Residential Property - Single Family Residence in St Petersburg
Listing Price: $335,000
Description of Property
HUGE PRICE DROP! There has not been a better time to buy in St Pete in the past 5 years! Come check it out before prices tick back up in 2026. Prime redevelopment opportunity in the path of progress along the Central Ave Corridor where the land value will continue to appretiate quickly. Located in the CRT-1 Central Activity Center zoning district, this property supports mixed-use, townhomes, apartments, office, or live/work configurations and allows up to 7 units with building heights up to 72 feet. The existing 3-bedroom, 2-bath home is clean, rentable, and previously leased for $2,500/month—ideal for a developer or homeowner who wants to live in or generate income while planning a future project. The site also offers a strong value-add option: keep the existing home and build multiple ADUs or additional units toward the rear of the property, maximizing density and rental income while preserving immediate cash flow. Privately plan-reviewed and stamped architectural plans for a modern townhouse duplex with ADUs are available separately, providing a head start for those ready to build. This property is perfect for anyone seeking a rental or starter home today with exceptional long-term development upside in one of St. Pete’s fastest-growing corridors.
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: St Petersburg
County: Pinellas
Subdivision: Central Park Rev
Bedrooms: 3
Bathrooms: 1
Half Baths: 1
Sq. Ft. Gross: 1,312
Sq. Ft. Living Area: 952
Cost per (heated) sqare foot: $352
Year built: 1939
Annual Tax: $4,363
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Appliances: Refrigerator
Flooring: Hardwood
Pool & Waterfront Info
Private Pool: Not specified
Exterior & Construction
Construction: Wood Frame
Foundation: Crawlspace
Roof: Shingle
Exterior Features: Storage
Garage: Yes
Garage Spaces: 1
Parking Features: On Street
Floors Total: 1
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Electric
Electric:
Patio & Porch Features:
Security Features:
Other Structures:
View:
Fencing: Wood
Sewer: Public Sewer
Water Source: Public
Lot Information
Lot Size (acres): 0.11
Lot Size (sq. ft.): 5,001 square feet
Lot Dimensions: 50 x 100
Front Exposure: North
Legal Description & Other Information
Financing Available: Conventional
Parcel Number: 213116145620080070
Tax Legal Desc.: CENTRAL PARK REV BLK 8, LOT 7
Section: 21
Range: 16
Listing courtesy of EXP REALTY LLC. 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.
