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2051 1st Ave N 1,152 SF Office Building Saint Petersburg, FL 33713 $750,000 ($651.04/SF)



Investment Highlights
- Prime Location
- Fully remodeled with ADU for extra income
- ADA accessibility, 8 parking spaces
- Central location, in a walkable area near the arts district
Executive Summary
A rare opportunity to own a fully renovated commercial property with a detached ADU in the heart of the Kenwood District, offering exceptional flexibility, accessibility, and visibility just minutes from shopping, dining, and quick access to I-275. The main office building has been completely remodeled and features a welcoming reception area, open common workspace, two private offices, a kitchen/breakroom, and a full bathroom with shower—ideal for modern professional use. The property has been extensively updated with a new roof, new appliances, updated electrical, new A/C systems, new water heaters, and new flooring throughout, providing peace of mind and true move-in readiness. The site is ADA accessible with a dedicated ramp and offers parking for up to 8 vehicles between the front and rear of the property—an exceptional amenity for this location. The detached ADU adds valuable versatility and has been fully remodeled, complete with a kitchenette, full bathroom, washer/dryer, and modern finishes—perfect for additional office space, staff accommodations, or supplemental income. Zoned General Office, the property supports a wide range of professional uses, including a law firm, medical or wellness practice, photography studio, massage or therapy office, and more.
Taxes & Operating Expenses (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$6,224
|
$5.40
|
| Operating Expenses |
$5,000
|
$4.34
|
| Total Expenses |
$11,224
|
$9.74
|
Taxes & Operating Expenses (Actual - 2025)
| Taxes | |
|---|---|
| Annual | $6,224 |
| Annual Per SF | $5.40 |
| Operating Expenses | |
|---|---|
| Annual | $5,000 |
| Annual Per SF | $4.34 |
| Total Expenses | |
|---|---|
| Annual | $11,224 |
| Annual Per SF | $9.74 |
Property Facts Under Contract
Sale Type
Owner User
Sale Condition
Build to Suit
Property Type
Office
Property Subtype
Office/Residential
Building Size
1,152 SF
Building Class
C
Year Built/Renovated
1948/2026
Price
$750,000
Price Per SF
$651.04
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,152 SF
Building FAR
0.20
Lot Size
0.13 AC
Zoning
CRT-1 - https://library.municode.com/fl/st._petersburg/codes/code_of_ordinances?nodeId=PTIISTPECO_CH16LADERE_S16.20.060CORETRDICR
1730- General Office
Parking
8 Spaces (6.94 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
1 1
Moderately walkable
70/100
Moderately drivable
70/100
Good public transit
60/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 24-31-16-77328-000-0460 | Total Assessment | $325,500 |
| Land Assessment | $244,459 | Annual Taxes | $6,224 ($5.40/SF) |
| Improvements Assessment | $81,041 | Tax Year | 2025 |
Property Taxes
Parcel Number
24-31-16-77328-000-0460
Land Assessment
$244,459
Improvements Assessment
$81,041
Total Assessment
$325,500
Annual Taxes
$6,224 ($5.40/SF)
Tax Year
2025
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2051 1st Ave N
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