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5500 Central Ave
Saint Petersburg, FL 33707
Office Property For Sale


Investment Highlights
- Heavy trafficked area with stand-alone signage: passed by over 15,600 daily drivers.
- On-site parking, stand-alone signage, and proximity to major Saint Petersburg districts.
- Renovated and modernized interiors.
Executive Summary
Excellent Investment Opportunity. Newly executed 36-month lease in place at $4,000 per month, making this property ideal for an investor or 1031 exchange. Located in a prime, high-and-dry area (Flood Zone X) on heavily trafficked Central Avenue, offering outstanding visibility.
The property features five private offices, two bathrooms, a kitchen, conference room, waiting area, stand-alone signage, on-site parking, and additional side storage. The interior has been tastefully updated and offers strong curb appeal.
Well-suited for general office use, including accounting, travel, employment services, title companies, and similar professional users. Contact for additional details.
The property features five private offices, two bathrooms, a kitchen, conference room, waiting area, stand-alone signage, on-site parking, and additional side storage. The interior has been tastefully updated and offers strong curb appeal.
Well-suited for general office use, including accounting, travel, employment services, title companies, and similar professional users. Contact for additional details.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
1,496 SF
Building Class
B
LoopNet Rating
4 Star
Year Built/Renovated
1976/2025
Price
$625,000
Price Per SF
$417.78
Cap Rate
6.08%
NOI
$38,000
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,496 SF
Building FAR
0.31
Lot Size
0.11 AC
Zoning
OIP - Office Institutional Professional
Parking
9 Spaces (6 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Storage Space
- Air Conditioning
Property Taxes
| Parcel Number | 21-31-16-14463-007-0010 | Improvements Assessment | $186,607 |
| Land Assessment | $155,893 | Total Assessment | $342,500 |
Property Taxes
Parcel Number
21-31-16-14463-007-0010
Land Assessment
$155,893
Improvements Assessment
$186,607
Total Assessment
$342,500
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