Commercial Sale · Office
5308 CENTRAL AVENUE, ST PETERSBURG, FL, 33707
Active81 days on marketListed May 20, 2026MLS #TB8510646
About this property
The property at a glance
Positioned on one of Central Avenues most recognized and heavily traveled commercial corridors, 5308 Central Avenue, St. Petersburg presents an exceptional opportunity for investors, owner-users, or developers seeking premier visibility in the heart of the city?s thriving west-central market. This highly visible property benefits from outstanding frontage along Central Avenue, strong daily traffic counts, and immediate access to Interstate 275, connecting it seamlessly to downtown St. Petersburg, Tampa, and the Gulf beaches. Surrounded by established neighborhoods, growing residential density, and a vibrant mix of retail, dining, and professional services. Whether repositioned for retail, office, medical, or mixed-use potential, 5308 Central Avenue stands as a rare chance to secure a strategic asset in one of Tampa Bay?s most dynamic and supply-constrained commercial submarkets.
3,441
Building sq ft
$465
Price / sq ft
0.21
Lot acres
1973
Year built
1
Building
Office
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$8,257/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
24,456
Population
$68,560
Median income
59.8
Median age
1.88
Avg household
$344,600
Median home value
$1,512/mo
Median rent
1,331
Households w/ kids
Recent sales
What actually sold near 5308 CENTRAL AVENUE
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$785,000
6751 1ST AVENUE S
2,850 sqft · $275/sqft · Sold Oct 18, 2024
$737,500
5621 CENTRAL AVENUE
2,804 sqft · $263/sqft · Sold Jul 17, 2026
$675,000
4900 CENTRAL AVENUE
2,585 sqft · $261/sqft · Sold Aug 29, 2025
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 5308 CENTRAL AVENUE — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 5308 CENTRAL AVENUE.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Keep looking
Similar properties nearby
Listing courtesy of CENTURY 21 BEGGINS · Richard Cook. MLS #TB8510646.
IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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