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4615 Central Ave - Prime Central Ave Land (Zoned for 7-Units) 0.11 Acres of Commercial Land Offered at $325,000 in Saint Petersburg, FL 33713

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INVESTMENT HIGHLIGHTS

  • Fast-growing corridor with significant planned investment

EXECUTIVE SUMMARY

This fully cleared and graded development site sits directly on Central Avenue and is zoned for a wide range of high-value uses—including mixed-use, townhomes, apartments, office, or live/work. The zoning allows for up to 7 units and a maximum building height of up to 72 feet, giving developers exceptional flexibility for density, design, and long-term value. With demolition and tree work already completed, the property is ready to build, with optional permit-ready plans for a 4-unit live/work townhouse/ADU project available separately for those seeking a faster path to construction.

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER AC
Taxes $99,999 $9.99
Operating Expenses - -
Total Expenses $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Taxes
Annual $99,999
Annual Per AC $9.99
Operating Expenses
Annual -
Annual Per AC -
Total Expenses
Annual $99,999
Annual Per AC $9.99

PROPERTY FACTS

Price $325,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Mixed Use
  • Multifamily
Total Lot Size 0.11 AC
Zoning CRT-1 - Commercial/mixed-use zoning allowing up to 7 units and 72' height. Permits mixed-use, multifamily, townhomes, office, and live/work. Verify with city.

1 LOT AVAILABLE

Lot

Price $325,000
Price Per AC $2,831,405.07
Lot Size 0.11 AC

Fully cleared 50x100 Central Ave site zoned for mixed-use, townhomes, apartments, office, or live/work. Up to 7 units and 72’ height allowed. Demo and tree work completed.

DESCRIPTION

Prime development opportunity on Central Avenue. This fully cleared and graded site is zoned for mixed-use, townhomes, apartments, office, or live/work, with capacity for up to 7 units and building heights up to 72 feet. All demolition and tree work is complete, making the site ready for immediate development. Optional permit-ready plans for a 4-unit live/work townhouse project with ADUs are available separately. Located in the Central Activity Corridor, this property offers exceptional visibility, strong redevelopment momentum, and multiple profitable exit strategies. Strategic Location Situated in the heart of the Central Activity Corridor, this property is surrounded by ongoing redevelopment, new residential projects, and upgraded infrastructure. Central Avenue continues to see increased investment, stronger retail demand, and rising property values—positioning this parcel for strong appreciation. Its direct frontage provides excellent commercial signage visibility, making it ideal for businesses or residents seeking a live/work lifestyle with walkability and high exposure. Optional Permit-Ready Plans (Sold Separately) For buyers looking to accelerate development, completed construction plans for a 4-unit live/work townhouse project with ADUs can be purchased separately. The concept includes: • (2) Main Townhome Units – 1,770 SF, 4 bed / 2.5 bath • (2) ADUs Above Garage – 653 SF, 1 bed each • 2,423 total SF per unit including garage + ADU • Fee-simple ready for individual resale • Designed for legal business operation without affecting residential financing These plans are fully engineered and ready for permitting.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
21-31-16-14562-007-0110
Land Assessment
$169,251
Improvements Assessment
$45,749
Total Assessment
$215,000
Annual Taxes
($1)
Tax Year
2024
  • Listing ID: 38468546

  • Date on Market: 11/16/2025

  • Last Updated:

  • Address: 4615 Central Ave, Saint Petersburg, FL 33713

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