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1750 2nd Ave N 0.15 Acres of Commercial Land Offered at $2,800,000 in Saint Petersburg, FL 33713
INVESTMENT HIGHLIGHTS
- With easy access to major highways and public transportation, getting around is a breeze.
- Just steps from world-class dining, shopping, and entertainment.
- Located in the heart of downtown St. Petersburg, residents will enjoy breathtaking views of the city and the waterfront.
EXECUTIVE SUMMARY
Incredible Permit Approved Ground up Construction Multi Family in one of the hottest rent districts in the Tampa/St Pete area. Walking distance to all the best locations in the popular Edge District. Architectural plans, construction bids available upon request. 33 New Construction Rental Apartments with high rent yields. Seller is looking to sell interest in land for 2.8 million. Construction bids are approximately 7 million.
FINANCIAL SUMMARY (PRO FORMA - 2023) Click Here to Access |
ANNUAL | ANNUAL PER AC |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
PROPERTY FACTS
| Price | $2,800,000 | Proposed Use | Multifamily |
| Sale Type | Investment | Total Lot Size | 0.15 AC |
| No. Lots | 1 | No. Stories | 1 |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Commercial | ||
| Zoning | commercial | ||
| Price | $2,800,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 0.15 AC |
| No. Stories | 1 |
| Opportunity Zone |
Yes |
| Zoning | commercial |
1 LOT AVAILABLE
Lot
| Price | $2,800,000 | Lot Size | 0.15 AC |
| Price Per AC | $19,207,551.31 |
| Price | $2,800,000 |
| Price Per AC | $19,207,551.31 |
| Lot Size | 0.15 AC |
1 1
Walk Score®
Very Walkable (75)
Bike Score®
Very Bikeable (84)
PROPERTY TAXES
| Parcel Number | 24-31-16-29718-011-0070 | Improvements Assessment | $0 (2025) |
| Land Assessment | $249,416 (2025) | Total Assessment | $249,416 (2025) |
PROPERTY TAXES
Parcel Number
24-31-16-29718-011-0070
Land Assessment
$249,416 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$249,416 (2025)
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1750 2nd Ave N
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