Published on: Wednesday, July 2, 2025
Updated on: Wednesday, July 2, 2025
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About the Lister
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Name: David J. Rosenthal
Company: Grimaldi Commercial Realty Corp.
Office Phone:  
Cell Phone: (813) 882-0884
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  retail opportunity in downtown st. petersburg on 5th ave ...
1601 5th Avenue North Saint Petersburg Florida , 33713
1601 5th Avenue North Saint Petersburg Florida , 33713  Grimaldi Commercial Realty Corp.
Listing ID: CL-Florida-25809

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): Contact Lister
Net Operating Income: Contact Lister
Commission Split (%): 0
Quick Glance
Listing ID: CL-Florida-25809
Status: Accepting Offers
Financing: Third Party Financing
Occupancy: N/A
Year Build: N/A
Building Size: N/A SqFt
Lot Size: N/A
No of Stories: N/A
No of Parking: N/A
Offer to Millionaire Club: No
Business Available for Sale: No
Is Net Lease Investment: No
Property On Ground Lease: No
Building Status: Existing
Attached Documents
  • Download | Offering Memorandum.pdf ( 4,648.35KB)
Listing Summary
EXTREMELY RARE OPPORTUNITY FOR AN OWNER/USER OR AN INVESTOR TO PURCHASE PRIME REAL ESTATE IN DOWNTOWN ST. PETERSBURG, FL.
Complete Details
Year Build: N/A
Building Size: N/A
No of Stories: N/A
Total Lot Area: N/A Not Specified
No of Parking: N/A
No of Total Units: N/A
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Not Specified
Building Class: Not Specified
Property on Ground Lease?: No
Net Lease Investment?: No
Business Price Included?: No
Roofing: Not Specified
Occupancy: 0%
Full Description

Property Description

EXTREMELY RARE OPPORTUNITY FOR AN OWNER/USER OR AN INVESTOR TO PURCHASE PRIME REAL ESTATE IN DOWNTOWN ST. PETERSBURG, FL. THE PROPERTY IS LOCATED ON THE HARD CORNER OF 5TH AVE N AND 16TH ST, WITH HEAVY TRAFFIC AND AMAZING VISIBILITY FOR ANY BUSINESS! DOWNTOWN ST. PETERSBURG IS ONE OF THE HOTTEST MARKETS IN THE COUNTRY, SEEING MASSIVE GROWTH AND DEVELOPMENT OVER THE PAST 10 YEARS!

THE PROPERTY CONSISTS OF A 2,700 S/F (M.O.L) RETAIL/OFFICE BUILDING PERFECT FOR ANY BUSINESS AND A PARKING LOT WITH 12 SPACES! 5TH AVE NORTH IS ALREADY HOME TO HUNDREDS OF LOCAL BUSINESSES, MAKING THIS A HIGHLY SOUGHT-AFTER LOCATION IN THE DOWNTOWN CORRIDOR. THE PROPERTY SITS AT A SIGNALIZED INTERSECTION WITH AN ON-RAMP TO INTERSTATE I-275 DIRECTLY NORTH OF THE PROPERTY!

AMAZING SELLER FINANCING IS AVAILABLE AT THIS LOCATION. THE OWNER IS OFFERING THE FOLLOWING INCREDIBLE TERMS FOR A POTENTIAL BUYER: $255,000 IN THE FORM OF A DOWN PAYMENT, 6% FIXED IR, INTEREST-ONLY PAYMENTS, AND A 3 OR 5-YEAR BALLOON! THESE ARE THE BEST TERMS YOU WILL FIND ON THE MARKET CURRENTLY, AND THEY WILL ALLOW AN OWNER/OPERATOR THE ABILITY TO PUT A SMALL AMOUNT DOWN AND USE THE REMAINING FUNDS TO START THEIR BUSINESS OR MAKE IMPROVEMENTS TO RENT THE PROPERTY OUT AS AN INVESTMENT!

Location Description

LOCATED ON THE HARD CORNER OF 5TH AVE N AND 16TH ST. IN DOWNTOWN ST. PETE.

Additional Properties
Property Highlights
  • AMAZING OPPORTUNITY IN DOWNTOWN ST. PETERSBURG, FL!
  • PERFECT FOR OWNER/USER OR INVESTOR LOOKING FOR PRIME REAL ESTATE IN ONE OF THE HOTTEST MARKETS IN THE COUNTRY!
  • 2,753 S/F (M.O.L) BUILDING ON THE HARD CORNER OF 5TH AVE N AND 16TH ST!
  • SIGNALIZED INTERSECTION WITH AMAZING VISIBILITY!
  • AMAZING SELLER FINANCING AVAILABLE!
  • SELLER FINANCING APPROX TERMS:
  • DOWN PAYMENT: $255,000
  • 6% FIXED INTEREST RATE
  • INTEREST-ONLY PAYMENTS
  • 3 OR 5-YEAR BALLOON
  • I-275 ON RAMP DIRECTLY NORTH OF THE PROPERTY!I-275 ON RAMP DIRECTLY NORTH OF THE PROPERTY!
  • MINUTES FROM THE HEART OF DOWNTOWN ST. PETERSBURG!

Lending Opportunities

Interested in making an offer on this property or adding it to your portfolio? Our network of experienced lenders is ready to provide you with competitive loan options tailored to your needs. Whether you're an investor or a first-time buyer, securing financing is the key to turning this opportunity into reality. Don’t wait, reach out now to get pre-approved, explore your loan options, and take the next step with confidence!
Company Name Lender Type Contact Name Contact Number Actions
Epic Investments, LLC Mortgage Lenders Naveed Peerani (954) 849-7745 Request Quote
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Business Opportunities

LoopingCloud is your gateway to connect with property buyers, sellers, and agents by showcasing your services, whether you specialize in legal support, title and escrow, inspections, appraisals, contracting or anything in between. Feature your business on residential and commercial listings and become a trusted part of every real estate transaction.
Company Name Business Type Contact Name Contact Number Actions
EW Title, LLC Title Services Erin (954) 849-7745 Request Quote
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Listing Location
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