Commercial property in Saint Petersburg, Florida 5 bedrooms, 192.77 sq.m. № 1651771
33

ID1651771
$ 700 000
- EUR €
- USD $
- RUB ₽
- GBP £
Property description
BIG PRICE DROP! NEW ROOF INSTALLED BEFORE CLOSING! GOOD FOR 30 DAYS ONLY! Currently a cash flowing duplex with tenants in place with incredible future land development potential! A true triple lot (150x110) that is zoned CCS-1, which allows for 15 units/acre for a highest and best use redevelopment of 3 luxury single family homes or 6 townhomes. The CCS-1 zoning code promotes a 36 ft building height, a Floor Area Ratio of 0.55, and impervious coverage ratio of 0.85, and 20 foot interior setbacks. Based on this analysis, the redevelopment would be for 3 single family homes measuring around 3,000 SqFt or 6 townhomes measuring around 2,000 SqFt. Resale value for the townhomes would be around $700,000 per townhome or $1,000,000 per single family home. The property currently has two single family residences that are being rented. his offering is for the land only. Permits and plans are not available. Renderings are artistic representation only. Verify all zoning information with the City of St Pete. Don’t delay, call today and take advantage of one of the last remaining oversized land values in St Pete!MLS #: TB8376538
Contact the seller
CitySaint Petersburg
Address3434 6TH AVENUE N
TypeCommercial property
Bedrooms5
Living space192.77 m²
- m²
- sq. ft
Completion dateIV quarter, 1940
Parking places1
Price
- Price
- per m²
$ 700 000
- EUR €
- USD $
- RUB ₽
- GBP £
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