800 Pasadena Ave S

Highly visible mixed-use property, available for the first time since 1979, presenting a rare opportunity to acquire this highly desirable parcel located at a prime corner at the gateway to beautiful South Pasadena. This property includes a single-family house that was built in 1962, and two attached commercial retail or office spaces built in 1951, making it ideal for investment, owner occupation, adaptive reuse, or redevelopment.
The recently renovated single-family house features 2 spacious bedrooms, 2 full baths, approx. 1,300 square feet of living space and a generous living room; making it well-suited for conversion to commercial uses such as a professional office or medical practice. Updates featured in this home include a new kitchen, updated bathrooms, new hurricane impact windows, new backyard pavers, newly painted exterior & interior paint, new vinyl flooring throughout (with the original Terrazzo underneath), and a new roof in 2023.
The commercial units feature a mansard roof with ample room for signage, and a prominent pylon sign stands at the corner of the parcel, maximizing visibility. The parking lot is configured to accommodate 10 parking spaces. Currently, the house and one commercial unit are vacant, and the lease for the other commercial unit is set to expire in September 2025, providing an opportunity to occupy the entire space, or bring rents up to market rate. Located at the intersection of Pasadena Ave S and Park St, the property benefits from high traffic counts of 34,000 and 42,500 (AADT), according to the Florida Department of Transportation. Boasting an 85 WalkScore, the location is suburban but is also well-served by public transportation, including the new SunRunner premium bus rapid transit (BRT) service between downtown St. Petersburg and St. Pete Beach, with a station within a quarter mile. Additional nearby transit options include the Central Avenue Trolley and bus routes 14, 79, and 90. The Fred Marquis Pinellas Trail, popular for walking and cycling, is just a few blocks away. Both Tampa International and St. Pete-Clearwater International Airports are within a 30-minute drive, and access to I-275 is just 11 minutes away. Don't miss this exceptional opportunity to own a mixed-use property in a prime location.
UPDATE: In September 2024, this property did experience minor to moderate flooding during the historic Hurricane Helene. Remediation of the property is in progress and expected to be completed in December 2024. Both of the central HVAC systems at the property have been replaced since the storm, each with new 2.5 ton units.