Commercial property in Saint Petersburg, Florida 221.11 sq.m. № 1910510

Property description

Adjoining 3-parcel assemblage totaling ±0.851 acres in the Lealman CRA. Includes 3290 70th Ave N (1,770 sq/ft home w/ updated baths, 2, almost 1500 sq/ft garage/workshop & air conditioned studio/office), 3270 70th Ave N (approx. 920 sq/ft 1/1 home w/ 2-car garage & entertainment area), and companion lot which is 0.171 acres. Rare near full acre site in active reinvestment corridor near US-19 & Pinellas Park Transit Center. Subject to Lealman Form-Based Code (verify district). Currently zoned R4. Neighboring lot on the street recently was upzoned to Residential Urban which sets the precedence for potential upzoning of subject property that would allow 12-13 units. Each lot is also eligible for ADUs. Possible Lealman CRA grant programs available. Perfect for phased income (existing homes + ADUs) or redevelopment into missing-middle housing. Estimated As-Is Value $1.1M. Redevelopment land value $1M–$1.3M depending on entitlement.