248 Mirror Lake DrSt. Petersburg, FL 33701

Property Details for 248 Mirror Lake Dr

Year built

1941

Construction

CONCRETE BLOCKS

Lot size

0.12 AC

Property size (Sq ft)

1,917 SF

Property type

Office buildings

APN

19-31-17-58428-004-0010

APU

193117584280040010

Description

This beautifully renovated 1,917 square foot office space in downtown St. Petersburg offers a unique blend of traditional office and coworking potential. Located at 248 Mirror Lake Dr N, 33701, this single-tenant property boasts a prime location overlooking Mirror Lake, providing spectacular views. The spacious layout includes five adaptable workspaces, easily configured to suit various business needs. A large, private conference/meeting room is situated at the front of the unit, perfect for client presentations or internal collaborations. Several individual offices of varying sizes cater to diverse tenant requirements. Amenities include a kitchen/break area, a substantial garage, a small outdoor patio ideal for informal meetings, and ample on-site parking. Two restrooms ensure convenient and separate facilities for staff and clients. Previously occupied by financial and legal businesses, this property is well-suited for a range of professional office-based enterprises. The property features a large corner lot. Lease terms are flexible, and the space is available for immediate occupancy. This exceptional property presents a rare opportunity to establish a thriving business in a highly desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $672,334

  6.5%

  $620,616

  7%

  $576,286

• Comparable approach

  Method

  Valuation

  Relative Method

  $323,254

  Geo Method

  $323,254

• Alternative Use

  Use

  Valuation

  Residential

  $769,563

  Hospitality

  $704,916

  Educational

  $586,482

  Medical

  $606,652

  Retail

  $912,305

Location Insight

City

Saint Petersburg

County

Pinellas

State

Florida

Latitude

27.7742

Longitude

-82.6439

CBSA code

45300

CBSA name

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

Property Tax & Assessments

FAQs

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