Excellent opportunity to purchase a redevelopment site in the height of the burgeoning downtown market, located at the northwest corner of 2nd St S and & 4th Ave S - Located in the DC-1 zoning district, the site can be a high rise building, with the height and the number of units dependent upon setbacks, parking and other related issues – lot size is 100 x 100 - Ideal for a condominium development offering beautiful waterviews to the east and expansive views of the thriving downtown scene from all other directions
PROPERTY DESCRIPTION A rare, 1.08± acres site in the heart of St. Petersburg, FL. This site provides walkability to Tropicana Field, the Innovation District, the Edge Business District, Grand Central District, Downtown St. Petersburg, and countless other retail, business, and entertainment corridors. Johns Hopkins All Children's Hospital, Bayfront Health Hospital, and University of South Florida - St. Petersburg are all within a half mile. Condominiums, market rate apartments, or affordable housing would be ideal for this site. Please see below for possible incentives provided by the City.
LOCATION DESCRIPTION Located in close proximity to the heart of Downtown St. Petersburg and a two-minute walk to Tropicana Field, this area has seen significant commercial and residential redevelopment in the past several years. Situated on Dr. M.L.K. Jr St. S and the end of 6th Ave. S in Saint Petersburg, FL. Located just at the end of the hospital corridor which houses some of the states top hospitals. The property is in close proximity to Downtown St. Pete, Tropicana Field, and has easy access to the I-175/I-275 Interstate system.
CURRENT ZONING Corridor Residential Traditional (CRT-1) - Allows for up to 30 multifamily units per acre. It may be possible to rezone the property to Employment Center (same zoning as the adjacent properties to the north and east) which would allow for an FAR of up to 4.0.
COMMUNITY REDEVELOPMENT AREA The property falls within the South St. Petersburg Community Redevelopment Area (CRA). The CRA was established to promote reinvestment in housing and neighborhoods, commercial corridors, business development, education and workforce development, and non-profit capacity building within the boundaries of the CRA. Through the CRA's Affordable Multifamily Housing Development Program, developers of affordable housing may qualify for an annual incentive up to $1,000 per unit per year for up to fifteen years. - For more information on the South St. Petersburg CRA, please visit: http://www.stpete.org/city_departments/southside_cra.php - For more information on the South St. Petersburg CRA's Affordable Multifamily Housing Development Program, please visit: http://www.stpete.org/city_departments/ housing-based_opportunities.php
OPPORTUNITY ZONE The property also falls within a designated Opportunity Zone. An Opportunity Zone is a census tract that has been designated as eligible to receive private investment through Opportunity Funds. An Opportunity Fund is a private investment vehicle, certified by the Treasury, to aggregate and deploy capital in Opportunity zones.
This has a variable rate commission.
Corner site on Pasadena Ave and Hibiscus Ave.
Across from Bank of America
Site plans available for proposed 1-3 Units building
.56 acres (24,394 SF) MOL
Zoned CG - Commercial General - City of South Pasadena
Ground Lease @ $75,000 / annual / NNN
PROPERTY DESCRIPTION The opportunity is to acquire eight parcels totaling .76 acre of land situated in the Innovation District of St. Petersburg, FL. The location allows access to a baseball stadium, hospital, and a short drive to many shops and restaurants located waterside in Downtown St. Pete.
LOCATION DESCRIPTION The subject property is located in the City of St. Petersburg, Pinellas County, Florida. The property is bound on the north by 5th Ave S, on the west by Dr. M.L.K. Jr. St S., by 5th Terrace S on the south and Highland Court S to the east. Situated in the St. Pete Innovation District just minutes from the Bayfront Health Hospital, Tropicana Stadium, and Downtown St. Pete. The location allows easy access to I-175, leading to a short drive to some of the areas beautiful beaches and the Tampa Bay area.
MUNICIPALITY City of St Petersburg
PROPERTY SIZE 0.76 Acres
ZONING IC (Center Institutional)
FUTURE LAND USE Institutional
PARCEL ID 173119146880000050, 173119146880000030, 173119146880000020, 173119146880000010, 173119146880000090, 173119831600000010, 173119831600000011, 173119831600000020
PROPERTY DESCRIPTION - The opportunity to acquire a cleared and graded commercial parcel located at a lighted intersection in St. Petersburg, FL. The
site has been identified as one of St. Petersburg's "Blue Chip" sites as it is ideal for a hotel, office or industrial development due to its easy access to both I-275 and Gandy Blvd and strong visibility. Stand alone retail is currently not an allowed use for the site. Water, sewer, electric and telephone are available to the site. Seller will divide and may consider JV's ground leases,
build to suites and seller financing depending on the buyer.
LOCATION DESCRIPTION - The parcel which is located on the north side of Gandy Blvd, on the east side of 16th Street at the entrance to Metropointe
Commerce Center which is a lighted intersection in St Petersburg, FL. The parcel is .95± acres. Traffic count 55,500 A.A.D.T.
on Gandy per FDOT 2014.
PROPERTY SIZE - 0.95 Acres
ZONING - Employment Center- Allows for office, hotel and industrial uses.
PARCEL ID - 24-30-16-57485-001-0010
Broker: Ned Willis - NWillis@VectorRealty.com - 727-481-3356
3.71 Acres of the only vacant waterfront land near downtown Saint Petersburg. Land runs West to East from fourth Street South to Third Street South and North South from 11th Avenue to Bookers Creek. Property is adjacent to the Harborage Marina and Bayboro Harbor, a full service marina owned by the city of Saint Petersburg with access to open deep water. Property is minutes from downtown.
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