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3200 Tyrone Boulevard North

Eric Levitt Purchases Industrial Asset From Jerry Doorn In St. Petersburg For $7.2M
SOLDIndustrial

Eric Levitt Purchases Industrial Asset From Jerry Doorn In St. Petersburg For $7.2M

3200 Tyrone Boulevard North

$7,200,000

$105/SF

Building Size

68,400 SF

Asset Type

Industrial

Closing

Mar 27, 2026

AI

The property asset involved in this transaction is located at 3200 Tyrone Boulevard North in St. Petersburg. The industrial asset encompasses a total of 68,400 square feet and was sold for $7,200,000, which translates to a price per square foot of $105.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $7,200,000
  • Address: 3200 Tyrone Boulevard North
  • Market: St. Petersburg
  • Square Footage: 68,400
  • Price per Square Foot: $105
  • Buyer: Eric Levitt
  • Seller: Jerry Doorn
  • Broker: Nick Watson - Matthews

The key individuals involved in this deal include Eric Levitt as the buyer, and Jerry Doorn as the seller. The transaction was facilitated by Nick Watson from Matthews, who represented the seller in the closing of this industrial property transaction.

Players

Nick Watson

Matthews

Broker

$149.4M

vol

20 deals

Broker

Saint Petersburg Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.20%

Cash-on-Cash

-0.63%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93