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.
Features
Building and Construction
Covered Spaces: 0.00
Exterior Features: Lighting, Private Yard
Flooring: Tile, Wood
Living Area: 1897.00
Roof: Shingle
Land Information
Lot Features: Corner Lot, City Limits, Irregular Lot, Oversized Lot, Sidewalk
School Information
High School: St. Petersburg High-PN
Middle School: John Hopkins Middle-PN
School Elementary: Woodlawn Elementary-PN
Garage and Parking
Garage Spaces: 0.00
Open Parking Spaces: 0.00
Parking Features: Alley Access, Boat, Circular Driveway, Converted Garage, Driveway, Guest, Off Street
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