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1700 Burlington Ave N - Prime Downtown Development Parcel—DC-2 Zoning 0.33 Acres of Commercial Land Offered at $3,500,000 in Saint Petersburg, FL 33713
INVESTMENT HIGHLIGHTS
- DC-2 Zoning. Entitled for FAR 3.0. Can get FAR up to 7.0 with public hearing.
- Ideal for micro-apartment development of 50-100 units. Very low per door cost.
- 0.7 miles SE of the proposed $6.8B Cathie Woods/Ellison Construction redevelopment of Gas Plant / Tropicana field.
EXECUTIVE SUMMARY
PROPERTY FACTS
| Price | $3,500,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Total Lot Size | 0.33 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land | ||
| Zoning | DC-2 | ||
| Price | $3,500,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.33 AC |
| Opportunity Zone |
Yes |
| Zoning | DC-2 |
1 LOT AVAILABLE
Lot
| Price | $3,500,000 | Lot Size | 0.33 AC |
| Price Per AC | $10,510,510.51 |
| Price | $3,500,000 |
| Price Per AC | $10,510,510.51 |
| Lot Size | 0.33 AC |
1/3rd acre multi-family site in downtown St Pete with DC-2 Zoning. Entitled for FAR 3.0. Can get FAR up to 7.0 with public hearing. In the central business district of St Pete, units under 750 sq feet do not require parking.
DESCRIPTION
Prime downtown development parcel—DC-2 zoning—steps to the EDGE/Grand Central corridors and the Tropicana/Gas Plant District. 0.7 miles SE of the proposed $6.8B Cathie Woods/Ellison Construction redevelopment of Gas Plant / Tropicana field. The immediate area is already experiencing significant development with a high probability of once-in-a-generation development coming in the next few years. Site could work as a flagged extended stay hotel or boutique apartments. Flood zone X.
PROPERTY TAXES
| Parcel Number | 24-31-16-29718-008-0010 | Improvements Assessment | $0 |
| Land Assessment | $498,910 | Total Assessment | $498,910 |
PROPERTY TAXES
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1700 Burlington Ave N - Prime Downtown Development Parcel—DC-2 Zoning
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