4717 22ND AVENUE S, ST PETERSBURG, FL 33711

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$1,200,000

bedrooms

bathrooms

square feet

5,640

Acreage

0.33

Open Houses

year built

1959

Full Baths

Half Baths

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Rare opportunity for an investment in the busy and sought-after area of Gulfport (actually located in St. Petersburg) Florida. 4 stores fully occupied and 1 store leased and under renovation. Investment presented at a solid 7.5% Cap Rate (see below). Tenants pay CAM and share the cost of some utilities based on square footage. Outdoors is of absolute minimal maintenance. There is no deferred maintenance or CAPEX need outside of this building, with a new roof and resurfaced parking lot. Tenants pay for maintenance and improvements of the inside of all units. Half of the tenancy is with very long-time tenants owning well-established and reputable businesses. **IMPORTANT NOTE: PLEASE DO NOT VISIT, DISTURB, OR ASK BUSINESSES OR TENANTS- CONTACT BROKER ONLY**

Location
Subdivision	SZYMANSKIS REP ANNEX
County	Pinellas
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: TB8380426

Listing agent: Don Wallace #637609

Listing broker: Klein & Heuchan Inc Realty (727) 441-1951

Copyright © 2025 Pinellas Suncoast Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Sunday, May 4 2025 at 5:29 a.m. EDT

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