Listing Details for MLS # TB8448852
17 29th Street N, St Petersburg, Fl 33713

Residential Property - Townhouse in St Petersburg

Listing Price: $935,000Days on Market: 16

Description of Property

Introducing a first-of-its-kind, fee-simple mixed-use town home on Central Avenue, an extraordinary opportunity that cannot be replicated. Completed in late 2024, this 2,833-square-foot (2,457 heated) modern build offers luxury residential living above a premier commercial space with an excellent tenant in place, providing immediate income and long-term upside. The upper floors feature two bedrooms, 2.5 baths, tall ceilings, all-impact windows and no carpet anywhere, showcasing upgraded finishes and quartz surfaces throughout. A dedicated laundry room, attached one-car garage, and X-elevation (no flood zone) make this residence effortless and exceptionally desirable. The commercial space offers aluminum-reinforced storefront glass, its own private bath and strong visibility, an ideal configuration for boutique retail, creative office or service-based use. Fee-simple ownership means no HOA and full control of the residential and commercial components. Positioned in a sought-after, rapidly emerging area, Kenwood, this property sits near St. Pete’s best dining, coffee shops, breweries, and the Grand Central and Edge District amenities. Surrounded by continuing development and commercial growth, this location offers significant future potential. This is a rare mixed-use asset blending luxury living, prime commercial positioning, modern construction and income-producing stability, all in one exceptional offering.The average asking price for a 2 bedroom/2 bath townhouse in this Zip code is $388,372. This townhouse is listed at about 241% of the average asking price. This is the only 2 bedroom/2 bath townhouse between $800,000 and $1,200,000 currently listed for sale in this Zip code.