Address
Dr Martin Luther King Jr STREET N, ST PETERSBURG, FL
Price
$ 1,500,000
Property Attributes
  • MLS#T3399822
  • TypeLand
  • CountyPINELLAS
  • CityST PETERSBURG
  • AreaSt Pete
  • NeighborhoodPenelope
  • Zip33702
  • Style
  • Taxes$ 299
  • Price$ 1,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.64 Acres
Data Source:
Stellar MLS
Property Description

Investor's Dream: Prime Development Opportunity in St. Petersburg! Calling all visionary investors, seasoned developers, and townhome enthusiasts! This exceptional offering presents a golden chance to shape the city's landscape with a VARIETY of possibilities. Zoned CCS-1, these TWO lots, totaling .917 acres, await your creative touch. Situated within the vibrant heart of St. Petersburg, these parcels boast a strategic location that perfectly marries convenience with lifestyle. Picture this: a remarkable 14-unit townhome haven envisioned by ARO Engineering, showcasing a carefully crafted 23x45 sqft footprint. With two thoughtfully designed floors, encompassing approximately 2,070 sqft of luxurious living space, these residences are poised to redefine urban elegance. As an added touch, each unit's architecture anticipates a ground-floor garage, elevating both convenience and functionality. While the ARO Engineering concept is a stunning starting point, it's essential to note that the design is yet to embark on its formal approval journey, allowing ample room for your personal modifications and enhancements. Beyond the borders of this promising development, a world of convenience awaits. Discover the ease of access to Tampa International Airport, I-275, and the iconic Gandy Bridge, providing seamless connectivity to neighboring regions. The allure of St. Petersburg's downtown core and pristine beaches is merely moments away, inviting a lifestyle that harmonizes work, play, and relaxation. Don't let this exceptional opportunity slip through your fingers. Dive into the heart of St. Petersburg's burgeoning growth story and contribute to its dynamic transformation. Please review the provided attachments for comprehensive details on both lots. While all information contained herein is believed to be accurate, verification by the purchaser is advised to ensure confidence in your investment. Experience the thrill of crafting a new chapter in St. Petersburg's evolution – your masterpiece awaits!

Price History
9/13/2022 Listed $1,500,000
4/20/2023 4% - $1,450,000

General Features

Sewer Public Sewer
Utilities Electrical Nearby,Sewer Nearby,Water Nearby
Zoning CCS-1
Tax Year 2021
Current Use Commercial
Percent Ownership Fee Simple
County Pinellas
Property Type Land
Subdivision Name PENELOPE
Status Active
Directions US-92 W/W Gandy Blvd to Gandy Selmon Expy/Florida 618 Toll ramp Continue onto FL-618 Toll W/Selmon Expressway Merge onto US-92 W/W Gandy Blvd Continue on San Martin Blvd NE to St. Petersburg Continue
City ST PETERSBURG
Buyer Agent Compensation 3%-$450
MLS Area 33702 - St Pete
Lot Size Square Feet 27878
Waterfront Y/N No
Street Name Dr Martin Luther King Jr
Listing Terms Cash,Conventional
Tax Annual Amount 299.3
Public Remarks Investor's Dream: Prime Development Opportunity in St. Petersburg! Calling all visionary investors,seasoned developers,and townhome enthusiasts! This exceptional offering presents a golden chance to
Virtual Tour https://www.propertypanorama.com/instaview/stellar/T3399822
Days on Market 493
Standard Status Active
Tax Lot 1
Legal Description PENELOPE PLAT LOT 1 and LILA THOMAS PLAT
Water Access Y/N No
Water View Y/N No

Interior Features

Street Suffix STREET
Living Area Units Square Feet

Exterior Features

Water Source None
Lot Size Area 27878
Lot Dimensions 246' x 112'
Lot Size Acres 0.64
Road Surface Type Asphalt,Paved
Lot Size Units Square Feet

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 33702

Price
AVG $1.07M
$1.5M
Taxes
AVG $6,378
$299
Visits
AVG 637
1527
Data Provided by Inside Real Estate®
Walkscore
AVG 56
55
Data Provided by Walkscore® not using MLS data

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