Sarasota's Premier Homes

510 70TH AVENUE

ST PETE BEACH, FL 33706

MLS#: J999254

$2,800,000

Status: Closed
Listing number: J999254
Listing provided by: STELLAR NON-MEMBER OFFICE
Listing agent phone: None
Last update: a month ago
On site: a month ago
Browse Properties
ST PETERSBURG BEACH 1ST ADD - Commercial Sale

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1972

Sq.Footage

7,750

Seller - Buyer

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Block

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.23

  • Lot Size(square feet)

    10001.0

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $2,800,000

  • Tax Amount

    $13,692

  • Sq. Footage

    7, 750

  • Price/SqFt

    $361

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Foundation Details

    Block

  • Ownership

    Fee Simple

  • Tax Lot

    28

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Location

County

Pinellas

Elementary School

Middle School

High School

Listing Courtesy of Non-Member Agent , STELLAR NON-MEMBER OFFICE

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Agent Michael Graf

Business Coach | Executive Sales Associate | Realtor®

Michael Graf

Call Michael today to schedule a private showing.

(941) 315-6980

michael@thegrafgroupvip.com


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Seller - Buyer

510 70TH AVENUE

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Location, Location, Location on St Pete Beach, the Palm Garden Apartment Complex is a rare opportunity to acquire an immaculate condominium style investment property. The meticulously well-maintained fourteen unit with two buildings has long maintained full occupancy with average stay of the 14 lessee is 6.5 years this giving the owner a reliable revenue stream. Constructed in 1972 of solid block with poured concrete floors, built on a sturdy slab with a durable stucco exterior finish. The roof was installed in 2014 and its a 20mil TPO in excellent condition white roof. The Mansard roof built around the balconies were totally rebuilt in 2020 with new 50-year shingles and all ceilings being done with weather resistant wood. The building was painted in 2020 with top-of-the-line Behr Dynasty paint. The unit mix consists of twelve one-bedroom one-bath (680mol Sq Ft plus balcony) and two two-bedroom two-bath apartments. (1000mol Sq Ft) All but three apartments have been renovated and feature contemporary luxury kitchens and bathrooms appointed with high-quality fixtures and cabinets, stainless steel appliances, granite countertops, and European-inspired tile. Bedrooms are all carpeted. A number of major capital improvement projects have been completed in recent years including, but not limited to, new mansards roofs, landscape upgrade with Citra Blue sod(decease free sod), replacement of all hot water tanks within two years , all fuse and breaker boxes, epoxy resin surfaced hallways, steps and walkways, and replacement of all condensers on roof. Apartment layouts are designed with expansive living rooms, dining areas, full-size bathrooms, and a private balcony or patio. Community features include twenty off-street private parking spaces, professionally landscaped grounds shaded by tropical trees, and all new onsite laundry facilities. Every apartment is individually equipped with modern central heating and air conditioning systems providing year-round comfort. Metered separately, electricity is paid by tenants. City water and trash collection, as well as basic cable with internet service, is provided by the owner. Hot water is supplied by efficient individual in-unit tanks. There is a public bus stop, right in front of the Apartment Complex with buses passing by all day long. St Pete Beach regularly ranks among the world’s list of best beaches!!! Apartment Complex tenants enjoy a year-round vacation style with nearby beaches. Short bike ride to public beach access at the popular Upham Beach Park and Sunset Beach Treasure Island both known for their popular white sand and breakfast area pavilion. There are plenty of restaurants within walking distance along with schools, churches, shops, bars, and not to forget the Historic Corey Avenue Shopping District. This shopper’s paradise thrives as the heart of St Pete Beach with its historic unique specialty shops, art, craft, and jewelry galleries, clothing stores, and imaginative gift shops. This Apartment Complex has been owned by one family for over 20 years and is perfect for an investor wanting a mint condition property with no near-term problems. Owner operates the property himself with no problems leaving town on vacations constantly. Investors interested in purchasing a prize-winning property, that has been extremely taken care of, THIS IS IT!!!!!! Perfect for a 1031 Exchange or a real estate investment. Please contact the Broker/Owner for financial details and additional information!
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8630 BLIND PASS ROAD

None Beds

None Baths

10,964 Sq.Ft.

$3,200,000

MLS#: TB8504963

Located along Blind Pass Road, the primary commercial corridor of St. Pete Beach, this freestanding retail property offers a rare opportunity to acquire a well-positioned asset with in-place income, strong frontage, and meaningful future upside. Blind Pass serves as the main gateway between St. Petersburg and the Gulf beaches, carrying consistent daily traffic estimated at approximately 15,000 vehicles per day, along with steady year-round tourism. Often considered the closest equivalent to a “downtown” district within St. Pete Beach, this corridor has emerged as a central hub for dining, neighborhood retail, and service-based businesses. The property is surrounded by a mix of local operators, national retailers, and nearby residential density, supporting both daytime and evening activity. The offering includes a fully leased retail building occupied by established food and beverage tenants, providing stable in-place cash flow. This stretch of Blind Pass is a proven restaurant and hospitality corridor, with strong demand for experiential retail and dining concepts. A key differentiator is the adjacent cleared rear parcel, which may provide flexibility for additional parking, outdoor seating, or expanded operations. Currently zoned residential, over time, this rear lot presents potential for additional vertical development or mixed-use expansion, subject to city approvals. The parcel can be included in the purchase or sold separately for $300,000. The site benefits from strong frontage, depth, and functional parking characteristics, which are critical advantages in a supply-constrained beach market where parking and visibility directly impact tenant performance. The property is also positioned near planned redevelopment activity, including the Cory Landing project, which is expected to further enhance the corridor’s long-term growth and investment profile. Following recent storm events, the property has demonstrated resiliency and remains a strong candidate for investors seeking durable income with future upside. With a combination of location, cash flow, and development optionality, this offering represents a compelling opportunity within one of the most tightly held coastal markets in Florida. All information regarding zoning, land use, density, height, and development potential is believed to be accurate but has not been independently verified. Any future development or change of use is subject to applicable approvals. Buyer to verify all information. This property is one of several St. Pete Beach assets available for sale. Ownership will consider a combined acquisition, creating a larger coastal position with pricing consideration for a portfolio purchase.
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None Beds

None Baths

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MLS#: TB8495435

- property

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