Commercial property in Saint Petersburg, Florida 254.55 sq.m. № 1780544

Property description

Prime Development Opportunity Located in the heart of the highly sought-after Magnolia Heights neighborhood, this oversized lot is zoned and ready for development, offering a rare and valuable opportunity for developers and investors. The property currently features 9 studio-style homes and multiple storage sheds, providing immediate rental income while you finalize your vision. This expansive parcel presents the perfect canvas for building luxury single-family homes or modern townhomes in one of St. Petersburg’s most desirable areas. With easy access to major roads, you're just minutes from Downtown St. Pete, the 4th Street corridor, shopping, dining, and world-famous Gulf beaches. Don’t miss this exceptional opportunity to capitalize on location, scale, and potential — properties like this are hard to find!