2200 49TH STREET N | St Petersburg
Rare opportunity to acquire a fully leased boutique medical and aesthetic suite property with real estate in one of the most desirable corridors in St. Petersburg. This turnkey investment offers stable in-place income with significant upside potential, ideal for both investors and owner-users. The property generates approximately $150,000 in annual gross income with a projected NOI of $116,000, representing an attractive 10% cap rate. The building is currently occupied by 10 individual tenants, operating on a mix of short-term and month-to-month leases. StellarMLS TB8490433
Directions to property: Head west on 22nd Avenue N cross 49th Street N and property is directly on the North corner of 22nd Ave N and 49th Street N.