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7789 131st St 7,296 SF 100% Leased Office Building Seminole, FL 33776 $995,000 ($136.38/SF)
Executive Summary
Rare west Seminole redevelopment opportunity approximately one mile from the Gulf beaches, located near the high-traffic 131st Street and Park Boulevard corridor. This 7,296 heated sq. ft. commercial building sits on an approximately .65-acre parcel with strong land value, existing parking, and room to reconfigure, expand parking, or potentially expand the building footprint, subject to applicable approvals. Zoned C-1 Neighborhood Commercial, offering flexible neighborhood-scale commercial use potential. Seller has received County zoning confirmation that a 12-unit bed-and-breakfast would be an acceptable use, making this an attractive opportunity for boutique lodging, hospitality, professional office, medical/wellness office, retail, restaurant/café, personal services, service-oriented businesses, childcare/daycare, residential-equivalent, multifamily, mixed-use, or other approved redevelopment concepts. The building has been substantially cleared inside and prepared for renovation to a user’s desired fit-out, giving a buyer a clean starting point without beginning with full interior demolition. Utilities are on and operational. New roof and sheathing completed in 2023, including TPO and shingle roof areas. Excellent walkable location surrounded by daily needs retail, restaurants, shopping centers, banking, pharmacies, gas, and grocery, with the grocery store located directly behind the property. Flood Zone X. Parcel dimensions approximately 167’ x 171’. Buyer to verify all measurements, zoning, permitted uses, parking, development standards, licensing, and intended use approvals with Pinellas County.
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Office
Building Size
7,296 SF
Building Class
B
Year Built/Renovated
1981/2006
Price
$995,000
Price Per SF
$136.38
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
7,296 SF
Building FAR
0.26
Lot Size
0.65 AC
Zoning
school, day care center, - By variance from the county, you could change zoning to Air B&B, and more due to the location and the size of the land.
Parking
14 Spaces (1.92 Spaces per 1,000 SF Leased)
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 29-30-15-70794-400-0805 | Improvements Assessment | $208,098 |
| Land Assessment | $196,902 | Total Assessment | $405,000 |
Property Taxes
Parcel Number
29-30-15-70794-400-0805
Land Assessment
$196,902
Improvements Assessment
$208,098
Total Assessment
$405,000
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7789 131st St
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