1675 18th Ave S - Residential Income FOR SALE


Saint Petersburg, FL 33712
$725,000 USD
877-366-2213
1675 18th Ave S, Saint Petersburg, FL for Sale
$725,000 USD
Residential Income - FOR SALE
1/15
null | Request Cap Rate

1675 18th Ave S
Saint Petersburg, FL 33712


HIGHLIGHTS

  • Heavy Traffic
  • 1 mile to Tropicana Field and new development
  • 5 minutes to Downtown St. Petersburg
  • Community Redevelopment Area
  • Tax Incentives

OVERVIEW

Two lots in sale. Corner lot. Increased Development in area. High traffic area. Proposed: Mixed Use *Commercial Development Opportunity* Located in the rapidly developing area of St. Petersburg, this presents an excellent investment opportunity for developers, businesses, and investors looking to capitalize on the growth of the area. There are two adjacent lots, with one lot being an oversized corner lot for a total of 22,346 sq ft with both parcels. These parcels are located in the desired St. Petersburg Community Redevelopment Area (CRA), which is an opportunity zone to allow for more opportunities and incentives for development. The flexible zoning requirements allow for mixed-use developments, multifamily, affordable housing, retail spaces and more. With the area experiencing a rapid growth and a high demand for housing, this presents a lucrative investment opportunity. This is located approximately 1 mile from Tropicana Field and less than 5 minutes to Downtown St. Petersburg. Don't miss out this valuable opportunity to own commercial land in a thriving area with endless potential.

FOR SALE DETAILS

PRICE

$725,000 USD

PRICE/SF

$441 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1926

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,346 SF

ZONING

CRT-1

APN/PARCEL ID

25-31-16-71766-000-0040,25-31-16-86274-000-0010

ASK ABOUT THIS PROPERTY

Melissa BrashierLPT Realty, LLCMore Info
877-366-2213

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Melissa BrashierLPT Realty, LLCMore Info
877-366-2213

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.