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4105 18th Avenue S
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PRICED AT ONLY: $519,900

Address: 4105 18th Avenue S, ST PETERSBURG, FL 33711

Description

One or more photo(s) has been virtually staged. NTM 1 ZONED DEVELOPMENT OPPORTUNITY WITH INCOME IN PLACE. This is a rare opportunity to acquire a cash flowing property with confirmed NTM 1 zoning, offering significant redevelopment potential in the rapidly evolving St. Petersburg market. Situated on an 8,255 SF lot with alley access, the property supports potential development of 56 residential units (buyer to verify), ideal for missing middle housing such as duplex, triplex, or small multifamily configurations. The existing setup includes a 3 bedroom main home and a separate 1 bedroom accessory dwelling unit that will generate approximately $3,625/month, providing immediate income while planning future development. NTM 1 zoning allows for up to 30 units per acre with a maximum of 4 units per building, creating multiple viable development strategies. Both homes have been completely remodeled. New kitchens, all new paint, new roof. Located within an Opportunity Zone, this property offers both immediate cash flow and long term upside for investors, builders, and developers.

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  • MLS#: TB8501353 ( Residential )
  • Street Address: 4105 18th Avenue S
  • Viewed: 5
  • Price: $519,900
  • Price sqft: $415
  • Waterfront: No
  • Year Built: 1922
  • Bldg sqft: 1253
  • Bedrooms: 3
  • Total Baths: 1
  • Full Baths: 1
  • Days On Market: 3

Description

One or more photo(s) has been virtually staged. NTM 1 ZONED DEVELOPMENT OPPORTUNITY WITH INCOME IN PLACE. This is a rare opportunity to acquire a cash flowing property with confirmed NTM 1 zoning, offering significant redevelopment potential in the rapidly evolving St. Petersburg market. Situated on an 8,255 SF lot with alley access, the property supports potential development of 56 residential units (buyer to verify), ideal for missing middle housing such as duplex, triplex, or small multifamily configurations. The existing setup includes a 3 bedroom main home and a separate 1 bedroom accessory dwelling unit that will generate approximately $3,625/month, providing immediate income while planning future development. NTM 1 zoning allows for up to 30 units per acre with a maximum of 4 units per building, creating multiple viable development strategies. Both homes have been completely remodeled. New kitchens, all new paint, new roof. Located within an Opportunity Zone, this property offers both immediate cash flow and long term upside for investors, builders, and developers.
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Features
Building and Construction
  • Basement: Crawl Space
  • Covered Spaces: 0.00
  • Exterior Features: Lighting
  • Flooring: Ceramic Tile, Laminate
  • Living Area: 1253.00
  • Roof: Shingle
Property Information
  • Property Condition: Completed
Land Information
  • Lot Features: Corner Lot
School Information
  • High School: Lakewood High-PN
  • Middle School: Bay Point Middle-PN
  • School Elementary: Perkins Elementary-PN
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Wall/Window Unit(s)
  • Heating: Ductless
  • Pets Allowed: Cats OK, Dogs OK, Yes
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, 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: 2025
Other Features
  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Country: US
  • Furnished: Unfurnished
  • Interior Features: Ceiling Fans(s), Living Room/Dining Room Combo
  • Legal Description: ST PETERSBURG INVESTMENT CO'S ADD TO OAK PARK LOT 9
  • Levels: One
  • Area Major: 33711 - St Pete/Gulfport
  • Occupant Type: Owner
  • Parcel Number: 27-31-16-78408-000-0090
  • Possession: Close Of Escrow
  • Style: Cottage
  • View: City
  • Zoning Code: RESI
Nearby Subdivisions
Back Bay Manor   Bayview   Bayview Terrace Roy Scotts   Bethwood Sub Rep   Bethwood Terrace   Bouwman Sub Rep   Broadwater   Broadwater Bayview Estate   Brunsondowell Sub 1   Brunsondowell Sub No. 1   Buttons F P   Childs Park   Dearmins Sub 4   Disston Terrace   Disstonia   Dolphin Cayphase 1   Fairmount Park   Forest Heights Rev   Halls Central Ave 3   Leverichs J J Add To Tourist P   Maximo Moorings   Mcclays J O Sub   Meadowville   Midwayhomesite   Paines Childs Park   Paradise Pointe   Perrys Skyview Sub   Richardsons W E   Ridgeway   Ridgewood Terrace   Salehs W B Resub   Schultz Rep Gus C   Shadow Lawn   South Shadow Lawn   St Petersburg Investment Cos A   Sutton W D   Thompson Heights Sub 1   Victory Heights   Vinsetta Park Add Rev   Vinsetta Park Annex   West Central Ave   West Shadow Lawn  
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