3170 5th Ave South, St. Petersburg, is Ready for CRA & developers, to build the next project or maybe car storage unit. This vacant lot encompassing three additional parcels, offering a prime opportunity for businesses seeking to establish their presence in a thriving industrial suburban setting. Spanning across a vast expanse, this land promises to be the perfect canvas for the next successful venture, boasting an array of features and advantages that make it an ideal location for various business ventures.
Nestled within the heart of St. Petersburg, this vacant lot benefits from its strategic location, providing easy access to major transportation routes and a bustling network of commercial hubs. With close proximity to highways, ports, and airports, transportation of goods and materials becomes seamless, reducing operational costs and expanding market reach.
The industrial zoning of this land further enhances its allure, ensuring a harmonious coexistence of businesses and industrial activities. It opens doors to a plethora of possibilities for manufacturing, warehousing, logistics, and distribution businesses to flourish. Such an environment promotes synergy and collaboration among companies, contributing to an ecosystem that fosters growth and innovation.
The vacant lot's suburban setting is another advantage, offering a balance between urban convenience and a tranquil work environment. Employees can enjoy a relaxed atmosphere, away from the hustle and bustle of the city, yet still have access to urban amenities and services. This unique blend creates a positive work-life balance, making it an attractive proposition for employees and businesses alike
Additionally, the three additional parcels adjacent to the main lot offer valuable expansion opportunities. Businesses can choose to expand their operations as they grow, eliminating the need for relocation and ensuring long-term stability. This flexibility enhances the land's value, allowing entrepreneurs to envision their business scaling new heights without being limited by space constraints.
St. Petersburg's business-friendly policies and supportive local community further amplify the appeal of this industrial suburban land. The city's commitment to economic development and prosperity creates a conducive environment for business growth, attracting investors and entrepreneurs from various sectors.
3170 5th Ave South, St. Petersburg, stands as a vacant lot with three additional parcels, offering industrial suburban land at its finest. With its strategic location, industrial zoning, suburban charm, and ready-to-use infrastructure, it provides a solid foundation for the next business venture seeking growth, success, and a place to thrive in the heart of St. Petersburg's vibrant industrial landscape. City is not considering any rezoning for residential. at this time for this parcel. 3148, 3136, 3134 5th Ave South.
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NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $164,000 | $164,000 | $164,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.133% | 6.256% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,119 | $1,090 | $1,383 |
Total Monthly Payment | $1,194 | $1,165 | $1,458 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.