5100 78Th AvePinellas Park, FL 33781

Property Details for 5100 78Th Ave

Year built

1983

Construction

FRAME

Lot size

1.29 AC

Property size (Sq ft)

8,900 SF

Property type

Office buildings

APN

28-30-16-20052-000-0010

APU

283016200520000010

Description

This exceptional Pinellas Park property, Park Center, offers two immediately available commercial spaces totaling 3,000 square feet. Located at 5100 78th Ave N, near the intersection of 78th Ave N and 49th Street, this Class B property boasts two buildings, each single-story, built in 1985 and extensively renovated in 2023. One suite, measuring 1,200 square feet, is a fully built-out medical office space, ideal for a medical spa or similar practice, and available March 1, 2024. This space features a reception area, ample seating, multiple rooms, newer flooring, interior paint, baseboards, LED lighting, a recently serviced central HVAC system, and a partially remodeled bathroom. The second suite, encompassing 1,800 square feet, is perfect for retail or office use and is available for immediate occupancy. Both spaces benefit from the property's abundant parking – over 60 spaces plus overflow – including ADA-compliant spots. The 8-foot ceilings and 100 AMP power provide ample space and utility. The property is zoned Town Center, allowing a wide range of uses, including art galleries, bakeries, brewpubs, clothing stores, catering establishments, retail rentals, pharmacies, financial institutions, florists, various office businesses, microbreweries, print shops, creative spaces, educational and training businesses, laboratories, medical and dental practices, and more (see full list of permitted uses in original listing). Low monthly CAM fees cover property management, landscaping, common area maintenance, pest control, garbage removal, parking lot upkeep, exterior painting, and roof maintenance. This is a fantastic opportunity for businesses seeking a well-maintained, versatile space in a thriving location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,735,037

  6.5%

  $1,601,572

  7%

  $1,487,174

• Comparable approach

  Method

  Valuation

  Relative Method

  $981,492

  Geo Method

  $981,492

• Alternative Use

  Use

  Valuation

  Residential

  $1,985,950

  Hospitality

  $1,819,120

  Educational

  $1,513,486

  Medical

  $1,565,537

  Retail

  $2,354,312

Location Insight

City

Pinellas Park

County

Pinellas

State

Florida

Latitude

27.8425

Longitude

-82.7031

CBSA code

45300

CBSA name

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

Property Tax & Assessments

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