Commercial Sale · Office
1152 62ND AVENUE S, ST PETERSBURG, FL, 33705
Active12 days on marketListed Oct 1, 2026MLS #OM733297
About this property
The property at a glance
1152 62nd Avenue South is a 2,528-square-foot medical office building constructed of concrete block and stucco, situated on approximately 0.23 acres in south St. Petersburg. The property benefits from approximately 90 feet of frontage along 62nd Avenue South, strong street visibility, Flood Zone X designation, a roof replaced in 2016, and 12 on-site parking spaces, equating to approximately 4.75 spaces per 1,000 square feet of building area. Localized traffic counts are approximately 6,800 AADT. Purpose-built for healthcare, the building remains fully configured with 9 exam rooms, 1 dedicated lab room, a staff break room, and 3 restrooms. The existing layout is particularly well suited for physician practices, dental users, diagnostic or clinical laboratory operations, and related outpatient medical services seeking an established facility rather than undertaking a costly ground-up buildout or office conversion. The surrounding demographics reinforce that medical-use thesis. Within a 15-minute drive, the property reaches approximately 149,792 residents, with nearly 25% of the population age 65 or older. Annual healthcare expenditures within the same trade area total approximately $555.6 million, including approximately $91.3 million in Medicare payments, $38.1 million in dental expenditures, and meaningful spending across diagnostic, eyecare, hearing, and senior-care categories. The result is an established, Medicare-weighted patient base that aligns particularly well with primary care, specialty physician services, dentistry, laboratory services, and other outpatient healthcare uses. The property also offers operational flexibility. A single medical or dental practice can occupy the entire building, while three separate exterior entrances create the potential for an owner-user to occupy a portion and lease excess space or for an investor to explore a multi-suite medical configuration. The location provides convenient access to established south Pinellas neighborhoods including Lakewood Estates, Bay Vista, Pinellas Point, and Lake Vista. Approximately eight blocks north, 54th Avenue South provides direct access to Interstate 275 at Exit 17, connecting the property north toward downtown St. Petersburg and Tampa and south across the Sunshine Skyway into Manatee and Sarasota counties. 1152 62nd Avenue South is positioned among established south St. Petersburg neighborhoods including Lakewood Estates, Bay Vista, Pinellas Point and Lake Vista, providing convenient access to a substantial residential base immediately surrounding the property. The Esri Tapestry map also shows a mix of established household and mature/retirement-oriented segments throughout the broader trade area.
2,528
Building sq ft
$277
Price / sq ft
0.23
Lot acres
1979
Year built
4
Units
1
Building
RRRRRO
Zoning
Office
Property type
The numbers
Investment snapshot
$174,975
Price / unit
4
Units
Estimated payment (illustrative)
Estimated payment
$3,748/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Nicholas to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
17,370
Population
$64,146
Median income
45
Median age
2
Avg household
$299,751
Median home value
$1,280/mo
Median rent
1,896
Households w/ kids
Consumer profile
A population characterized by healthy eating. Often pre-planning for meals for the purpose of fitness and convenience. Likely to participate in meal prep trends.
The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.
Making it to church on Sunday, this population is drawn together by their devotion to, primarily Christian, religion. Common activities include worship services and bible studies.
There's more to student life than academics. It's about the experience - from classes and homecoming, to making lifetime friends and alumni events. These are students at school, taking classes online, or finding other ways to be students in their daily lives.
Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.
Dropping the beat and raising the roof, this population enjoys everything hip hop culture has to offer, including music, dance moves, and fashion.
Recent sales
What actually sold near 1152 62ND AVENUE S
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$692,000
313 18TH AVENUE S
2,588 sqft · $267/sqft · Sold May 1, 2025
$652,000
2200 22ND AVENUE S
2,435 sqft · $268/sqft · Sold Jan 27, 2026
$195,750
927 DR MARTIN LUTHER KING JR STREET S
2,880 sqft · $68/sqft · Sold Oct 3, 2025
Your team
The pros in your corner
Your agent
Nicholas Giaccone
Director of Agent Success · CENTURY 21 Edge
Tours, offers, and every question about 1152 62ND AVENUE S — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 1152 62ND AVENUE S.
See it in person
Schedule a tour
Live availability from Nicholas's calendar — pick a time and it's booked.
Keep looking
Similar properties nearby
Listing courtesy of CENTURY 21 J.W.MORTON R.E. · Elias Kirallah. MLS #OM733297.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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