Attention Developers and Builders!
This is a rare opportunity to acquire a 1.08 vacant parcel Zoned CRS-1 in prime North St. Pete which allows a variety of uses; including multifamily (up to 15 units per acre), office, and other uses.
The property is located in a highly desirable location close to I-275, the Gandy Bridge, Gateway Mall, Downtown St. Pete, Tampa International Airport, and Clearwater Airport.
The sales and rental markets in this area are strong, making this a great opportunity for developers/builders.
Priced at approx. $44/SF or $130,000 per unit if able to build 15 multifamily units. Bonus – Seller also owns 3 adjacent properties that are negotiable at Sellers option. One of them is a corner office building with Dr MLK Jr frontage also zoned CRS-1.
This is a rare opportunity to acquire a 1.08 vacant parcel Zoned CRS-1 in prime North St. Pete which allows a variety of uses; including multifamily (up to 15 units per acre), office, and other uses.
The property is located in a highly desirable location close to I-275, the Gandy Bridge, Gateway Mall, Downtown St. Pete, Tampa International Airport, and Clearwater Airport.
The sales and rental markets in this area are strong, making this a great opportunity for developers/builders.
Priced at approx. $44/SF or $130,000 per unit if able to build 15 multifamily units. Bonus – Seller also owns 3 adjacent properties that are negotiable at Sellers option. One of them is a corner office building with Dr MLK Jr frontage also zoned CRS-1.
Property Details
Price:
$1,800,000
MLS #:
U8202085
Status:
Active
Beds:
0
Baths:
0
Address:
7200 Block Of DR MARTIN LUTHER KING JR STREET N
Type:
Land
Subdivision:
HOLLYWOOD PARK SUB
Neighborhood:
33702 – St Pete
City:
ST PETERSBURG
Listed Date:
Jul 8, 2023
State:
FL
ZIP:
33702
Lot Size:
46,879 sqft / 1.08 acres (approx)
Schools
Interior
Exterior
Other Structures
Other
Financial
Tax Year
2022
Taxes
$18,600
Map
Community
- Address7200 Block Of DR MARTIN LUTHER KING JR STREET N ST PETERSBURG FL
- SubdivisionHOLLYWOOD PARK SUB
- CityST PETERSBURG
- CountyPinellas
- Zip Code33702
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7200 Block Of DR MARTIN LUTHER KING JR STREET N
ST PETERSBURG, FL
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