Rare opportunity to acquire a fully leased boutique medical and aesthetic suite property with real estate in one of the most desirable corridors in St. Petersburg. This turnkey investment offers stable in-place income with significant upside potential, ideal for both investors and owner-users. The property generates approximately $150,000 in annual gross income with a projected NOI of $114,000, representing an attractive ~7% cap rate. The building is currently occupied by 10 individual tenants, operating on a mix of short-term and month-to-month leases.
Property Features
Heating Information
Central
Electric
Parking
Electric Vehicle Charging Station(s)
Lighted
Cooling Information
Central Air
Water Features
None
Utilities
Water Connected
Listing Courtesy: SMITH & ASSOCIATES REAL ESTATE - 727-342-3800