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 ~8% cap rate. The building is currently occupied by 10 individual tenants, operating on a mix of short-term and month-to-month leases.
- Built in 1954
- $985.05/sqft
- Lot size: 8,512 sqft
- 30 days on market
- Directions: 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.
- County: Pinellas
- Geo subdivision: LAKE SHEFFIELD 2ND SEC
Features
Interior
Exterior
Utilities
Structure
Pets, Accessibility & Amenities
Financial
Tax, Legal & Financing
Let's get in touch!
Let's get in touch!

Niles Harrison Pfeiffer
Central Florida REALTOR®
- Source: Stellar MLS
- MLS #: TB8490433
Listing updated: April 21, 2026 at 12:36PM
Listing provided by: Jenny Schmidt, SMITH & ASSOCIATES REAL ESTATE
Last checked 2 days ago
Listing provided by: Jenny Schmidt, SMITH & ASSOCIATES REAL ESTATE
Last checked 2 days ago
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