Photo 1 of 1
$295,000
Sold on 2/19/21
| Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
| 3 |
2.00 |
1,699 |
$4,806 |
1951 |
|
On the market:
296 days
|
View full details, photos, school info, and price history
PENNY FOR PINELLAS INCENTIVE WORKFORCE HOUSING PROPERTY BUILD UP TO 11 UNITS! Introducing a “property of opportunities” located in St. Petersburg, Florida near the Marina District on Clam Bayou.
Are you looking for an investment which has immediate financial returns? A MULTI-FAMILY Lot with Potential to build 8 to 11 units?
This City of St. Petersburg and Pinellas county have realized the shortage of affordable housing in their area. To encourage the developers they are granting many incentives: expedited permit processing; relief from County review fees; and modification of development standards. This is a unique opportunity for a developer to invest and build multi-family property. Build 11 units for workforce housing!!
Though the property offers a 1 bedroom/1 bath renovated home, a second 2-bedroom/1 bath cabin, and a 6-car concrete block garage with a metal roof. There is not another property like this in the City of St. Pete that offers 1/2 acre of land and the opportunity to still build multi-units! Don't miss out! Property is conveniently located near parks, grocery stores, bus line at end of street, kayak launch, and 10 minutes to beaches!
Listing courtesy of Debra Lahlou, BHHS FLORIDA PROPERTIES GROUP