Photo 1 of 41
$460,000
| Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
| 4 |
0.00 |
1,713 |
$5,240.73 |
1938 |
|
On the market:
22 days
|
|
Recent price change: $465,000 |
|
Other active MLS# for this property:
TB8447646
TB8447646
|
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One or more photo(s) has been virtually staged. MOTIVATED SELLER: Substantial Closing Discount + Call for Additional Incentives! Turnkey Duplex + Rare NTM-1 Double Lot in South St. Pete Unlock immediate cash flow and massive future development potential in one acquisition. Sitting on a sprawling 12,700 sq. ft. double lot (100 x 127), this property features a fully renovated 3-bed/1-bath main house and a spacious, separate 1-bed/1-bath ADU. Both units are vacant, move-in ready, and separately metered, featuring solid hardwood floors, updated kitchens, New Roofs (2021), and New ACs (2018). The Value Play: While the existing structures generate immediate rental income, the rare NTM-1 zoning offers incredible upside. The lot allows for up to 8 total residential units. You can build 3-4 units immediately on the vacant portion of the lot while renting the existing homes, or plan a full 8-unit redevelopment for maximum equity. Located just 1 mile from the ARC Innovation District, Bayfront Health, and Downtown St. Pete, this is a secure foothold in a rapidly appreciating corridor. Buyer to verify all development projections with the City.
Listing courtesy of David Shaw & Kathryn Shaw, ATLAS REALTY GROUP & ATLAS REALTY GROUP