NSM-2 zoning (Neighborhood Suburban Multi-Family) offers flexibility for potential redevelopment in one of St. Petersburg’s rapidly evolving corridors. This 3-bedroom, 1-bath home is currently tenant-occupied at $1,750/month, providing immediate income, with flexibility as the lease can be terminated with 30 days’ notice.
Located just minutes from downtown St. Pete, the property… Read More is within close proximity to Tropicana Field, Ferg's Sports Bar & Grill, Central Avenue, and the Edge District. Easy access to I-275 allows for convenient travel throughout the Tampa Bay area.
The surrounding neighborhood is seeing continued redevelopment and new construction, including higher-density projects nearby, making this an attractive opportunity for investors, builders, or end-users looking to secure a well-located property with long-term upside.
The existing structure has deferred maintenance and may be best suited for renovation, rental hold, or future redevelopment. Buyer to verify all zoning, density, and development possibilities with the City of St. Petersburg.
Whether you’re looking for a value-add rental, centrally located residence, or future development play, this property offers strong positioning in a high-demand location. Read Less
Courtesy of EASY HOME SALES 727-201-8964
Listing Snapshot
Days Online
1
Last Updated
Property Type
Single Family Residence
Beds
3
Full Baths
1
Square Ft.
792
Lot Size
0.11 Acres
Year Built
1925
MLS Number
TB8487853
Source: Home Junction
Additional Details
Property Access
Road Surface: Paved
Appliances & Equipment
Dishwasher, Range
Building
Built in 1925, Living area: 792, Living area units: Square Feet, Building faces West, 1 storey, Levels: One, Construction Materials: Frame
Cooling
Central Air
Exterior Features
Sidewalk
Floors
Laminate
Foundation
Crawlspace
Heating
Central
Interior Features
Ceiling Fans(s)
Laundry
None
Lot
0.11 acres, Dimensions: 40x125
Roof
Shingle
Sewer
Public Sewer
Taxes
Additional parcels description:, Parcel Number: 24-31-16-37512-010-0230, Public Survey Range: 16, Public Survey Section: 24, Annual Amount: $3,942.43, Tax Block: J, Tax Book Number: H3-45, Legal Description: HARVEY'S BLK J, LOT 23, Lot: 23, Year: 2025
Utilities
Electricity Connected, Sewer Connected, Water Connected, Water Source: Public
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