3527 1ST AVENUE S

Commercial For Sale

$1,200,000

BTC: 19.54397394

ETH: 687.28522337

65 days

For Sale

Commercial

0 room(s) •

3,641 sqft

Overview

A block from 34th Street and Central Avenue, right in the middle of one of St. Petersburg's highest-traffic corridors, this 12-bedroom multifamily is already producing and has the numbers to show for it. The kind of foot traffic and visibility that 34th and Central bring helps explain why occupancy stays around 90% on a weekly rental model. Ten of the rooms have their own private full bath right inside the unit, and the remaining two share a bath just steps away. Common areas round out the day-to-day. The shared kitchen has room to cook without getting in each other's way, a living room gives tenants a place to unwind outside their own four walls, and an on-site laundry room means nobody has to leave the building for the basics. It is a simple setup, and that simplicity is a big part of why people stay. The income tells the rest of the story. Twelve rooms generating $250 to $300 per week through PadSplit, with $129,600 in annual gross revenue for 2025 and roughly 90% occupancy. Tenants stay anywhere from two months to two years. Three independent AC systems keep the building comfortable year-round, and an on-site parking lot handles daily traffic. At 3,641 square feet of living space inside a 4,377 gross square foot commercial shell, the building carries more capacity than the residential use alone would suggest. Worth noting: this building started life as a medical clinic, and that original layout is still intact. The private rooms with en-suite baths, the separation between spaces, the commercial-grade shell, all of it was designed for clinical use first. The zoning, commercial structure with residential use, reflects that history. For a medical group, wellness practice, or healthcare provider looking for space in this part of St. Petersburg, the conversion work is largely already done. Bayfront Health St. Petersburg, St. Anthony's Hospital, and Johns Hopkins All Children's Hospital are all a short drive away, putting this property in the middle of the medical and employment corridor that keeps demand steady in this part of Pinellas County. I-275 connects to Tampa in under 30 minutes, and the SunRunner rapid transit line runs straight to downtown St. Pete.

Location

Florida • ST PETERSBURG • 33711 • Commercial • For Sale

Details

Type:

Commercial Sale

Parking:

No Data

Year Built:

1971

Lot:

0.29 Acres

Heating:

No Data

Price/sqft:

$330

Cooling:

Central Air

HOA:

No Data

Type:

Commercial Sale

Parking:

No Data

Year Built:

1971

Lot:

0.29 Acres

Heating:

No Data

Price/sqft:

$330

Cooling:

Central Air

HOA:

No Data

Private inquiry

Talk to the advisor on this listing.

Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

Highlights

Annual tax

$9,461

2025

All facts and features

Cooling

• Central Air
Lot

• Lot: 0.29 Acres

Other Property Information

• Parcel Number: 223116961920020120
Type and style

• Property Type: Commercial Sale

• Property Sub Type: Multi Family (5+)
Other financial information

• Annual tax amount: $9,462
Source details

• MLS ID: TB8493152

Other facts

• Construction Materials: Brick

• Foundation Details: Slab

• Living Area: 3641

• Lot Size Dimensions: 80 x 148

• Subdivision Name: WEST CENTRAL AVE SUB

Private inquiry

Talk to the advisor on this listing.

Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: KELLER WILLIAMS GULF BEACHES

3527 1ST AVENUE S

Overview

Location

Details

Highlights

Interior details

Property details

Construction details

HOA and Financial Details

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