Active

$650,000

Features:
  • 0 Bedrooms
  • 0 Bathrooms
  • 2075 sq ft
Overview
  • ID: MFRTB8376538
  • Bedrooms: 0
  • Bathrooms: 0
  • Size: 2075 sq ft
Property Details
Remarks
Currently a cash flowing duplex with tenants in place with incredible future land development potential! A true triple lot (150x110) that is zoned CCS-1, which allows for 15 units/acre for a highest and best use redevelopment of 3 luxury single family homes or 6 townhomes. The CCS-1 zoning code promotes a 36 ft building height, a Floor Area Ratio of 0.55, and impervious coverage ratio of 0.85, and 20 foot interior setbacks. Based on this analysis, the redevelopment would be for 3 single family homes measuring around 3,000 SqFt or 6 townhomes measuring around 2,000 SqFt. Resale value for the townhomes would be around $700,000 per townhome or $1,000,000 per single family home. The property currently has two single family residences that are being rented. his offering is for the land only. Permits and plans are not available. Renderings are artistic representation only. Verify all zoning information with the City of St Pete. Don’t delay, call today and take advantage of one of the last remaining oversized land values in St Pete!
Financial Considerations
Price:
$650,000
HOA Fee:
N/A
Tax Amount:
$9074.76
Price per SqFt:
$313.25
Tax Legal Description:
KELLHURST SUB 2ND PART REP BLK 1, LOT 1
Exterior Features
Lot Size:
16518
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
0
Bathrooms:
0
Heating:
Central, Electric
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
1940
Construction Type:
Frame
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Lighting
Additional Features 2:
N/A
Map
  • Address
    3434 6TH AVE N
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