Listing Details for MLS # TB8454472
1000 61st Avenue N, St Petersburg, Fl 33703

Residential Property - Single Family Residence in St Petersburg

Listing Price: $489,000Days on Market: 4

Description of Property

ATTENTION INVESTORS, DEVELOPERS AND BUILDERS! Prime Corner Multiple Lot Opportunity in a Desirable Location! Easily can be split into 2 lots but possibly 3 lots due to it being on the corner. Encompassing nearly half an acre, ideally suited for fixer-upper investors, builders, and developers. Nestled on a coveted corner parcel, this property presents a unique chance for those looking to maximize their investment with the possibility of splitting into two or more lots. The existing structure is a block home measured close to 2000 sqft of heated sqft close to 3000 sqft total under roof. The electric panels appears to be a newer 200 amp electrical panel, metal roof, drain lines appear to be pvc, a deep oversized 4 car garage (740 sqft), working HVAC, majority of the house has vinyl windows, 3 bedrooms, 2.5 bathrooms, a bonus workshop room, a loft overlooking the living and kitchen areas with high vaulted vaulted ceilings in these common areas. The 4 car garage could easily be converted completely or partially to maximize more interior space while still keeping part of it as a normal 2 car garage. Property sits on the edge of AE/X zone working a few blocks of Northeast high school and Meadow lawn in a highly sought after area. - **Size:** Almost half an acre of land, providing ample space for new construction or renovation. - **Flexibility:** The corner location allows for easy subdivision into multiple lots, increasing potential return on investment. - **Existing Structure:** A single-family home residence awaits your creative vision, perfect for renovation or rebuilding. - **Location:** Close to essential amenities, schools, and parks, enhancing appeal for future buyers or renters. - **Investment Potential:** Ideal for builders looking to capitalize on the growing demand for residential properties in the area. Seize this rare opportunity to transform this property into a lucrative investment. Don’t miss out on the chance to develop in a thriving community! BRING ALL OFFERS!The average asking price for a 3 bedroom/2 bath single family residence in this Zip code is $585,407. This single family residence is listed at about 84% of the average asking price. There are 22 3 bedroom/2 bath homes between $400,000 and $600,000 currently listed for sale in this Zip code. See other listings like this one »