Address
7612 Blind Pass ROAD, ST PETE BEACH, FL
Price
$ 1,750,000
Property Attributes
  • MLS#U8232116
  • TypeCommercial
  • CountyPINELLAS
  • CityST PETE BEACH
  • AreaPass a Grille Bch-St Pete Bch-Treasure Isl
  • NeighborhoodSt Petersburg Beach Rep
  • Zip33706
  • StyleRetail
  • Year Built1983
  • Taxes$ 13900
  • Price$ 1,750,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3060
  • Lot Size0.46 Acres
Data Source:
Stellar MLS
Property Description

Highly sought after St. Pete Beach retail complex for sale, prime store front, fully rented with solid cash flow. The center consists of 2 units in a well-maintained building on nearly 1/2 acre. Both units are 1,530 SF under lease to long-term and successful local restaurant tenants. The established tenant at 7612 Blind Pass Road is Nori Thai. They offer a variety of Thai specialties and sushi for lunch and dinner. Nori Thai has been voted “Best of the Beaches” for 8 straight years while at this location. The Nori Thai lease was renewed in 2022 and runs through January of 2028. The tenant at 7618 Blind Pass Road is also a long-term and established restaurant. Riptides is a popular local hangout known for their casual inviting atmosphere and great cocktails. The Riptides lease is up for renewal in September of 2024. The tenants and their customers enjoy convenient access and ample parking with over 30 parking places on the .5 acre lot. The location provides great exposure fronting on Blind Pass Road at the intersection of 77th Avenue in the heart of St. Pete Beach. Immediate proximity to beaches, high income neighborhoods, professional offices, other restaurants and high end retail. Easy walking distance to the Corey Avenue which is epicenter of the St. Pete Beach shopping district with year-round events, including parades, wine tastings, arts and crafts festivals, and the Sunday Morning Market from October through May. Zoning is Town-Center-1 Core District (TC-1), serving as the city's hub with medium to high-intensity land uses and a pedestrian-friendly environment. This property benefits from a premium location with high foot traffic in a well-preserved beach shopping center. It is an ideal choice for any retail business or investor seeking maximum exposure and strong cash flow. With one lease up for renewal in September, this property presents an excellent opportunity for business and/or cash flow growth. Please review the attached sales brochure and call the listing agents for additional lease and financial details.

Price History
2/23/2024 Listed $1,750,000

General Features

Cooling Central Air
Construction Materials Block
Year Built 1983
Property SubType Retail
Tax Year 2023
Percent Ownership Corporation
County Pinellas
New Construction No
Property Type Commercial Sale
Subdivision Name ST PETERSBURG BEACH REP
Status Active
Directions At the intersection of Blind Pass Rd and 76th Ave in St. Pete Beach.
City ST PETE BEACH
Buyer Agent Compensation 2%
Total Units 2
MLS Area 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
Lot Size Square Feet 20038
Waterfront Y/N No
Street Name Blind Pass
Tax Annual Amount 13900.79
Public Remarks Highly sought after St. Pete Beach retail complex for sale,prime store front,fully rented with solid cash flow. The center consists of 2 units in a well-maintained building on nearly 1/2 acre. Both u
Days on Market 23
Standard Status Active
Tax Lot 13
Legal Description ST PETERSBURG BEACH REPLAT BLK 74,LOTS 13,14,15 & 16 LESS RD R/W ON E
Water Access Y/N No
Water View Y/N No

Interior Features

Total Stories 1
Air Conditioning Y/N Yes
Street Suffix ROAD
Living Area Units Square Feet

Exterior Features

Lot Size Area 20038
Foundation Details Slab
Number of Buildings 1
Building Area Total 3600
Lot Dimensions 215 x 93
Lot Size Acres 0.46
Road Surface Type Asphalt
Lot Size Units Square Feet
Road Frontage Type City Street

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 33706

Price
AVG $2.18M
$1.75M
Taxes
AVG $14,348
$13,900
Visits
AVG 478
215
Data Provided by Inside Real Estate®
Year Built
AVG 1956
1983