1940 7Th AveSt. Petersburg, FL 33712

  • Specialty properties
  • 7,724 SF
For Sale
$1,690,000 View listing

Property Details for 1940 7Th Ave

Year built
1964
Construction
CONCRETE BLOCKS
Lot size
0.63 AC
Property size (Sq ft)
7,724 SF
Property type
Specialty properties
Property subtype
Other specialty properties
APN
25-31-16-37170-000-0260
APU
253116371700000260

Description

This exceptional commercial property, known as Melrose Rendezvous, presents a rare off-market opportunity in Pinellas County. The 14,648 square foot building, constructed in 1964, offers a blend of retail, office, and industrial space, currently entirely vacant and available for lease. The flexible layout allows for multiple tenants or a single large occupant, with minimum divisible space of 4,774 square feet and a maximum contiguous space of 9,874 square feet. The property sits on a 0.63-acre lot and boasts a contemporary design with abundant natural light, creating a modern and versatile environment suitable for a variety of businesses. Amenities cater to both employees and clients, while ample parking ensures convenience for all. Its strategic location within a prime business area provides high visibility and accessibility, making it an ideal location for businesses seeking a prominent presence. The space offers potential for customization to meet specific business requirements. This is a truly exceptional opportunity to secure a well-located, versatile commercial space before it hits the open market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,699,004
    Hospitality
    $2,472,274
    Educational
    $2,056,903
    Medical
    $2,127,643
    Retail
    $3,199,626
1940 7Th Ave, St. Petersburg, Florida

Location Insight

City
Saint Petersburg
County
Pinellas
State
Florida
Latitude
27.7625
Longitude
-82.6597
CBSA code
45300
CBSA name
TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,278
-
-
$366,473
-
$145,760
$220,713
$366,473

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