Commercial Sale · Office
7024 CENTRAL AVENUE, ST PETERSBURG, FL, 33707
Active63 days on marketListed Jul 28, 2026MLS #TB8531043
About this property
The property at a glance
NOW AVAILABLE! 7024 Central Avenue presents a compelling owner-user and investment opportunity along St. Petersburg’s highly desirable West Central Avenue corridor. This two-story, 4,960-sqft Class B office building combines timeless character with a versatile professional office layout. The second floor is largely occupied by professional office tenants, providing an incoming owner with in-place rental income, with only one upstairs suite currently available. The owner’s company presently occupies much of the first floor and plans to relocate, creating an excellent opportunity for a buyer to occupy nearly the entire first floor while continuing to collect rent from the upstairs tenants. Alternatively, an investor may lease the first-floor offices individually and reposition the property as a fully income-producing, multi-tenant office asset. The building features high ceilings, beautiful wood flooring, abundant natural light, a welcoming lobby, private offices, open workspace areas, a conference room, kitchen/breakroom, restroom facilities, central air conditioning, wheelchair-accessible entry, and rear stair access to the second-floor suites. Parking is a major advantage, with 16 total spaces consisting of 12 onsite spaces and four additional spaces directly behind the building across the alley. The property is conveniently located near Treasure Island Beach, Pasadena, Park Street, Tyrone, established residential neighborhoods, restaurants, shops, and other professional businesses. With existing tenants, near-term first-floor availability, an updated professional buildout, ample parking, and a highly visible Central Avenue location, this property offers multiple possibilities for an owner-user, value-add investor, or buyer seeking a diversified multi-tenant office investment. Showings are available by appointment. Please do not disturb the existing tenants.
5,516
Building sq ft
$272
Price / sq ft
0.18
Lot acres
1922
Year built
1
Building
CCT-1
Zoning
Office
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$8,357/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 Angela 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
1,673
Population
$78,470
Median income
57
Median age
2
Avg household
$346,631
Median home value
$1,487/mo
Median rent
121
Households w/ kids
Consumer profile
Thirst isn't the only reason this population looks for a good brew. From beer drinkers on a budget to the millennial craft beer enthusiast, these men and women are passionate about different kinds of beer and how it's made.
This population swims against the tide of mainstream culture. Common interests include old music, antiques, and alternative diets (i.e., veganism).
These people aren't afraid to nerd out. Common activities include comic books, video games, and often intellectual pursuits.
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.
Meals are a social experience, and these foodies take it to the next level. This population can't wait to snap a pic of their plate and share it before chowing down.
Who says the body isn't a canvas? This population loves talking about tattoos, body art and piercings.
Recent sales
What actually sold near 7024 CENTRAL AVENUE
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$1,400,000
4855 1ST AVENUE N
4,191 sqft · $334/sqft · Sold Apr 30, 2026
$2,400,000
6605 GULF BOULEVARD
4,126 sqft · $582/sqft · Sold Mar 23, 2026
$1,800,000
4021 CENTRAL AVENUE
4,000 sqft · $450/sqft · Sold Mar 8, 2025
Your team
The pros in your corner
Your agent
Angela Rodriguez
REALTOR® · CENTURY 21 Edge
Tours, offers, and every question about 7024 CENTRAL AVENUE — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 7024 CENTRAL AVENUE.
See it in person
Schedule a tour
Live availability from Angela's calendar — pick a time and it's booked.
Keep looking
Similar properties nearby
Listing courtesy of LEVEROCKS REALTY · Zach Lewis. MLS #TB8531043.
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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