3867 18th Avenue S, ST PETERSBURG, FL

About 3867 18th Avenue S

Motivated Seller!! This property is perfect for investors. Cash offers preferred. Current structure will not pass a 4 point inspection. It's a corner lot on a major thoroughfare that was just recently re-zoned for multi-family development. The home that currently stands on the parcel is a 2 bedroom 1 bath single family home with a large attached unfinished garage. The new zoning guidelines allow for 30 units per acre, and 36 feet to the top of the roof peak. This property includes 3 cut curbs/driveways as well as alleyway access, and a partially finished garage. For the right investor and/or developer it's a diamond in the rough. The median rental rate for a 2 bedroom in the area according to Zillow is $2,500, and with the ability to convert this lot to house 4 such units, possible gross rental income could yield $10,000 per month or more. Gulfport is less than 2 miles away, and Downtown St. Pete is less than 5 miles away. This lot is accessible by car, bike, walk up or bus. Call the listing agent today to schedule a tour and submit your offer. The parcel is being sold "As Is", and the price is firm.

Residential home for sale in ST PETERSBURG, FL at 3867 18th Avenue S. This 2 bedroom Residential home is priced at $278/sqft

Map To 3867 18th Avenue S, ST PETERSBURG