MULTIFAMILY LOT -- Zoned NSM-1. This lot received a buildable lot letter in which the city will allow up to 8 units (2 units may be workforce). Developers may build townhomes with ADU units for sale or rent or use your creativity. 7th Ave S is located in an OPPORTUNITY ZONE which will provide investors with hefty tax benefits. This property is highly walkable as it is located 0.3 miles from the NEW $6B Historic Gasplant Development at the Tropicana Stadium, ~5 minute walk to MLB Rays Baseball games, steps to Campbell Park and St Pete Skate Park, John Hopkins All Ch*ldren's Hospital and Bayfront Healthcare Systems are within 1 mile. Future residents will be able to enjoy first-rate cocktails and fresh oysters at Intermezzo in the Edge District or discover breweries + world renowned artists in the Warehouse Arts District -- a 6min bike ride away. This Superstar Lot on 7th Ave S is steps from a Pinellas Trail Access -- the Pinellas Trail is currently in the ideation process of being developed into a project similar to the Atlanta Beltline, a natural trail lined with dining, shopping, and opportunities to connect and commute along the trail (Google "The Sunline" by Take MAR to learn more.) *NON FLOOD ZONE*
Financial Considerations
Price:
$700,000
HOA Fee:
N/A
Tax Amount:
$2712.64
Price per SqFt:
$39.62
Tax Legal Description:
GREGORY'S SUB LOTS 4, 5 AND 6
Exterior Features
Lot Size:
17670
Lot Features:
Buildable, Cleared, Corner Lot, Curb and Gutters, City Limits, Oversized Lot, Special Taxing District