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Investment Highlights

  • Expansive 17.14-acre site with significant frontage along 34th Street South.
  • High-traffic area with strong visibility to I-275, which carries more than 93,000 vehicles per day.
  • Close proximity to the Skyway Marina District, an emerging destination for mixed-use projects.
  • Located only five miles from downtown Saint Petersburg and minutes from major retail and dining hubs.
  • Flexible C-1 zoning supports multiple potential redevelopment strategies.
  • Ample surface parking available on-site, supporting immediate functionality or phased redevelopment.

Executive Summary

This sizable property at 3200 S 34th Street, located within the Skyway Marina District in Saint Petersburg, presents an exceptional redevelopment or investment opportunity in one of the region’s most dynamic growth corridors. Spanning more than 17 acres with a 142,550-square-foot structure, this site benefits from excellent visibility to Interstate 275, which sees over 93,000 vehicles daily, making it a highly accessible location for any end-user or developer.
Previously operated as the Allstate Center for St. Petersburg College, the property offers a substantial two-story building with ample parking and infrastructure to support a range of future uses. Its C-1 Commercial zoning provides flexibility, while nearby residential communities, retail destinations, and transportation routes enhance its long-term value. With proximity to downtown Saint Petersburg and just 1.4 miles to the Skyway Marina District, this property is well positioned for adaptive reuse, educational facilities, institutional purposes, or large-scale mixed-use redevelopment.

Property Facts

Sale Type Investment
Property Type Specialty
Property Subtype School
Building Class C
Lot Size 17.14 AC
Building Size 142,550 SF
No. Stories 2
Year Built 1961
Parking Ratio 2/1,000 SF
Zoning C-1 - COMMERCIAL
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 35-31-16-49734-004-0010
  • 35-31-16-49734-004-0020
Land Assessment
$7,489,099
Improvements Assessment
$15,056,928
Total Assessment
$22,546,027
  • Listing ID: 31030339

  • Date on Market: 2/23/2024

  • Last Updated:

  • Address: 3200 S 34th St, Saint Petersburg, FL 33711

Contact the Sale Advisor

3200 S 34th St - Allstate Center

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