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2945 Central Ave - Adjacent to Historic Craftsman Restoration 0.1 Acres of Commercial Land Offered at $595,000 in Saint Petersburg, FL 33713

INVESTMENT HIGHLIGHTS
- Prime Central Avenue St. Petersburg Development Opportunity 45' to 55' frontage on Central Avenue Available
- Rare 4,500 lot with 45' Frontage, Next Door to the Historic Craftsman House Scheduled for Renovation
EXECUTIVE SUMMARY
PROPERTY FACTS Under Contract
1 LOT AVAILABLE
Lot 11
| Price | $595,000 | Lot Size | 0.10 AC |
| Price Per AC | $5,759,588.02 |
| Price | $595,000 |
| Price Per AC | $5,759,588.02 |
| Lot Size | 0.10 AC |
Available lot sizes range from 45' to 55' of frontage, with 4,500 SF to 5,500 SF at $132.22/SF. West and North views! 924 SF occupied home on site, 50' to 55' lot size, has a partial building that will be removed at the seller's expense.
DESCRIPTION
BETTER THAN A CORNER- the historic property to the west will remain open for viewing of the historic Craftsman house restoration and courtyard. Add balconies on the north side over Central and on the west side. Central Avenue Corridor Activity Center Property - In St. Petersburg's CCT-2 (Corridor Commercial Traditional-2) zoning district, the maximum residential density within activity centers can be increased to 60 units per acre. This density can be further augmented by bonuses for the workforce or missing middle housing. Key Density and Intensity Regulations in CCT-2: • Residential Density: o 60 units per acre (within activity center) o Additional density possible with workforce housing or missing middle housing bonuses • Nonresidential Intensity: o 2.5 FAR (within activity center) • Hotel Density: o 80 rooms per acre (within activity center)
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2945 Central Ave - Adjacent to Historic Craftsman Restoration
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