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10625 1st St
For Sale $2,795,000 ($279.50 per Sq Ft)
$2,795,000 ($279.50 per Sq Ft)
- 10 Units
- 10,000 Sq Ft
- 13,329 Sq Ft
- Unknown Cap Rate
Description
CHANGE OF PLANS brings a highly unusual and unique 10,000+ sq. ft, Treasure Island property back to the market. Consisting of 8 various sized, fully leased, entrepreneur-type office units situated on the second floor generating $4,476.00 monthly with a vacant ground floor consisting of approx.. 900 sq. ft of finished space (currently for rent) on north end and with the remaining 4,100 sq. ft. of first floor strategically laid out for a professional medical facility (ie: doctor, dentist, veterinary) type operation but the C-2 zoning allows for a plethora of additional operations including but not limited to retail, office (ie: insurance or real estate) and restaurants. The metal studs are in place defining a possible layout which can be altered. Lines for both sewer and water (new from the street in) are installed with cast iron removed and replaced. Various electric upgraded and the very durable “DensGlass” sheathing (siding) installed on entire west side of building plus brand new hurricane resistant doors and windows. There are a total of 29 parking spaces with front and rear alley access on a lot measuring 99’ x 134’. Brand new roof installed 1/10/25 with transferrable warranty. New HVAC scheduled to be installed on second floor. Seller will consider leasing the raw space at terms and conditions to be negotiated. Drive-by only please.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $2,795,000 |
| Property Type | Flex Space |
| Usable Sqft | 10,000 |
| Number of Stories | 2 stories |
| Parking Spots | 0 spots |
| Year Built | 1959 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 233115918180110010 |
| MLS # | TB8339375 |
| Property ID | 321202938 |
| Lot Sqft | 13,329 |
| Zoning | COMM |
| Total Units | 10 |
| Days on Market | 332 |
| Original List Price | $3,600,000 |
| Date Updated | December 18, 2025 |
| Date Created | January 20, 2025 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Skip Cole, Jr an agent of CENTURY 21 JIM WHITE & ASSOC.
© 2025 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of December 18, 2025 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.
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Robert Crawford
REAL ESTATE AGENT