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Improved Property

Playhouse Portfolio - An Entire City Block!

1850 Central Avenue, St. Petersburg, Florida 33712

Sold: $2,700,000
$127.08 / SF
Updated Sep 30, 2026
Categories Retail Miscellaneous

About this property

Own a prime piece of St. Petersburg real estate and history! The Playhouse Portfolio consists of 2 buildings on 4 parcels located at the center of two thriving St. Pete communities -- the Grand Central District and the Warehouse Arts District.

Previously listed at $4M, now is the time to take advantage of this remarkable
opportunity!

PORTFOLIO INCLUDES:

1850 Central Avenue

  • Former Playhouse Theatre; Currently vacant with infinite potential for future use
  • 14,610 SF
  • New roof and abatement

1833 1st Avenue South

  • Renovated two-story former night club venue
  • 6,636 SF
  • Income-producing potential

Billboards

  • High visibility from I-275 in both directions
  • 121,500 cars daily
  • Income-producing lease in place

Two Vacant Commercial Lots (adjacent parcels west of buildings)

  • Currently used for parking

Special event parking permit for Tropicana Field

Use the CA link to complete the Confidentiality Agreement and receive additional information.

Click here for a virtual tour.

Property details

Property Type
Improved property
Building Type
Freestanding
Building Size
21,246 sqft
Land Size
24,000 sqft
Zoning
CCT-2

Documents 1 file

Playhouse-Flyer-06-2020.pdf 619 KB

Last updated: Sep 30, 2026

Location

Address
1850 Central Avenue
St. Petersburg, Florida 33712
Cross street
1833 1st Avenue S.
The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.