One or more photo(s) has been virtually staged. MOTIVATED SELLER: Substantial Closing Discount + Call for Additional Incentives!
Turnkey Duplex + Rare NTM-1 Double Lot in South St. Pete
Unlock immediate cash flow and massive future development potential in one acquisition. Sitting on a sprawling 12,700 sq. ft. double lot (100 x… Read More 127), this property features a fully renovated 3-bed/1-bath main house and a spacious, separate 1-bed/1-bath ADU. Both units are vacant, move-in ready, and separately metered, featuring solid hardwood floors, updated kitchens, New Roofs (2021), and New ACs (2018).
The Value Play: While the existing structures generate immediate rental income, the rare NTM-1 zoning offers incredible upside. The lot allows for up to 8 total residential units. You can build 3-4 units immediately on the vacant portion of the lot while renting the existing homes, or plan a full 8-unit redevelopment for maximum equity.
Located just 1 mile from the ARC Innovation District, Bayfront Health, and Downtown St. Pete, this is a secure foothold in a rapidly appreciating corridor. Buyer to verify all development projections with the City. Read Less
Courtesy of ATLAS REALTY GROUP 813-428-7480
Listing Snapshot
Days Online
22
Last Updated
Property Type
Single Family Residence
Beds
4
Full Baths
2
Square Ft.
1,713
Lot Size
0.29 Acres
Year Built
1938
MLS Number
TB8447251
Additional Details
Property Access
Road Surface: Asphalt
Appliances & Equipment
Convection Oven, Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
Building
Built in 1938, Living area: 1713, Living area units: Square Feet, Building faces North, 1 storey, Levels: One, Construction Materials: Frame
Cooling
Central Air
Exterior Features
Patio/Porch Features: Front Porch, Screened, Garden
Fence
Chain Link, Fenced, Wood
Floors
Ceramic Tile, Concrete, Tile, Wood
Foundation
Crawlspace
Heating
Electric
Interior Features
Ceiling Fans(s)
Laundry
Washer Hookup
Lot
0.29 acres, Dimensions: 100x127, Landscaped, Level, Oversized Lot
Parking
Alley Access
Pets Policy
Allowed: Cats OK, Dogs OK, Yes
Roof
Shingle
Sewer
Public Sewer
Taxes
Additional parcels description:, Parcel Number: 25-31-16-19350-001-0050, Public Survey Range: 16, Public Survey Section: 25, Annual Amount: $5,240.73, Tax Block: A, Tax Book Number: 1-12, Legal Description: CROMWELL HEIGHTS BLK A, LOTS 5 AND 6, Lot: 5, Year: 2025, Zoning: NTM-1
Utilities
Cable Available, Electricity Available, Electricity Connected, Public, Sewer Available, Sewer Connected, Water Available, Water Source: Public
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