For Sale
$1,995,000

5223 Park BlvdPinellas Park, FL 33781

Pinellas Park, FL Office Building - Owner/User Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional two-story, 5,730 square foot office building, located at 5223 Park Boulevard in Pinellas Park, Florida (zip code 33781), presents a unique owner-user investment opportunity. Situated on a 9,967 square foot lot, this property boasts prominent visibility on Park Boulevard, with an estimated 60,000 vehicles passing daily. The building, constructed in 1973 and extensively renovated in 2022 and 2024, features a concrete block structure with a steel-framed second floor, providing a secure and flood-resistant building (16 feet above sea level). Recent upgrades include a new 30-year roof, a substantial solar panel array (100 panels, exceeding building capacity), a Tesla battery backup system, new Miami-Dade hurricane-rated windows and doors, and a resurfaced parking lot with 19 spaces, including alley access. The interior features two large, ADA-compliant bathrooms, a fully equipped kitchen, and is wired for internet throughout. A new LED sign is expected by the end of 2024. The first floor (2,850 sq ft) is currently occupied, while the second floor (2,880 sq ft) is leased until July 31, 2026, with a two-year renewal option. The building also includes a monitored security system, and the air conditioning is under a comprehensive maintenance contract. The permitted zoning is B-1. Occupancy is available October 15, 2024. Asking price is $1,995,000.

Highlights

  • Remodeled lobby with conference room and secondary office space, currently leased.
  • Second floor fully leased through July 31, 2026, with a two-year renewal option.
  • Concrete block construction with concrete-over-steel frame; high elevation (16 ft. above sea level) provides flood protection.
  • New Miami-Dade hurricane-rated windows and doors installed in 2022.
  • New 30-year roof installed in 2022, prior to solar panel installation.
  • New oversized rooftop solar array (100 panels, exceeding building's 60-panel capacity) installed in 2022.

Property Details for 5223 Park Blvd

Property type
Office properties
Square Feet
5,730 SF
Year Built
1973
Stories
2

Location Insight

City
Pinellas Park
County
Pinellas
State
Florida
Latitude
27.8394223
Longitude
-82.7046053
5223 Park Blvd, Pinellas Park, Florida

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5223 Park Blvd
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