3501 1st Avenue S Saint Petersburg, FL 33711
For Sale MLS# TB8362460
2,628 sq ft Commercial
Details for 3501 1st Avenue S
MLS# TB8362460
Description for 3501 1st Avenue S, Saint Petersburg, FL, 33711
Low-Risk NNN Investment with Annual Growth Prime St. Petersburg Commercial Property. Rare opportunity to acquire a Triple Net (NNN) leased commercial building in St. Petersburg, FL, fully leased to a well-established veterinary hospital. This 2,628 sq ft standalone property offers stable, hands-off income with the tenant responsible for rent, 50% of property taxes, insurance, utilities, operating expenses, and lawn maintenance—perfect for investors or 1031 exchange buyers. Key Investment Highlights • 3% Annual Rent Increases for consistent cash flow • Lease Term: 5 years remaining with a 5-year renewal option • Established Tenant: Thriving veterinary practice in operation Prime Corner Location: 1st Ave S & 35th St, one block from US-19 / 34th St with high visibility and heavy traffic. Upgrades & Maintenance: New roof, painted soffit/fascia (2024), $12,000 in tree removal and pruning Property Features:11 Parking Spaces, including 2 ADA-compliant Dedicated staff/doctor parking Three driveways for easy access Circular drop-off/pick-up area. Located in a high-traffic commercial corridor of St. Petersburg, this property benefits from excellent visibility, strong tenant stability, and long-term growth potential. A cash-flow-positive, low-risk investment in one of Florida’s most vibrant commercial markets.
Listing Information
Property Type: Commercial, Business
Status: Active
Lot Size: 0.48 Acres
Square Feet: 2,628 sq ft
Year Built: 1978
Stories: 1 Story
Construction: Block,Stucco
Subdivision: West Central Ave Sub
Foundation: Slab
County: Pinellas
Utilities
Water: Public
Sewer: Public Sewer
Other Utilities: High Speed Internet Available,Municipal Utilities,Water Connected
Cooling: Central Air
Heating: Central, Electric
Exterior / Lot Features
Parking Description: Parking Space(s)
Roof: Shingle
Lot Dimensions: 140x150
Driving Directions
Take US 19 (34th St) to 1st Ave N and head west. Turn south on 35th St N, then turn right in to the property parking lot just before 1st Ave S.
Financial Considerations
Terms: Cash,Conventional
Tax/Property ID: 22-31-16-96219-002-0010
Tax Amount: 8822.1
Tax Year: 2024
A broker reciprocity listing courtesy: PREMIER SOTHEBY'S INTL REALTY
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Sales History & Tax Summary for 3501 1st Avenue S
Sales History
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Tax Summary
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Schools
Schools nearby 3501 1st Avenue S
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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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