Land - Real Estate in St Petersburg
Listing Price: $455,000
Description of Property
**Opportunity Zone**Presenting an unparalleled prospect to acquire a prime, buildable lot situated in the highly sought-after Palmetto Park neighborhood. This unique property already has a meticulously maintained 1 bed 1 bath bungalow situated on the far northern end of the lot . Some of the upgrades in the bungalow include new appliances, a new roof, and new flooring. The vacant southern portion of the lot offers the ability for a new construction home to be built. When the new residence has been built the existing bungalow will then be earmarked as an Accessory Dwelling Unit (ADU). This versatile arrangement allows for you to reside in the charming bungalow during construction of the new home or it can be utilized as a lucrative rental property for passive income. Located within walking distance of the vibrant Grand Central district! This location is ideal for those who appreciate convenient access to local shops, restaurants, nightlife, and special events. Moreover, its proximity to Downtown St. Petersburg and seamless highway connectivity facilitates swift access to airports, Tampa, and St. Pete Beach. Capitalizing on the rare opportunity to acquire a historic home while concurrently developing a new residence on the same expansive lot, this property stands as a testament to the fusion of tradition and modernity.
Property Details At A Glance
Property Type: Land
City: St Petersburg
County: Pinellas
Subdivision: Palmetto Park
Annual Tax: $1,906
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Accessibility Features:
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Waterfront Info
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Water Access: Not specified
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Exterior & Construction
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- Electricity Available
- Public
- Sewer Connected
- Street Lights
- Water Connected
Sewer: Public Sewer
Water Source: Public
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Lot Information
Lot Features:
- Buildable
- Cleared
- Level
Lot Size (acres): 0.15
Lot Size (sq. ft.): 6,355 square feet
Lot Dimensions: 125 x 50
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Legal Description & Other Information
Financing Available: Cash, Conventional
Parcel Number: 233116658620040090
Tax Legal Desc.: PALMETTO PARK BLK 4, LOT 9
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.