4900 CENTRAL AVENUE, St. Petersburg, FL, 33707 | $1,300,000

Exceptional Corner Lot Opportunity on Central Ave & 49th Street – Prime for Redevelopment or Luxurious Professional Use

Positioned at one of the most sought-after intersections in the area, this distinguished commercial property offers unparalleled visibility with 50 feet of prime frontage on Central Avenue and an impressive 110 feet on 49th Street. Boasting 13 dedicated, easy-access parking spaces and multiple points of entry, this expansive parcel presents a rare opportunity for visionary investors or developers.

Currently featuring a sophisticated professional office space, the building welcomes clients through a secured entrance into a grand, multi-station reception and waiting area. Just beyond, a sprawling executive boardroom—approximately 25’ x 15’—provides the perfect setting for high-level meetings, training sessions, or collaborative gatherings.

Throughout the property, you’ll find multiple spacious support offices and two oversized principal suites, complete with a private conference room adaptable to additional office space or custom configurations. A thoughtfully placed breakroom with a kitchenette ensures convenience and efficiency for teams of any size, while multiple restrooms offer comfort and accessibility.

A finished upper-level storage area accommodates files, equipment, or additional workspace, and the building’s layout—with several exterior entrances—provides incredible flexibility for a variety of uses. The property has been meticulously maintained with significant upgrades, including a newer roof and HVAC systems.

Ideal for continued use as a professional or medical office, legal practice, wellness or rehabilitation center, educational facility, or boutique retail. Alternatively, this generous corner lot presents an extraordinary opportunity for redevelopment—imagine a bespoke mixed-use complex or an upscale residential enclave (subject to zoning approval).

Don’t miss this chance to secure a prominent footprint in a high-visibility, high-traffic location with endless potential for growth and transformation.

Features

  • Property Type: Office
  • Construction: Block, Stucco
  • Cooling: Central Air
  • Year Built: 1925
  • Approx Sq. Feet: 2,585
  • Acreage: 0.25
  • Est. Taxes: $7,640
  • MLS#: TB8364692
  • Days on Market: 3 days
  • Website: https://www.raveis.com
    /prop/TB8364692/4900centralavenue_stpetersburg_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is 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. (last updated 3/27/2025 8:47:09 AM)
Listing courtesy of KELLER WILLIAMS ST PETE REALTY   Phone: 727-894-1600

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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4900 CENTRAL AVENUE, St. Petersburg, FL, 33707

$1,300,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,040,000 $1,040,000 $1,040,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.375% 6.500% 6.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.945% 6.610% 6.555%
Monthly Tax Payment $637 $637 $637
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,488 $6,574 $8,988
Total Monthly Payment $7,250 $7,336 $9,750

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.