Available For Sale - Land

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AVAILABILITY DETAILS

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Listing ID
SA383250
Notes
STILL NEW > OFF MARKET

Prime Redevelopment Site in Downtown St Petersburg > Multi-Family Superiority



The Offering is for 7,000 sf of land on a hard intersection. The Site is all cleared with all utilities to the property.





This district is the most popular redevelopment areas for Multi-Family Developers. The zoning for this district - DC-2, boasts a very high-density for living units with a good FAR.





It is believed that the Highest & Best Use for this Site would be a multi-family re-development play. Fewer and Fewer Available Muli-Family Parcels are left in DC-2.



Recently, on Del Mar Terrace, a developer built 5 three stories townhomes on a very similar lot. Next door, to the west, at the St James Townhomes site, there are 8 three stories under construction.

(Please Note: last four pictures are of the development next door)



City of St Petersburg Website: http://www.stpete.org/portal-thi...











Location Description: Located simply in one of the best-emerging markets > Downtown St Petersburg.



The location is on the southwest hard corner of 3rd Avenue South and 7th Street South. The address is on 7th Street South at 301.



With a location on 3rd Avenue South, this constitutes an address just off the famed Central Avenue in Downtown St Petersburg.



The location could not be any better, it is within walking distance of all the trending districts in Downtown St Pete > The Jannus Block * Beach Drive * The Waterfront * The 600 Block of Central Avenue * Edge District * Grand Central Shopping & Dining District.



The Site is also 2 minutes to the Interstate, 3 minutes to US HWY 19 N and only 14 minutes to the Beaches and Tierra Verde.



The Location gets even better from a Business, Medical, Sports and Education perspective. The Site is also only minutes from all Office Towers, Co-Working Spaces, Retail & Restaurant Employers, Medical Employers and two famed hospitals - John Hopkin's All Children's Hospital and Bayfront Medical Center.



Nearby is Tampa Bay Rowdies Stadium and the Tampa Bay Rays Tropicana Stadium.



The University of South Florida and St Petersburg College Campuses are both just blocks away. The award-winning Stetson University College of Law is 14 minutes drive time.



The Gulf Beaches and Tampa are both an all Interstate drive - 17 minutes.



Uses
Land

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Jonny Reno La Budde, AXXOS
BRE# SL3088599