Residential Property - Single Family Residence in St Petersburg
Listing Price: $335,000
Description of Property
Calling all developers or investors looking for a lucrative covered land opportuntiy priced at pre-zoning change values. This 3-bedroom, 2-bathroom home with a detached garage is located within a designated Activity Center just a quarter mile from the SunRunner rapid transit line, directly in the path of a significant pending zoning change that could allow buildings up to 87 feet tall and over 25,000 square feet, with no minimum density or parking requirements. Developers and investors: this is a classic covered land play, collect rental income on the existing home while positioning for a mid-rise or mixed-use development as the surrounding corridor transforms into the walkable, mixed-use district it's being rezoned to become. The detached garage offers strong conversion potential into a 1-bedroom, 1-bathroom rental unit as well, adding income to your investment. For the homeowner or flipper, this is a solid residence in a neighborhood on the verge of a major shift, live here, rent it, or hold it. Priced before the market catches up.
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: $4,838
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
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.
