2336 18th AVENUE S, St. Petersburg, FL, 33712

Prime Commercial Development Opportunity in the Heart of St. Petersburg Overview: Located in the bustling heart of St. Petersburg, Florida, this property presents an exceptional commercial development opportunity. Zoned CCT-1 (Corridor Commercial Traditional-1), it offers a versatile canvas for entrepreneurial ventures, with the added potential for multifamily residential development, accommodating up to 24 units per acre. Property Features: CCT-1 Zoning: The CCT-1 zoning designation allows for a wide range of commercial and mixed-use development opportunities, making this property an ideal investment for businesses, entrepreneurs, and developers alike. From boutique shops and cafes to office spaces and residential units, the possibilities are endless. Multifamily Potential: With the ability to develop multifamily residences at a density of up to 24 units per acre, this property presents a lucrative opportunity to address the growing demand for housing in St. Petersburg. Whether it's affordable workforce housing or upscale condominiums, the potential for residential development adds significant value to this prime location. Strategic Location: Situated in a vibrant community with easy access to major transportation routes and amenities, this property enjoys prime visibility and connectivity. Its proximity to downtown St. Petersburg, waterfront attractions, and cultural hotspots enhances its appeal for both commercial and residential purposes. Investment Highlights: Versatile Development Potential: With its flexible zoning and multifamily residential allowance, this property offers investors the chance to create a diverse and dynamic development that meets the needs of the community while maximizing returns on investment. Thriving Urban Environment: St. Petersburg's vibrant urban landscape, rich cultural scene, and strong economic growth make it an attractive destination for businesses and residents alike. Investing in this property means becoming part of a dynamic and evolving community with limitless opportunities for success. Long-Term Value: As St. Petersburg continues to experience growth and development, properties like this one are poised to appreciate in value over time. Whether you're looking to establish a commercial enterprise, develop residential units, or both, this investment promises long-term value and prosperity. Act Now: Don't miss out on this rare opportunity to capitalize on the potential of CCT-1 zoning in the heart of St. Petersburg. Contact us today to learn more about this prime commercial development property and start turning your vision into reality.

Listing courtesy of RE/MAX Metro Phone: 727-896-1800