Active

3580 66TH AVE N

PINELLAS PARK FL, 33781

$2,325,000


$659.01 per sqft

Active

3,528 sqft

Commercial

Built in 1967

The property at 3580 66th Ave N, Pinellas Park, FL 33781 offers a versatile and rare opportunity for both owner-users and investors to capitalize on the growing demand for flex space in the highly desirable Pinellas Park market. With a total building size of 10,238 square feet and 8,516 square feet under air, this asset provides 27 separate units, all currently leased on month-to-month terms. This gives a future owner or investor tremendous flexibility to either occupy space for their own business or restructure leases for higher long-term returns.

The flexible leasing structure offers a unique opportunity for an owner-user to occupy part of the space while continuing to benefit from rental income generated by the remaining tenants. This flexibility makes the property ideal for businesses looking to expand or relocate in a central, growing market.

Currently, Ken's High Tech Auto & Marine occupies five of the commercial bays and will vacate upon sale, leaving behind existing lifts and equipment. This feature allows a new owner to either occupy the space or lease it to another automotive business seeking a turnkey setup.

Alternatively, for investors, the 27 fully-leased units provide immediate cash flow with significant upside potential. The short-term leases allow a new owner to increase rents and lock in higher returns as demand for flex and industrial spaces in Pinellas Park continues to grow. This is a value-add investment with the potential to benefit from the city's robust economic development and limited supply of industrial properties.


Pinellas Park is one of the fastest-growing areas in Pinellas County, with increasing demand for flex space driven by contractors, automotive businesses, and small manufacturers. The city offers excellent infrastructure and access to major transportation routes, making it a prime location for businesses looking for centrally located operational space. As one of Pinellas County's fastest-growing areas, Pinellas Park has high demand for industrial and flex spaces. It is well-connected, with major routes facilitating regional business, making it a hub for automotive, contractor, and small manufacturing enterprises. The property's strategic location in this undersupplied market adds substantial value for any buyer. The market is undersupplied, and new industrial developments are scarce, which adds significant value to the flex, outdoor storage, industrial, automotive, and warehouse uses at 3580 66th Ave N.

Zoning:

The property at 3580 66th Ave N, Pinellas Park, FL 33781 is zoned for Commercial use under Pinellas County's zoning code, specifically allowing for light manufacturing, automotive services, and other business operations in smaller-scale industrial environments.


Allowed Uses:

1. Automotive Repair and Services
2. Light Manufacturing
3. Warehousing/Storage
4. Contractor Businesses
5. Printing Plants
6. Retail Trade
7. Office Spaces

This property is a versatile asset with unlimited possibilities. Whether you're an owner-user looking to occupy space or an investor seeking to capitalize on the rising demand for flex space in Pinellas Park, 3580 66th Ave N offers an ideal opportunity to grow with the market. With its fully leased units, flexible lease structures, and prime location, this property is poised for long-term value and income growth.

All reasonable terms and offers considered.

O6252922

MLS ID

October 28, 2024

Listed

October 29, 2024

Updated

Map

3580 66TH AVE N
PINELLAS PARK FL, 33781

Interior Features

Total Stories

1


Fireplace

No


Cooling

Yes


Cooling Description

Office Only, Wall/Window Unit(s)


Heating

No

Exterior/Building Features

Lot Size

0.47 Acres

Other Property Details

Area Name

33781 - Pinellas Park


Taxes

$8,202


Tax Frequency

Annually


Association Fee Frequency

Monthly


Garage

No


View

No


County

Pinellas


Municipality

30


Pool

No


Zoning

COMM

Listed by COMPASS FLORIDA LLC
Listing Contact: 321-384-5524 

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of Stellar MLS. Information provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Judy Horvath participates in the Stellar MLS Internet Data Exchange (IDX) program, allowing display of other Stellar MLS broker's listings on this site. However, may not include all listings currently available. Information is deemed reliable but not guaranteed. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.  Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

©2024 Stellar MLS. All rights reserved. 

Data last updated 10/29/2024, 5:40 AM UTC

Powered byLuxury Presence