Address: 1447 27th Avenue N, ST PETERSBURG, FL 33704
Description
**Prime Development Opportunity in Historic Woodlawn**
Discover an exceptional 2 lot assemblage in one of St. Petersburg's most sought after neighborhoods. These adjacent 50' x 125' parcels offer a rare opportunity for luxury residential development in the heart of Woodlawn, where historic charm meets modern urban living.
**Property Highlights:**
Two contiguous lots, each is 50' x 125' (6,250 SF per lot, 12,500 SF combined) SOLD AS A SINGLE LOT AT $550K OR COMBINED AT $1,100,000. Specs are as follows:
NT 2 zoning: Traditional Neighborhood District allowing for flexible residential development
Rear alley access on both parcels providing excellent design flexibility
Purchase together for maximum development potential or individually
Ideal for luxury spec builders seeking economies of scale
**Development Potential:**
The NT 2 zoning designation opens the door to sophisticated single family residences. The rear alley access is particularly valuable, allowing for detached garages and/or ADU's, enhanced privacy, and creative site planning that maximizes street appeal. Builders can capitalize on the dual lot opportunity to streamline construction timelines, reduce per unit costs, and create a cohesive luxury feel with 2 homes side by side.
**Important Note:**
If purchasing a single lot, the buyer assumes full responsibility and cost for demolition of the existing structure on that parcel.
**Location:**
Woodlawn's tree lined streets, walkability to Coffee Pot Bayou, proximity to downtown St. Petersburg, and strong market demand make this an outstanding investment for discerning developers ready to deliver the upscale product today's buyers desire.
*Contact us today to explore this rare dual lot opportunity in one of St. Pete's most desirable locations.*
**Prime Development Opportunity in Historic Woodlawn**
Discover an exceptional 2 lot assemblage in one of St. Petersburg's most sought after neighborhoods. These adjacent 50' x 125' parcels offer a rare opportunity for luxury residential development in the heart of Woodlawn, where historic charm meets modern urban living.
**Property Highlights:**
Two contiguous lots, each is 50' x 125' (6,250 SF per lot, 12,500 SF combined) SOLD AS A SINGLE LOT AT $550K OR COMBINED AT $1,100,000. Specs are as follows:
NT 2 zoning: Traditional Neighborhood District allowing for flexible residential development
Rear alley access on both parcels providing excellent design flexibility
Purchase together for maximum development potential or individually
Ideal for luxury spec builders seeking economies of scale
**Development Potential:**
The NT 2 zoning designation opens the door to sophisticated single family residences. The rear alley access is particularly valuable, allowing for detached garages and/or ADU's, enhanced privacy, and creative site planning that maximizes street appeal. Builders can capitalize on the dual lot opportunity to streamline construction timelines, reduce per unit costs, and create a cohesive luxury feel with 2 homes side by side.
**Important Note:**
If purchasing a single lot, the buyer assumes full responsibility and cost for demolition of the existing structure on that parcel.
**Location:**
Woodlawn's tree lined streets, walkability to Coffee Pot Bayou, proximity to downtown St. Petersburg, and strong market demand make this an outstanding investment for discerning developers ready to deliver the upscale product today's buyers desire.
*Contact us today to explore this rare dual lot opportunity in one of St. Pete's most desirable locations.*
Features
Building and Construction
Covered Spaces: 0.00
Fencing: Fenced
Living Area: 0.00
Land Information
Lot Features: Buildable, City Limits, Level, Room For Pool
Garage and Parking
Garage Spaces: 0.00
Open Parking Spaces: 0.00
Eco-Communities
Water Source: Public
Utilities
Carport Spaces: 0.00
Road Frontage Type: Alley, City Street
Sewer: Public Sewer
Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Water Connected
Finance and Tax Information
Home Owners Association Fee: 0.00
Insurance Expense: 0.00
Net Operating Income: 0.00
Other Expense: 0.00
Tax Year: 2024
Other Features
Country: US
Current Use: Residential
Legal Description: WASHINGTON HEIGHTS BLK E, LOT 10
This property offers a flexible opportunity for buyers! The existing 3 bedroom/2 bath block home is permit ready and could be renovated or rebuilt to suit your needs. With water intrusion from Hurrica
LOCATION LOCATION LOCATION!
Build Your Dream Home in the Heart of St. Petersburg! Don't miss this rare opportunity to own a spacious 68x127 vacant lot in one of St. Petes most desirable and convenien
**Prime Development Opportunity in Historic Woodlawn** Discover an exceptional 2 lot assemblage in one of St. Petersburg's most sought after neighborhoods. These adjacent 50' x 125' parcels offer a ra
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