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7024 Central Ave 4,960 SF Vacant Office Building Saint Petersburg, FL 33707 $1,500,000 ($302.42/SF)
Executive Summary
NOW AVAILABLE! 7024 Central Avenue presents a compelling owner-user and investment opportunity along St. Petersburg’s highly desirable West Central Avenue corridor. This two-story, 4,960-sqft Class B office building combines timeless character with a versatile professional office layout. The second floor is largely occupied by professional office tenants, providing an incoming owner with in-place rental income, with only one upstairs suite currently available. The owner’s company presently occupies much of the first floor and plans to relocate, creating an excellent opportunity for a buyer to occupy nearly the entire first floor while continuing to collect rent from the upstairs tenants. Alternatively, an investor may lease the first-floor offices individually and reposition the property as a fully income-producing, multi-tenant office asset. The building features high ceilings, beautiful wood flooring, abundant natural light, a welcoming lobby, private offices, open workspace areas, a conference room, kitchen/breakroom, restroom facilities, central air conditioning, wheelchair-accessible entry, and rear stair access to the second-floor suites. Parking is a major advantage, with 16 total spaces consisting of 12 onsite spaces and four additional spaces directly behind the building across the alley. The property is conveniently located near Treasure Island Beach, Pasadena, Park Street, Tyrone, established residential neighborhoods, restaurants, shops, and other professional businesses. With existing tenants, near-term first-floor availability, an updated professional buildout, ample parking, and a highly visible Central Avenue location, this property offers multiple possibilities for an owner-user, value-add investor, or buyer seeking a diversified multi-tenant office investment. Showings are available by appointment. Please do not disturb the existing tenants.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Medical
Building Size
4,960 SF
Building Class
B
Year Built/Renovated
1922/2023
Price
$1,500,000
Price Per SF
$302.42
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,480 SF
Slab To Slab
12’
Building FAR
0.63
Lot Size
0.18 AC
Zoning
CCT-1 - FLOOD ZONE X. HIGH AND DRY!
Parking
16 Spaces (3.23 Spaces per 1,000 SF Leased)
Amenities
- Conferencing Facility
- Fenced Lot
- Signage
- Wheelchair Accessible
- Reception
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- 1st Fl-Ste B
- 112 SF
- Office
- -
- Sep 2026
- 1st Fl-Ste C
- 174 SF
- Office
- -
- Sep 2026
- 1st Fl-Ste D
- 158 SF
- Office
- -
- Sep 2026
- 1st Fl-Ste E
- 78 SF
- Office
- -
- Sep 2026
- 2nd Fl-Ste F
- 115 SF
- Office
- -
- Aug 2026
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste A | 148 SF | Office | - | Now |
| 1st Fl-Ste B | 112 SF | Office | - | Sep 2026 |
| 1st Fl-Ste C | 174 SF | Office | - | Sep 2026 |
| 1st Fl-Ste D | 158 SF | Office | - | Sep 2026 |
| 1st Fl-Ste E | 78 SF | Office | - | Sep 2026 |
| 2nd Fl-Ste F | 115 SF | Office | - | Aug 2026 |
1st Fl-Ste A
| Size |
| 148 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
1st Fl-Ste B
| Size |
| 112 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Sep 2026 |
1st Fl-Ste C
| Size |
| 174 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Sep 2026 |
1st Fl-Ste D
| Size |
| 158 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Sep 2026 |
1st Fl-Ste E
| Size |
| 78 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Sep 2026 |
2nd Fl-Ste F
| Size |
| 115 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Aug 2026 |
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Fl-Ste A
| Size | 148 SF |
| Space Use | Office |
| Build-Out | - |
| Available | Now |
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Moderately walkable
60/100
Moderately drivable
60/100
Limited public transit
30/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 19-31-16-67500-071-0040 | Improvements Assessment | $539,421 |
| Land Assessment | $335,579 | Total Assessment | $875,000 |
Property Taxes
Parcel Number
19-31-16-67500-071-0040
Land Assessment
$335,579
Improvements Assessment
$539,421
Total Assessment
$875,000
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Contact the Sale Advisor
7024 Central Ave