3434 6TH AVE N, ST PETERSBURG, FL, 33713
$700,000
Residential Income
Living Area
2,075 Sqft
Lot Size
16,518 Sqft
Currently a cash flowing duplex with tenants in place with incredible future land development potential! A true triple lot (150x110) that is zoned CCS-1, which allows for 15 units/acre for a highest and best use redevelopment of 3 luxury single family homes or 6 townhomes. The CCS-1 zoning code promotes a 36 ft building height, a Floor Area Ratio of 0.55, and impervious coverage ratio of 0.85, and 20 foot interior setbacks. Based on this analysis, the redevelopment would be for 3 single family homes measuring around 3,000 SqFt or 6 townhomes measuring around 2,000 SqFt. Resale value for the townhomes would be around $700,000 per townhome or $1,000,000 per single family home. The property currently has two single family residences that are being rented. his offering is for the land only. Permits and plans are not available. Renderings are artistic representation only. Verify all zoning information with the City of St Pete. Don’t delay, call today and take advantage of one of the last remaining oversized land values in St Pete!
Property Details
Property Features Property Features
MLS ID: MFRTB8376538 Year Built: 1940
Construction Materials: Frame Cooling: Central Air
Country: US Exterior Features: Lighting
Foundation Details: Crawlspace Heating: Central, Electric
Laundry Features: Inside Lease Term: Twelve Months
Listing Agreement: Exclusive Right To Sell Property Sub Type: Duplex
Property Type: Residential Income Road Surface Type: Brick
Roof: Shingle Sewer: Public Sewer
Showing Requirements: ShowingTime Special Listing Conditions: None
Standard Status: Active State Or Province: FL
Utilities: Electricity Connected, Sewer Connected, Water Connected Water Source: Public
We love to hear from you