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7612 Blind Pass Rd, St. Pete Beach, FL, 33706

ST. PETE BEACH PLAZA
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Highlights

INVESTMENT HIGHLIGHTS

  • PREMIER ST. PETE BEACH GENERATIONAL ASSET: Positioned on Blind Pass Road in the heart of downtown St. Pete Beach, FL, a high-traffic beach area that attracts significant tourism, driving demand for retail and service businesses.
  • STABLE INCOME STREAM: Fully leased two-unit strip center with long-term tenants, providing reliable rental income and reduced vacancy risk.
  • SELLER FINANCING AVAILABLE: The seller is willing to offer financing with favorable terms, providing investors with flexible acquisition options.
  • STRONG MARKET GROWTH: Located in a rapidly redeveloping area, enhancing property appreciation and future investment potential.
  • PASSIVE INCOME OPPORTUNITY: Tenants cover property taxes and insurance, creating a low-maintenance investment with minimal responsibility for the owner.
  • AMPLE PARKING: 30 parking spaces with a parking ratio of 9.80/1,000 SF, offering tenants and customers convenient and sufficient parking.
  • PROVEN STORM & FLOODING RESILIENCE: This property has consistently withstood major storms, including both hurricanes that impacted Pinellas County last October, without sustaining damage. Its elevated positioning has historically protected it from storm surge and flooding.

Location

Agents

Broker of Record

Kyle Matthews

License # CQ1066435 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203

Key Information

Cap Rate
4.26%
Tot. SF
3,060
Type
Shopping Centers
NOI
$69,290