Price Reduced 14.29%
Price History
$350,000
2/7/2024
$300,000
2/17/2024
3867 18th AVENUE S, St. Petersburg, FL, 33711
6 rooms
2 beds
1 Full baths
1960
1,080 sqft
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.
Status:
Active
Type:
Single-family residential
Laundry Remarks:
Laundry Room
Subdivision:
LINNWOOD PARK
Garage:
2-car
Heating:
Space Heater
Cooling:
Wall/Window Unit(s)
Levels:
1
Lot Size:
46 x 113
Acreage:
0.12
Est. Taxes:
$1,435
Construction
Stucco, Wood Siding
Utilities
BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Fiber Optics, Phone Available, Public, Sewer Available, Sewer Connected, Street Lights, Water Available, Water Connected
Days on Market:
23
Appliances:
Refrigerator
Min Lease Term:
No Rent
MLS #:
T3502519
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of SERRALLES GROUP,INC Phone: 813-307-0007