Retail Space
1201 4th Street South St Petersburg, FL 33701
Details & Description
Price: $1,250,000
    Off Market Strip Center Scarcity * ROYAL POINCIANA PLAZACome and Get It > Super Rare Strip Center for Sale on 4th Street South > There is only One Strip Center on all of 4th Street South - It is yours to own.Our Off-Market Offering is for a Strip Center Plaza on 4th Street South. The Property consists of 10,172 sf of building and over 1/2 acre of land. The floorplan shows 6 retail units plus an 2 legal apartments. It appears the plaza could be divided into 9 retail units.Current Gross is $104k. Current NOI is $90k. Rents are well under market in our opinion. A value add buyer could expect to restabilize at an estimated $13-14 NNN as opposed to the average $10 gross in place. Most leases are month to month. A couple are 1 year. And one is 2 years. Contact us for a rent roll. Restabilization can happen rather quickly to achieve an estimated $130-140k NOI.The locale is stellar - surround by the Innovation District, Hospital compounds and the new University complexes, plus the proposed Salt Creek Development. The area also has a new Dunkin, Taco Bell, renovated McDonalds and Wendy's.This Site is also prime for future development with the remarkable .55 acre 4th Street footprint.Consider Contacting JonnY RenO La Budde 727-510-1921 / LaBuddeReno@aol.comLocation Description: Location Supremacy - the Site is located on 4th Street South on the 1200 block at 1201, between 11th Avenue South and 13th Avenue South on the west side.The 4th Street corridor runs the full length of the city from Gandy to Pinellas Point. This street is considered the #1 Commercial Corridor in the county.The address is unequal being only 1 minute to the Innovation District, Marina District, Bayfront Hospital, All Children's and USF.The site is only 2 minutes to Downtown St Pete, the Interstate, and the Waterfront.
    Property Highlights
    Additional Photos
    Listing Agents
    Jonny Reno La Budde
    KW Commercial
    O: 727-510-1921
    labuddereno@aol.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    1201 4th Street South

    St Petersburg, FL 33701

    Listing ID: 270103
    • 1201 4th Street South St Petersburg, FL 33701 | for Sale | Photo 1
    • 1201 4th Street South St Petersburg, FL 33701 | for Sale | Photo 2
    • 1201 4th Street South St Petersburg, FL 33701 | for Sale | Photo 3
    • 1201 4th Street South St Petersburg, FL 33701 | for Sale | Photo 4
    1201 4th Street South | for Sale | Thumbnail 1
    1201 4th Street South | for Sale | Thumbnail 2
    1201 4th Street South | for Sale | Thumbnail 3
    1201 4th Street South | for Sale | Thumbnail 4
    Building Size: 10,172 SF
    Lot Size: 0.550 AC
    Land Size: 23,969 SF
    Building $/SF: $122.89
    Land $/SF: $52.15
    Price
    $1,250,000
    Property Highlights
    Off Market Strip Center
    Florida Opportunity
    Tampa Bay Metro
    St Petersburg Market
    4th Street Address
    10,000 sf Building
    12 Acre of Land
    Innovation District
    Marina District
    1 Commercial Corridor
    Description

    Off Market Strip Center Scarcity * ROYAL POINCIANA PLAZA

    Come and Get It > Super Rare Strip Center for Sale on 4th Street South > There is only One Strip Center on all of 4th Street South - It is yours to own.

    Our Off-Market Offering is for a Strip Center Plaza on 4th Street South. The Property consists of 10,172 sf of building and over 1/2 acre of land. The floorplan shows 6 retail units plus an 2 legal apartments. It appears the plaza could be divided into 9 retail units.

    Current Gross is $104k. Current NOI is $90k. Rents are well under market in our opinion. A value add buyer could expect to restabilize at an estimated $13-14 NNN as opposed to the average $10 gross in place. Most leases are month to month. A couple are 1 year. And one is 2 years. Contact us for a rent roll. Restabilization can happen rather quickly to achieve an estimated $130-140k NOI.

    The locale is stellar - surround by the Innovation District, Hospital compounds and the new University complexes, plus the proposed Salt Creek Development. The area also has a new Dunkin, Taco Bell, renovated McDonalds and Wendy's.

    This Site is also prime for future development with the remarkable .55 acre 4th Street footprint.

    Consider Contacting JonnY RenO La Budde 727-510-1921 / LaBuddeReno@aol.com

    Location Description: Location Supremacy - the Site is located on 4th Street South on the 1200 block at 1201, between 11th Avenue South and 13th Avenue South on the west side.

    The 4th Street corridor runs the full length of the city from Gandy to Pinellas Point. This street is considered the #1 Commercial Corridor in the county.

    The address is unequal being only 1 minute to the Innovation District, Marina District, Bayfront Hospital, All Children's and USF.

    The site is only 2 minutes to Downtown St Pete, the Interstate, and the Waterfront.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    St Petersburg History of Retail Space for Sale

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    St Petersburg Area Market Trends

    Listing Demographics for 1201 4th Street South St Petersburg, FL 33701

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population15,49294,260244,943
    Population Median Age424344
    Population by Age0-9 Yrs1469 (9%)8128 (8%)21676 (8%)
    10-19 Yrs1683 (10%)9246 (9%)24085 (9%)
    20-29 Yrs2279 (14%)12329 (13%)30801 (12%)
    30-39 Yrs2011 (12%)12657 (13%)31067 (12%)
    40-49 Yrs1744 (11%)11303 (11%)29759 (12%)
    50-59 Yrs2158 (13%)13716 (14%)37096 (15%)
    60-69 Yrs2387 (15%)13521 (14%)34709 (14%)
    70+ Yrs1762 (11%)13361 (14%)35750 (14%)
    Median HH Income$39,436$53,701$58,321
    Total Household Income< 24K2156 (33%)10067 (24%)21051 (20%)
    25-49K1632 (25%)9229 (22%)23271 (22%)
    50-74K817 (12%)6408 (15%)17806 (17%)
    75-99K546 (8%)4376 (10%)12517 (12%)
    100-199K864 (13%)7434 (18%)19539 (19%)
    200K+409 (6%)3199 (7%)7955 (7%)
    Highest Education LevelNo Diploma1374672015885
    Diploma or GED27421576444271
    Some College23351404837714
    Assoc. Degree736589217712
    Bachelors Degree25171721641698
    Higher Degree15991166627216
    Total Housing Units9,01153,601128,785
    --Owner-Occupied2,64322,36065,902
    --Renter-Occupied3,78118,35236,238
    Owner-Occupied Values< 100K784341011069
    100-199K592540919081
    200-299K357388512580
    300-399K28727547570
    400-499K18418594226
    500K+439504211375
    Total Working Age Population13,19680,422209,530
    In Work Force7,27248,073126,654
    Not In Work Force5,92432,35082,876
    Workforce Employed6,54644,844119,470
    Workforce Unemployed6002,8976,682
    Civlian Workforce7,14647,741126,152
    Military Workforce126331502
    Total Households6,42540,712102,139
    Family Households2,51819,75054,970
    Non-Family Households3,90720,96247,169
    Married Couple1,61513,52538,589
    Other Family9046,22616,381
    Married w/Child3843,34110,429
    Single Male w/Child1036061,878
    Single Female w/Child3222,3125,463

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Florida15,982,378+1818,801,310+1421,517,610+1324,340,457
    Hillsborough County998,948+231,229,226+191,466,803+161,708,550
    Pinellas County921,482-1916,542+7983,883+51,034,290

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 1201 4th Street South in St Petersburg?
    The asking price for 1201 4th Street South is $1,250,000
    What is the building size of this Retail property in St Petersburg, FL?
    The size of the building/unit at 1201 4th Street South in St Petersburg is 10,172 square feet
    How much land does the St Petersburg, FL property at 1201 4th Street South include?
    1201 4th Street South in St Petersburg includes 0.550 acres of land
    What kind of Retail is the propery at 1201 4th Street South?
    The property at 1201 4th Street South St Petersburg, FL 33701 is listed as a Shopping Center Retail property
    What is the population within 1 mile of 1201 4th Street South in St Petersburg?
    The population within 1 mile of 1201 4th Street South St Petersburg, FL 33701 is 15,492 people.
    Who do I contact for questions about 1201 4th Street South?
    You should contact the listing agent, Jonny Reno La Budde, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Tampa International Airport (TPA) 16
    Sarasota Bradenton International Airport (SRQ) 26
    Orlando International Airport (MCO) 93
    Price
    $1,250,000
    Listing Agent
    More listings from Jonny Reno La Budde
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