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Investment Highlights

  • Seven paved parking spaces
  • Well-located office property within the established Grand Central District
  • Positioned in a market with demonstrated growth and redevelopment activity.
  • New roof and windows added in 2024
  • Situated near downtown Saint Petersburg, retail corridors, and cultural amenities
  • Easy access to I-275, US Highway 19, and major Tampa Bay area thoroughfares

Executive Summary

2420 1st Avenue North offers a unique ownership opportunity within the thriving Grand Central District of Saint Petersburg. This office property sits on a 0.10-acre parcel in a corridor that continues to experience strong investment momentum and redevelopment activity. The site combines excellent visibility with convenient access to downtown, major business hubs, and the vibrant neighborhoods that define central Pinellas County.
Located just minutes from I-275 and US Highway 19, the property supports seamless regional connectivity, including direct routes to Tampa and the Gulf Coast beaches. St. Pete–Clearwater International Airport and Tampa International Airport are within a short drive, ensuring access for regional and national operations. The immediate area benefits from steady population growth, a diversified economic base, and proximity to retail, dining, and cultural amenities that attract businesses to the urban core.
Whether for an owner-user seeking a highly connected, central location or an investor targeting long-term appreciation in a growing metro, this asset offers a footprint adaptable for professional office or boutique service use. Its position within one of Saint Petersburg's most dynamic submarkets amplifies both operational convenience and the potential for sustained value.

Property Facts

Sale Type
Owner User
Sale Conditions
1031 Exchange
Property Type
Office
Property Subtype
Office/Residential
Building Size
825 SF
Building Class
C
Year Built/Renovated
1940/2024
Price
$680,000
Price Per SF
$824.24
Tenancy
Single
Building Height
1 Story
Typical Floor Size
825 SF
Building FAR
0.19
Lot Size
0.10 AC
Zoning
UVD - The subject property is zoned CRT-2 (Corridor Residential Traditional)
Parking
7 Spaces (8.48 Spaces per 1,000 SF Leased)

Amenities

  • Signage
Moderately walkable
70/100
Very drivable
80/100
Good public transit
60/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
23-31-16-78390-021-0030
Land Assessment
$335,969
Improvements Assessment
$94,031
Total Assessment
$430,000
  • Listing ID: 37898673

  • Date on Market: 10/1/2025

  • Last Updated:

  • Address: 2420 1st Ave N, Saint Petersburg, FL 33713

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