Commercial Lease · Retail
840 16TH STREET S, ST PETERSBURG, FL, 33705
Active66 days on marketListed Jun 7, 2026MLS #TB8516605
About this property
The property at a glance
Highly visible commercial space available on busy 16th Street with excellent traffic counts and ample on-site parking. This versatile ±1,600 SF retail/storefront space offers a flexible layout suitable for a wide variety of uses including retail, salon suites, office, fitness, gaming, specialty shops, and more. A unique feature of this property is the availability of two large adjacent vacant lots that can be leased separately or together, creating opportunities for outdoor events, food truck operations, vendor markets, equipment storage, seasonal sales, and other creative business uses. Excellent exposure, easy access, strong signage potential, and abundant parking make this an ideal location for businesses seeking visibility and flexibility in a growing St. Petersburg market.
1,642
Building sq ft
$20
Price / sq ft
0.39
Lot acres
1925
Year built
1
Building
Retail
Property type
The numbers
Investment snapshot
Gross
Lease structure
3 to 5 Years
Lease term
Estimated payment (illustrative)
Estimated payment
$656/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
27,024
Population
$70,783
Median income
44
Median age
2.27
Avg household
$321,500
Median home value
$1,457/mo
Median rent
2,157
Households w/ kids
Recent sales
What actually sold near 840 16TH STREET S
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$41,000
2452 CENTRAL AVENUE
1,640 sqft · $25/sqft · Sold Jan 21, 2025
$13,104
5211 GULFPORT BOULEVARD S
1,700 sqft · $8/sqft · Sold Mar 12, 2026
$217,375
922 DR MARTIN LUTHER KING JR STREET S
1,784 sqft · $122/sqft · Sold Oct 3, 2025
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 840 16TH STREET S — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 840 16TH STREET S.
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 KOONS REAL ESTATE INC · Kalib Koons. MLS #TB8516605.
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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