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1675 18th Ave S

1,644 SF Specialty Building Offered at $1,027,666 CAD in Saint Petersburg, FL 33712

Investment Highlights

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

Executive Summary

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.

Property Facts

Price $1,027,666 CAD
Price Per SF $625 CAD
Sale Type Investment
Property Type Specialty
Property Subtype Residential Income
Building Class C
Lot Size 0.51 AC
Building Size 1,644 SF
No. Stories 1
Year Built/Renovated 1926/1978
Opportunity Zone Yes

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
25-31-16-71766-000-0040
Land Assessment
$69,448 CAD
Improvements Assessment
$0 CAD
Total Assessment
$69,448 CAD

zoning

Zoning Code CRT-1 (COMMERCIAL LAND USE. NEIGHBORHOOD TRADITIONAL MIXED RESIDENTIAL DISTRICTS. Community Redevelopment Area (CRA).)
CRT-1 (COMMERCIAL LAND USE. NEIGHBORHOOD TRADITIONAL MIXED RESIDENTIAL DISTRICTS. Community Redevelopment Area (CRA).)
  • Listing ID: 31947904

  • Date on Market: 2024-05-29

  • Last Updated:

  • Address: 1675 18th Ave S, Saint Petersburg, FL 33712

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