UNIQUE and FANTASTIC opportunity in St. Pete. Situated HIGH AND DRY in flood zone X and in a NON-EVACUATION ZONE. The property consists of 2 single-family, block construction homes - each 2 bedrooms + bonus room, 1 bath and carport (just under 1,000 sqft each). There is also an 864 sqft garage with dual doors and a full bathroom. The property is zoned Neighborhood Traditional Mixed Residential (NTM-1) which allows for many uses, including the possibility of adding ADUs. You can keep the property as-is - rent out all 3, live in 1 home, using the garage as a workshop or storage and rent out the other; add on or redevelop completely. This would also make a phenomenal 1031 exchange. There is endless potential!
Financial Considerations
Price:
$695,000
HOA Fee:
N/A
Tax Amount:
$7012.65
Price per SqFt:
$359.17
Tax Legal Description:
WOODLAWN HEIGHTS BLK A, LOT 20, 19 & W 2FT OF LOT 18 LESS the South 20 feet taken for Right-of-Way