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3112 6th Avenue S, St Petersburg
$600,000
Roosevelt Park Add SubDv. ⋅ 33712 Zip Code
Rare South St. Pete redevelopment opportunity near Gibbs High School. This three-lot site is zoned NTM-1 (Neighborhood Traditional Mixed Residential). This incredible location only 5 minutes from Downtown St Pete allows up to 8 units possible depending on size. Build modern townhomes, rentals or condos in a scale that fits the neighborhood. Ideal for a design-led builder or build-to-rent investor looking to add quality product in an area seeing significant new investment nearby. Seller is open to a land sale or a build-to-rent partnership with an experienced local builder. Currently tenant-occupied: please do not disturb the tenant. Showings by appointment only with advance notice. Buyer to verify zoning, density, lot dimensions, setbacks, parking and alley requirements with the City of St. Petersburg.

3112 6th Avenue S, St Petersburg

3353 4th Avenue S, St Petersburg
$1,925,000
10 Beds ⋅ 9 Baths ⋅ Roosevelt Park Add SubDv. ⋅ 33711 Zip Code
BRAND NEW CONSTRUCTION, FULLY LEASED, WITH AN OWNER-USER OPTION. Built in 2025, this concrete block corner property at 34th St S (US 19) and 4th Ave S offers 3 residences on one fee simple parcel: two 3BR/2.5BA townhomes (3365 and 3367 4th Ave S) and a detached 4BR/2.5BA single family home (3353 4th Ave S). Above each residence's garage is a separately leased Garage Suite with a private exterior entry, full bath, laundry and its own HVAC, producing 6 income streams and $182,892 of scheduled annual rent at 100% occupancy. LIVE IN ONE, LEASE THE REST: the 4BR detached home lease expires 12/31/2026, so an owner-occupant can move in and keep 5 income streams (about $139,000 per year) in place, and the 3 living units of record fit 2-4 unit residential financing. Investors and 1031 exchange buyers step into first generation roofs, HVAC, water heaters, appliances and finishes with no capital plan: quartz counters, shaker cabinetry, stainless appliances, luxury vinyl plank flooring, marble-look porcelain baths and dark matte fixtures. Leases are staggered into 2027 with 3 market rate and 3 housing authority assisted leases, and every lease carries a utility allowance that offsets owner-paid electric and water. In-place rents sit below new construction comparables nearby, leaving upside at renewal. Flood Zone X and non-evacuation zone, CCS-1 corridor zoning with mixed use optionality, 3 garages plus a paved rear parking court off the alley, and no HOA. Less than half a mile to Central Avenue, the Grand Central District and the SunRunner rapid transit line, with quick access to the Warehouse Arts District, Downtown St. Petersburg, the Tropicana Field / Historic Gas Plant redevelopment and the Gulf beaches. Greystar's 325-unit The Henry is delivering 3 blocks north. The nearly identical adjacent parcel is available from a separate owner by separate negotiation. County records 3 living units; buyer to verify the permitting and use status of the Garage Suites. Showings by appointment only with 48 hours notice; please do not disturb tenants.

3353 4th Avenue S, St Petersburg

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