2200 49th Street N, Saint Petersburg, FL 33710

MAJOR PRICE IMPROVEMENT ** 10.6 CAP ** No Flood Zone. No Flood Insurance Needed. Seller Is Ready. Excellent opportunity to acquire a TURN-KEY 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 $130,000 in annual gross income with an NOI of $116,000, representing an attractive ~10% cap rate. The building is currently occupied by 10 individual tenants, operating on a mix of short-term and month-to-month leases, allowing for future rent optimization. This is a very well cared for unit. HIGH VISIBILITY-24K daily traffic count NEW ROOF< WATER HEATER

10.6% CAP

Strategically positioned at the signalized “main and main” intersection of 49th Street North and 22nd Avenue North, the asset benefits from exceptional visibility and strong daily traffic counts. The site is located in Flood Zone X, requiring NO FLOOD INSURANCE REQUIRED and offering long-term operational stability.