For Sale

Listed by Dustin Baldwin and Jenny Baldwin

Source: Stellar MLS #TB8493253

4754 1st Ave N, St. Petersburg, FL, 33713

$375,000

3
2
1
1312 sq. ft.
5001 sq. ft.

SingleFam

30+ days on the market

What's around 4754 1st Ave N

About this property

Calling all developers or investors looking for a lucrative covered land opportuntiy priced at pre-zoning change values. This 3-bedroom, 2-bathroom home with a detached garage is located within a designated Activity Center just a quarter mile from the SunRunner rapid transit line, directly in the path of a significant zoning change that now allow buildings up to 86 feet tall and up to a FAR of 5.0 (allowing 25,000 square feet), with no minimum parking requirements. Developers and investors: this is a classic covered land play, collect rental income on the existing home while positioning for a mid-rise or mixed-use development as the surrounding corridor transforms into the walkable, mixed-use district it's being rezoned to become. The detached garage offers strong conversion potential into a 1-bedroom, 1-bathroom rental unit as well, adding income to your investment. For the homeowner or flipper, this is a solid residence in a neighborhood on the verge of a major shift, live here, rent it, or hold it. Priced before the market catches up.

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