NEWLY LISTED
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$699,900 USD
1152 62nd Avenue S
St Petersburg, Florida 33705
USA
St Petersburg, Florida 33705
USA
234.851 m2 ::
2,528 sqft
Commercial for Sale, Other Commercial Property
Land size: 0.09 ha ::
0.23 acres
Sale price per sqm: 2,980.09
Tax: 5,290 USD
Remarks:
One or more photo(s) has been virtually staged. 1152 62nd Avenue South is a 2,528-square-foot medical office building constructed of concrete block and stucco, situated on approximately 0.23 acres in south St. Petersburg. The property benefits from approximately 90 feet of frontage along 62nd Avenue South, strong street visibility, Flood Zone X designation, a roof replaced in 2016, and 12 on-site parking spaces, equating to approximately 4.75 spaces per 1,000 square feet of building area. Localized traffic counts are approximately 6,800 AADT. Purpose-built for healthcare, the building remains fully configured with 9 exam rooms, 1 dedicated lab room, a staff break room, and 3 restrooms. The existing layout is particularly well suited for physician practices, dental users, diagnostic or clinical laboratory operations, and related outpatient medical services seeking an established facility rather than undertaking a costly ground-up buildout or office conversion. The surrounding demographics reinforce that medical-use thesis. Within a 15-minute drive, the property reaches approximately 149,792 residents, with nearly 25% of the population age 65 or older. Annual healthcare expenditures within the same trade area total approximately $555.6 million, including approximately $91.3 million in Medicare payments, $38.1 million in dental expenditures, and meaningful spending across diagnostic, eyecare, hearing, and senior-care categories. The result is an established, Medicare-weighted patient base that aligns particularly well with primary care, specialty physician services, dentistry, laboratory services, and other outpatient healthcare uses. The property also offers operational flexibility. A single medical or dental practice can occupy the entire building, while three separate exterior entrances create the potential for an owner-user to occupy a portion and lease excess space or for an investor to explore a multi-suite medical configuration. The location provides convenient access to established south Pinellas neighborhoods including Lakewood Estates, Bay Vista, Pinellas Point, and Lake Vista. Approximately eight blocks north, 54th Avenue South provides direct access to Interstate 275 at Exit 17, connecting the property north toward downtown St. Petersburg and Tampa and south across the Sunshine Skyway into Manatee and Sarasota counties. 1152 62nd Avenue South is positioned among established south St. Petersburg neighborhoods including Lakewood Estates, Bay Vista, Pinellas Point and Lake Vista, providing convenient access to a substantial residential base immediately surrounding the property. The Esri Tapestry map also shows a mix of established household and mature/retirement-oriented segments throughout the broader trade area.
Features:
- Year Built: 1979
- Building age: 41-50 years old
- Floors: Tile
- Utilities: Public Sewer
Location:
1152 62nd Avenue S, St Petersburg, Florida 33705, USA
Listed By CENTURY 21 J W Morton Real Estate, Inc.
The Commercial for Sale, Other Commercial Property located at 1152 62nd Avenue S, St Petersburg, Florida 33705, USA is currently for sale. 1152 62nd Avenue S, St Petersburg, Florida 33705, USA is listed for $699,900 USD. This property has 2,528 sqft. If the property located at 1152 62nd Avenue S, St Petersburg, Florida 33705, USA isn't what you're looking for, search Florida Real Estate to see other Commercial For Sale in St Petersburg.
