Land - Real Estate in St Petersburg
Listing Price: $899,999
Description of Property
Unlock the potential of this spacious 0.615-acre vacant double lot in the heart of St. Petersburg, FL, perfectly positioned for a high-density residential project. With site plan approval already approved from the city for 74 apartment units, this expansive property offers an unheard of land cost for each unit basis. Zoned CCS-1, and eligible under the Live Local Act, this lot offers unparalleled advantages, including exceptional density, increased height allowances, generous Floor Area Ratio (FAR), streamlined administrative approvals, special property tax treatments, etc. Strategically located just 10 minutes from pristine beaches and vibrant downtown St. Petersburg, this site offers unmatched accessibility. Residents will enjoy direct access to all forms of public transit, including a nearby SunRunner station, ensuring seamless connectivity. The property sits across the street from the newly announced $100M+ Whitney Village mixed-use development, positioning it at the epicenter of St. Petersburg’s booming growth corridor. All critical due diligence is in place, including a survey, approved site plan, clean Phase I environmental report, and geotechnical report, minimizing risk and accelerating your timeline. The seller is flexible, open to an outright sale or a joint venture (JV) partnership to bring this transformative project to life. Don’t miss this extraordinary opportunity to develop a landmark residential project on this large, prime lot in one of Florida’s most sought-after markets. Buyer to verify all information with the City of St. Petersburg.
Property Details At A Glance
Property Type: Land
City: St Petersburg
County: Pinellas
Subdivision: West Central Ave Resub
Annual Tax: $3,607
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Sewer: Public Sewer
Water Source: Public
Lot Information
Lot Features: City Lot
Lot Size (acres): 0.65
Lot Size (sq. ft.): 28,500 square feet
Lot Dimensions: 114 x 250
Road Frontage: City Street
Current Adjacent Use: Commercial
Additional Parcels: Yes
Additional Parcels Description: 22-31-16-96228-001-0090
Legal Description & Other Information
Parcel Number: 223116962280010070
Zoning: CCS-1
Tax Legal Desc.: WEST CENTRAL AVE RESUB BLK 1, LOTS 7, 8 AND W 14 FT OF LOT 6
WEST CENTRAL AVE RESUB BLK 1, LOTS 9 & 10 AND W 14FT OF LOT 11
Section: 22
Range: 16
Listing courtesy of DALTON WADE INC. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.