Olympic-sized lap pool, built in 2019, on a prime multi-family zoned lot! An incredible opportunity awaits at 7039 Hibiscus Ave S in the desirable South Pasadena. Nestled on a spacious 0.29-acre lot, this 3-bedroom, 4-bath home offers a flexible split-plan layout spanning over 2,200 sqft—a blank canvas ready for your personal touch. Inside, the main living area has been fully remediated and is ready for remodeling, allowing you to customize the space to match your vision. Step outside to your Olympic-size lap pool, perfect for both fitness and relaxation. Built in 2018 and ready to enjoy, this stunning pool is complemented by a 100 sqft spa and a 560 sqft covered patio featuring a cozy gas fireplace—an ideal space for outdoor entertaining. Additional features include a spacious 2-car garage, an oversized utility room with space for a full washer and dryer, and two large exterior storage rooms for added convenience. Recent major upgrades include a 900 sqft addition in 2017, a new pool in 2019, and a new patio in 2024. These enhancements contribute to the home’s $953,000 appraised value. With RM-10 residential/multi-family zoning, this property offers outstanding redevelopment flexibility, whether you choose to remodel the existing structure or build anew. Prime location—just 10 minutes from the beach and 15 minutes from vibrant downtown St. Petersburg! This is a rare opportunity to own a spacious, well-located property with endless potential. One or more photo(s) has been Reality Staged and/or Renovated.