This Lot Is The Perfect Location For Your Next Development With NSM1 Zoning With Ability To Have 3 Dwelling Units Due To Acreage In An Enterprise Zone Of St. Petersburg. Lot Dimensions 50ft X 158ft. Alley Access In The Back. There Is A 2bd 1ba 800sf Home On The Back Of The Lot That Is Currently Rented Until 8/31/24 For $1,400/mn With Potential To Extend Through Construction. Tenants Have Agreed To Stay Through Construction At This Rental Rate. Produce Cash Flow While You Get Plans Approved And Duplex Built. Current Rental Rates For A New Build 2bd 1.5ba Is $2,150/mn. Back Unit Can Be Rented For $1,850/mn After Construction Is Complete. Get Over $6,100/mn In Rental Revenue Post Construction. 15 Min Driving To St Pete Beach. 10 Min To Downtown St Pete. Flood Zone X. Buyer To Verify All Information Regarding Planning And Zoning With The City Of Saint Petersburg. Survey Attached. Digital Floor Plan Attached For Review. Letter From City Confirming 3 Dwellings Attached. Mechanical, Electrical, And Plumbing Designs Will Be Given To The Buyer Under Contract. Become A Part Of St. Petersburg’s Vibrant Transformation With Convenient Access To Both Gulfport, St. Pete Beach, And The Vibrant Downtown St. Pete. Do Not Approach House Without Confirmed Showing.
