1501 5th Avenue N, ST PETERSBURG, FL

$4,255,000

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3,730

Square feet

0.54

Acres

About 1501 5th Avenue N

Zoning is IN PLACE. Property is located within an OVER LAY DISTRICT and has an FAR of 2.5 allowing up to 58,800 Sq. Ft. MOL of improvements. Property also qualifies for TDR's (Transfer of Density Rights). The total TDR's would be approximately 54,800 Sq. Ft. (total Density rights - size of existing building). Thus 58,800 - 4,000 (existing building is approximately 3,730 Sq. Ft.) = 54,800 Sq. ft. of TDR's Current structure is a One level Medical Office one block from St. Anthony's Hospital. St. Anthony's is currently undergoing a $150,000,000+ million expansion. Building is a "Mid Century" Architectural Design. Building has abundant parking. There are approximately 51 Spaces, which equates to over 13 spaces per 1,000 Sq. Ft. That is one of the best parking ratios in all of St. Petersburg. Grass covered Vacant lot to west of parking lot, goes with the property. The vacant lot is covered in grass for over flow parking but could be paved. If a you prefer to Lease, Owner is capable and willing to renovate building to suit your needs. Owner feels building could be renovated to be a stunning Mid Century building. Owner has been responsible for the total renovation of many St. Petersburg properties. These prior renovations have been of the highest quality. Buyer / Tenant can see, and judge for themselves the quality of prior projects. There are many flexible ways in which to structure a deal. Seller can provide Seller Financing. To be clear, Buyer can purchase the property "AS IS".

Features of 1501 5th Avenue N

MLS® # U8107494
Price $4,255,000
Bathrooms 0.00
Square Footage 3,730
Acres 0.54
Year Built 1959
Type Commercial Sale
Sub-Type Office
Status Active

Community Information

Address 1501 5th Avenue N
Area St Pete
Subdivision BON AIR
City ST PETERSBURG
County Pinellas
State FL
Zip Code 33705

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Central
Cooling Central Air
Fireplace No
# of Stories 1

Exterior

Lot Description Corner Lot, Curb and Gutters, Sidewalk, Street Lights, Paved
Roof Built-Up
Foundation Slab

Additional Information

Date Listed December 14th, 2020
Days on Market 605
Zoning GO
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeBSRA LLC

Listing Map

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