$355,000
Active · 93 days on market · MLS# MFRTB8433247
| Bedrooms | 3 |
|---|---|
| Bathrooms | 1.5 |
| Living area | 952 sq ft |
| Lot size | 0.11 acres |
| Year built | 1939 |
| Property type | Single Family Residence |
| Garage spaces | 1 |
| Private pool | Yes |
| Waterfront | Yes |
| Annual taxes | $4,363 |
| County | Pinellas |
Covered Land Play in Prime CRT-1 Central Ave Corridor. Rare opportunity to own a clean, income-producing home on highly desirable CRT-1 zoned land in St. Petersburg’s Central Ave Activity Center. The existing 3-bedroom, 2-bath home is well-maintained and previously leased for $2,500/month—ideal to live in or rent while planning future development. Zoned CRT-1, the site supports townhomes, quadplexes, apartments, live/work, office, or mixed-use, with approval for up to 7 units and building heights up to 72 feet. For those seeking immediate upside, the property offers a strong value-add path: retain the existing home and add multiple ADUs or additional units toward the rear of the lot to increase density and cash flow. Located in the path of progress along the Central Ave corridor, where land values continue to rise. Privately plan-reviewed, stamped architectural plans for a modern townhouse duplex with ADUs are available separately, offering a head start for developers ready to build. Ideal for developers, investors, or owner-occupants looking to house-hack today and unlock long-term redevelopment upside in one of St. Pete’s fastest-growing corridors.
Listing courtesy of Dustin Baldwin, EXP REALTY LLC. Presented by MC Homes Realty Inc · 727432218.