10 Pasadena AveSt. Petersburg, FL 33710

  • Office properties
  • 5,032 SF
For Sale

Property Details for 10 Pasadena Ave

Year built
1987
Construction
CONCRETE BLOCKS
Lot size
0.29 AC
Property size (Sq ft)
5,032 SF
Property type
Office properties
Property subtype
Office buildings
APN
19-31-16-67500-085-0090
APU
193116675000850090

Description

This exceptional mixed-use property, located at 10 Pasadena Ave N in St. Petersburg, Florida, presents a unique investment opportunity. The 5,032 square foot, two-story building sits on a highly visible, double-corner lot (.49 acres) at the intersection of Pasadena and Central Avenues, ensuring maximum exposure. Currently configured as a medical office, with ground floor medical space and additional office space upstairs, the building offers immediate occupancy potential for medical, wellness, or professional services businesses. Previously used as a bank, the property boasts strong redevelopment potential, further enhanced by a detached drive-thru ATM structure offering additional functionality or redevelopment options. Built in 1987, this one-building property offers unparalleled accessibility and exposure to high daily traffic, attracting both residents and commuters. The Pinellas County location, zip code 33710, provides convenient access to the heart of St. Petersburg. This is an ideal opportunity for investors seeking a prime location with significant upside potential.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $980,978
    6.5%
    $905,518
    7%
    $840,838
  • Comparable approach

    Method
    Valuation
    Relative Method
    $554,929
    Geo Method
    $554,929
  • Alternative Use

    Use
    Valuation
    Residential
    $1,122,843
    Hospitality
    $1,028,518
    Educational
    $855,715
    Medical
    $885,144
    Retail
    $1,331,112
10 Pasadena Ave, St. Petersburg, Florida

Location Insight

City
Saint Petersburg
County
Pinellas
State
Florida
Latitude
27.7711
Longitude
-82.7319
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
$13,446
-
-
$690,000
-
$206,563
$483,437
$690,000

FAQs

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