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Innovation Center 240 1st Ave S 15,662 SF 100% Leased Office Building Saint Petersburg, FL 33701 $10,500,000 ($670.41/SF)
Investment Highlights
- St Petersburg Business District
- Historic Location
- Boutique Building
Data Room Click Here to Access
- Offering Memorandum
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
15,662 SF
Building Class
B
Year Built/Renovated
1988/2002
Price
$10,500,000
Price Per SF
$670.41
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
4,000 SF
Building FAR
1.56
Lot Size
0.23 AC
Zoning
CBD-1 - Central Business District
Parking
29 Spaces (1.83 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Conferencing Facility
- Courtyard
- Security System
- Signage
- Automatic Blinds
- High Ceilings
- Direct Elevator Exposure
- Natural Light
- Partitioned Offices
- Drop Ceiling
- Wi-Fi
- Air Conditioning
- Balcony
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Dr Neuman Florida Plastic Surgery
- -
- -
- -
-
Lorem Ipsum
-
Jan 0000
- Florida Plastic Surgery Dr. Newman
- Professional, Scientific, and Technical Services
- -
- -
-
Lorem Ipsum
-
Jan 0000
- Pampered Peach
- Retailer
- -
-
$9.99
-
Lorem Ipsum
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Dr Neuman Florida Plastic Surgery | - | - | - | Lorem Ipsum | Jan 0000 | |
| Florida Plastic Surgery Dr. Newman | Professional, Scientific, and Technical Services | - | - | Lorem Ipsum | Jan 0000 | |
| Pampered Peach | Retailer | - | $9.99 | Lorem Ipsum | - |
Exceptionally walkable
90/100
Moderately drivable
70/100
Exceptional public transit
90/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 19-31-17-74466-036-0040 | Total Assessment | $2,430,000 (2025) |
| Land Assessment | $954,502 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $1,475,498 (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
19-31-17-74466-036-0040
Land Assessment
$954,502 (2025)
Improvements Assessment
$1,475,498 (2025)
Total Assessment
$2,430,000 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Innovation Center | 240 1st Ave S
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