4105 18th Ave., St. Petersburg, FL 33711

4105 18th Ave., St Petersburg, FL 33711
Photo 1 of 66
$519,900
Beds Baths Sq. Ft. Taxes Built
3 1.00 1,063 $6,475 1922
On the market: 1 day

Est. Monthly Payment:

$3,653($3,113 + $540 taxes*)

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APPROVED
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One or more photo(s) has been virtually staged. NTM-1 ZONED DEVELOPMENT OPPORTUNITY WITH INCOME IN PLACE. This is a rare opportunity to acquire a cash-flowing property with confirmed NTM-1 zoning, offering significant redevelopment potential in the rapidly evolving St. Petersburg market. Situated on an 8,255 SF lot with alley access, the property supports potential development of 5–6 residential units (buyer to verify), ideal for “missing middle” housing such as duplex, triplex, or small multifamily configurations. The existing setup includes a 3-bedroom main home and a separate 1-bedroom accessory dwelling unit that will generate approximately $3,625/month, providing immediate income while planning future development. NTM-1 zoning allows for up to 30 units per acre with a maximum of 4 units per building, creating multiple viable development strategies. Both homes have been completely remodeled. New kitchens, all new paint, new roof. Located within an Opportunity Zone, this property offers both immediate cash flow and long-term upside for investors, builders, and developers.
Listing courtesy of Steve Eckhardt, CORNERSTONE PROP.INTERNATIONAL