Attention Developers and Builders!
This is a rare opportunity to acquire a 1.08 vacant parcel Zoned CRS-1 in prime North St. Pete which allows a variety of uses; including multifamily (up to 15 units per acre), office, and other uses.
The property is located in a highly desirable location close to I-275, the Gandy Bridge, Gateway Mall, Downtown St. Pete, Tampa International Airport, and Clearwater Airport.
The sales and rental markets in this area are strong, making this a great opportunity for developers/builders.
Priced at approx. $44/SF or $130,000 per unit if able to build 15 multifamily units. Bonus – Seller also owns 3 adjacent properties that are negotiable at Sellers option. One of them is a corner office building with Dr MLK Jr frontage also zoned CRS-1.
This is a rare opportunity to acquire a 1.08 vacant parcel Zoned CRS-1 in prime North St. Pete which allows a variety of uses; including multifamily (up to 15 units per acre), office, and other uses.
The property is located in a highly desirable location close to I-275, the Gandy Bridge, Gateway Mall, Downtown St. Pete, Tampa International Airport, and Clearwater Airport.
The sales and rental markets in this area are strong, making this a great opportunity for developers/builders.
Priced at approx. $44/SF or $130,000 per unit if able to build 15 multifamily units. Bonus – Seller also owns 3 adjacent properties that are negotiable at Sellers option. One of them is a corner office building with Dr MLK Jr frontage also zoned CRS-1.
Property Details
Price:
$1,950,000
MLS #:
U8202085
Status:
Active
Beds:
0
Baths:
0
Address:
7200 Block Of DR MARTIN LUTHER KING JR STREET N
Type:
Land
Subdivision:
HOLLYWOOD PARK SUB
City:
ST PETERSBURG
Listed Date:
Jul 8, 2023
State:
FL
ZIP:
33702
Lot Size:
47,045 sqft / 1.08 acres (approx)
See this Listing
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Schools
Interior
Exterior
Other Structures
Other
Financial
Buyer Agent Compensation
3%%
Tax Year
2022
Taxes
$18,600
Map
Community
- Address7200 Block Of DR MARTIN LUTHER KING JR STREET N ST PETERSBURG FL
- CityST PETERSBURG
- CountyPinellas
- Zip Code33702
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Courtesy of CHARLES RUTENBERG REALTY INC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Stellar MLS. All rights reserved. 7200 Block Of DR MARTIN LUTHER KING JR STREET N
ST PETERSBURG, FL
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