Address: 1005 16th Street N, ST PETERSBURG, FL 33705
Description
Mixed use investment opportunity in Euclid St. Pauls, just minutes from downtown St. Petersburg on high visibility 16th Street corridor. On an oversized, irregular corner lot with alley access, this property is zoned CRT 1 with a PR MU future land use designation, allowing up to five residential units by right, or seven with a density bonus under NTM 1 standards. The existing four bedroom, two bath structure may be converted for multifamily or office use through the city's Change of Use process. Ideal for redevelopment as a duplex, triplex, office or mixed use configuration. Close to Crescent Lake, MLK Street dining, parks, St. Anthonys Hospital, USF St. Pete and Interstate 275. City zoning and use documentation available. A rare opportunity for real estate investors seeking flexibility and long term upside in a central growth corridor.
Mixed use investment opportunity in Euclid St. Pauls, just minutes from downtown St. Petersburg on high visibility 16th Street corridor. On an oversized, irregular corner lot with alley access, this property is zoned CRT 1 with a PR MU future land use designation, allowing up to five residential units by right, or seven with a density bonus under NTM 1 standards. The existing four bedroom, two bath structure may be converted for multifamily or office use through the city's Change of Use process. Ideal for redevelopment as a duplex, triplex, office or mixed use configuration. Close to Crescent Lake, MLK Street dining, parks, St. Anthonys Hospital, USF St. Pete and Interstate 275. City zoning and use documentation available. A rare opportunity for real estate investors seeking flexibility and long term upside in a central growth corridor.
New Listings & Price Reduction Updates sent directly to your email
Create Your Own Property Search saved for your return visit.
"Like" Listings and Create a Favorites List
* NOTICE: By creating your free profile, you authorize us to send you periodic emails about new listings that match your saved searches and related real estate information.If you provide your telephone number, you are giving us permission to call you in response to this request, even if this phone number is in the State and/or National Do Not Call Registry.
Apply Now
