ST. PETE BEACH PLAZA

7612 Blind Pass Rd, St. Pete, FL 33706
$1,700,000

Occupancy
100%
Leasable Area
3,060 SF
NOI
$69,290
Property Type
Shopping Centers

INVESTMENT HIGHLIGHTS

  • PREMIER ST. PETE BEACH GENERATIONAL ASSET: Positioned on Blind Pass Road in the heart of downtown St. Pete Beach, FL, a high-traffic beach area that attracts significant tourism, driving demand for retail and service businesses.
  • STABLE INCOME STREAM: Fully leased two-unit strip center with long-term tenants, providing reliable rental income and reduced vacancy risk.
  • SELLER FINANCING AVAILABLE: The seller is willing to offer financing with favorable terms, providing investors with flexible acquisition options.
  • STRONG MARKET GROWTH: Located in a rapidly redeveloping area, enhancing property appreciation and future investment potential.
  • PASSIVE INCOME OPPORTUNITY: Tenants cover property taxes and insurance, creating a low-maintenance investment with minimal responsibility for the owner.
  • AMPLE PARKING: 30 parking spaces with a parking ratio of 9.80/1,000 SF, offering tenants and customers convenient and sufficient parking.
  • PROVEN STORM & FLOODING RESILIENCE: This property has consistently withstood major storms, including both hurricanes that impacted Pinellas County last October, without sustaining damage. It’s elevated positioning has historically protected it from storm surge and flooding.

 


Broker of Record

  • Kyle Matthews
  • License No. CQ1052263 (FL)
  • (866) 889-0550
  • Matthews Real Estate Investment Services
  • 1600 West End,
    Ste. 1500 Nashville, TN 37203
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