2200 49th St St Petersburg, FL 33710

Listing details for 2200 49th St, St Petersburg, FL 33710 : 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 9% cap rate. The building is currently occupied by 10 individual tenants, operating on a mix of short-term and month-to-month leases.