100 Main St N - Apartments FOR SALE


Saint Petersburg, FL 33716- Carillon
$8,500,000 USD
813-223-6300
100 Main St N, Saint Petersburg, FL for Sale
$8,500,000 USD
Apartments - FOR SALE
1/22
null | 5.49% Cap Rate

100 Main St N
Saint Petersburg, FL 33716
Carillon


HIGHLIGHTS

  • Brand-new construction (2021) with high-quality finishes
  • 100% leased to five internet-resistant tenants
  • Shadow-anchored by Publix, Florida’s #1 grocer (48% market share)
  • Located within Carillon Park, walkable to 3.5M SF of Class A office
  • Exceptional access to Ulmerton Road, Roosevelt Blvd, and I-275
  • Zero vacancy in the center; competitive submarket occupancy of 91.4%

OVERVIEW

Asking Price: $8,500,000 In-Place NOI: $476,163 Cap Rate: 5.49% All tenants operate under NNN leases, with Publix Liquors on a 5-year term plus options The property benefits from stable long-term cash flow with staggered lease expirations extending through 2034 Located in a high-barrier-to-entry submarket with limited new retail supply Ideal for investors seeking: Passive income Strong credit tenancy New construction High-growth Florida markets Part of a recorded declaration governing the mixed-use tower Property taxes estimated at $80,000–$100,000 annually based on projected sale price

FOR SALE DETAILS

PRICE

$8,500,000 USD

PRICE/SF

$21 USD /SF

# OF UNITS

226

PRICE/UNIT

$37,611

CAP RATE

5.49%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Waterview Echelon City Center

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Hi-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

15

YEAR BUILT

2021

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.85 AC

LAND SF

37,026 SF

ZONING

RC-2

APN/PARCEL ID

12-30-16-13183-000-0012

ASK ABOUT THIS PROPERTY

Jason DonaldFranklin StreetMore Info
813-223-6300

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Jason DonaldFranklin StreetMore Info
813-223-6300

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.