creative class, young professionals, entrepreneurs, and experience-driven visitors. Stretching from Dr. MLK Jr. Street to 16th Street along Central Avenue, the Edge District is flanked by independent restaurants, boutique retailers, art galleries, and destination breweries. The area’s historic charm blends seamlessly with new mixed-use developments, attracting a wave of local and out-of-market capital.

St. Petersburg is experiencing unprecedented growth, with billions of dollars in new construction planned or underway. The Edge District sits at the front door of this momentum, offering hard-to-replicate street-level authenticity. Phase II of the Edge Collective promises more residential units, retail, and parking structures, increasing density and making the area a true urban neighborhood.

1246 Central Avenue offers prime positioning within a destination district that continues to gain regional and national attention. The opportunity to lease the remaining office space and ride the wave of surrounding development offers immediate return and long-term upside for an investor seeking a smart, strategic entry into a maturing urban core.