π Investment Opportunity in Saint Petersburg, FL! ποΈ
π’ Parcel ID: 12-31-16-98748-000-0230
π‘ Parcel Description: WOODHURST EXT LOT 23 LESS S 3FT & W 16FT OF LOT 22 LESS S 3FT
π Lot Size: 8,181 sqft (per tax records)
ποΈ Zoning: NTM-1 (Allows up to 6 units)
π Flood Zone: X
π² Asking Price: $360,000
π° EMD: $7,000
πΈ View Photos Here
π Property Appraiser
πΊοΈ GIS
π Comparable Land Sales:
- 2701 13th St N #20 - Sold for $425,000 on 3/24
- Lot Size: 6,451 sqft
- 1229 21st Ave N - New build sold for $1.45M on 1/24
- Lot Size: 5,400 sqft (~$290k at 20%)
- 2400 Woodlawn Cir E - New build sold for $1.33M on 3/24
- Lot Size: 6,090 sqft (~$266k at 20%)
π Why Invest?
- Prime Location: Situated just east of the highway in North St. Pete, north of Downtown, this lot offers easy access to major roads and city amenities.
- Zoning Flexibility: NTM-1 zoning allows for up to 30 units per acre, not exceeding four dwelling units per building. This property, at 0.1878 acres, can accommodate up to 6 units.
- Development Potential: Ideal for a build-to-sell or build-to-rent strategy, capitalizing on the high demand for multi-unit properties in this area.
- Strong Comparables: Comparable land sales and new builds in the area show a high market value, indicating a lucrative return on investment.
π Contact us today to schedule a viewing or for more information about this excellent investment opportunity in Saint Petersburg, FL!
DISCLAIMER:
This company has a direct contract with the seller. Legal action will be taken against anyone who contacts the seller directly. The property is sold as-is, with the buyer responsible for all closing and escrow costs. Buyers must conduct their own due diligence. No guarantees are made regarding property condition, value, or benefits. This is an assignment of contract with exclusive rights to purchase. We are not brokers and do not represent the seller. Contacting the owner without our consent will result in legal action. Buyers should verify all permits and information with the city/county building department.
Bedrooms | |
Bathrooms | |
Sq. footage |