Investor’s Dream: Prime Development Opportunity in St. Petersburg! Calling all visionary investors, seasoned developers, and townhome enthusiasts! This exceptional offering presents a golden chance to shape the city’s landscape with a VARIETY of possibilities. Zoned CCS-1, these TWO lots, totaling .917 acres, await your creative touch. Situated within the vibrant heart of St. Petersburg, these parcels boast a strategic location that perfectly marries convenience with lifestyle. Picture this: a remarkable 14-unit townhome haven envisioned by ARO Engineering, showcasing a carefully crafted 23×45 sqft footprint. With two thoughtfully designed floors, encompassing approximately 2,070 sqft of luxurious living space, these residences are poised to redefine urban elegance. As an added touch, each unit’s architecture anticipates a ground-floor garage, elevating both convenience and functionality. While the ARO Engineering concept is a stunning starting point, it’s essential to note that the design is yet to embark on its formal approval journey, allowing ample room for your personal modifications and enhancements. Beyond the borders of this promising development, a world of convenience awaits. Discover the ease of access to Tampa International Airport, I-275, and the iconic Gandy Bridge, providing seamless connectivity to neighboring regions. The allure of St. Petersburg’s downtown core and pristine beaches is merely moments away, inviting a lifestyle that harmonizes work, play, and relaxation. Don’t let this exceptional opportunity slip through your fingers. Dive into the heart of St. Petersburg’s burgeoning growth story and contribute to its dynamic transformation. Please review the provided attachments for comprehensive details on both lots. While all information contained herein is believed to be accurate, verification by the purchaser is advised to ensure confidence in your investment. Experience the thrill of crafting a new chapter in St. Petersburg’s evolution – your masterpiece awaits!
Property Details
Price:
$1,500,000
MLS #:
T3399822
Status:
Active
Beds:
0
Baths:
0
Address:
DR MARTIN LUTHER KING JR STREET N
Type:
Land
Subdivision:
PENELOPE
City:
ST PETERSBURG
Listed Date:
Sep 13, 2022
State:
FL
ZIP:
33702
Lot Size:
27,878 sqft / 0.64 acres (approx)
Schools
Interior
Exterior
Financial
Buyer Agent Compensation
3%-$450%
Tax Year
2021
Taxes
$299
Map
Community
- AddressDR MARTIN LUTHER KING JR STREET N ST PETERSBURG FL
- CityST PETERSBURG
- CountyPinellas
- Zip Code33702
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Courtesy of TOMLIN, ST CYR & ASSOCIATES LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Stellar MLS. All rights reserved.
DR MARTIN LUTHER KING JR STREET N
ST PETERSBURG, FL
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