100 2Nd AveSt. Petersburg, FL 33701

Property Details for 100 2Nd Ave

Year built

1925

Construction

WOOD FRAME

Property size (Sq ft)

3,024 SF

Property type

Office properties

APN

19-31-17-17756-000-0041

APU

193117177560000041

Description

City Center, located at 100 2nd Ave S in St. Petersburg, Florida, offers exceptional Class A office space in the heart of Downtown St. Petersburg. This two-building complex, built in 1985 and renovated in 2012, boasts 242,115 square feet of total space, with 12 suites available for lease. Individual suites range from a minimum of 1,522 square feet to a maximum contiguous space of 18,138 square feet, providing flexibility for businesses of various sizes. The property features a striking atrium lobby with a 65-foot glass ceiling and marble floors. Amenities include an on-site café serving breakfast and lunch, a conference center accommodating over 60 people, on-site management, a concierge desk with a full-time concierge, and a newly equipped fitness center with showers. With 525 parking spaces and unmatched views of Tampa Bay and the St. Petersburg skyline, City Center provides a premium work environment. The property is situated in Pinellas County, within the Downtown St. Petersburg submarket, and features a 60,373 square foot vacancy. The twelve-story building offers multiple tenancy options. Zip code: 33701.

• CAP approach

  CAP return

  Valuation

  6%

  $1,177,908

  6.5%

  $1,087,300

  7%

  $1,009,636

• Comparable approach

  Method

  Valuation

  Relative Method

  $552,273

  Geo Method

  $552,273

• Alternative Use

  Use

  Valuation

  Residential

  $1,348,252

  Hospitality

  $1,234,992

  Educational

  $1,027,499

  Medical

  $1,062,836

  Retail

  $1,598,331

Location Insight

City

Saint Petersburg

County

Pinellas

State

Florida

Latitude

27.7731

Longitude

-82.6344

CBSA code

45300

CBSA name

TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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