This property is an Entrepeneur's dream. This well-maintained 5,190 SF building has a large open floor plan ideal for retail or office use. The second floor consists of residential space with 4 four bedrooms, 1 full bathroom and a half bath, a large living room, and a full kitchen (currently tenant-occupied). Property conveys a total of 3 lots (.40 Acres). Zoning allows developers to build up to 4 floors that could provide water views of the bay. Perfect property for an investor/developer to renovate or build a new multi-family development. Featuring a newer TPO roof , fenced outside storage, walking distance to St. Petersburg nightlife, arts, restaurants and popular shops along Central Avenue and Beach Drive. Easy access to the interstate and a 40 minute drive to Tampa International Airport. With St. Petersburg redevelopment pushing southward and incentives for investors/developers to construct affordable housing this property has massive investment added value upside! Call to schedule your personal showing now.
The median home value in Saint Petersburg, FL is $346,900. This is lower than the county median home value of $380,200. The national median home value is $338,100. The average price of homes sold in Saint Petersburg, FL is $346,900. Approximately 50.69% of Saint Petersburg homes are owned, compared to 30.21% rented, while 19.1% are vacant. Saint Petersburg real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Saint Petersburg real estate agent to arrange a tour today!
Saint Petersburg 33705 is more family-centric than the surrounding county with 23.26% of the households containing married families with children. The county average for households married with children is 21.33%.