Huge Price Reduction Downtown St Petersburg Florida
$975,000
1213 Arlington Avenue North, St. Petersburg, FL 33705
For Sale
Office
Pending
Last Updated: 06/10/2025
1,928 sqft
Building Size
9,600 sqft
Lot Area
Details:
Building Size: 1,928 sqft
Lot Area: 9,600 sqft
Class: B
Lease Type: Triple Net
Year Built: 1953
Tenancy: Single
Floors: 1
Seller Financing: No
Parking Spots: 4
Year Last Renovated: 2006
Investment Strategy: Opportunistic
Highlights:
- Opportunity Zone for tax savings.
- DC-2 zoning many uses and vertical development rights.
- Walkable to entertainment and restaurants.
- Redevelopment possibilities.
- Well below appraised value.
Description:
Huge price reduction. Previously appraised $1,640,000.00 motivated seller. Redevelopment or move in ready office furniture can be purchased separately.
Opportunity zone or 1031 Exchange.
Zoned DC-2 vertical development up to 125 - 200 + feet.
Proximity to public transportation and parking on street, plus newly developed Orange Station to provide additional parking.
Walking distance to hotels, restaurants, entertainment, grocery, museums, the pier and attractions in Downtown St Petersburg.
Recently under construction The Residence at 400 Central, Art House, and recently announced Waldorf Astoria.
Location
Gallery
