Overview
- Property ID
- 342405
- Updated On:
- August 29, 2024
- 1,016 ft2
Description
*Commercial Development Opportunity* Located in the rapidly developing area of St. Petersburg, this is an excellent investment opportunity for developers, businesses, and investors looking to capitalize on the growth of the area. There are two adjacent lots, with one lot being an oversized corner lot for a total of 22,346 sq ft with both parcels. These parcels are located in the desired St. Petersburg Community Redevelopment Area (CRA), which is an opportunity zone to allow for more opportunities and incentives for development. The flexible zoning requirements allow for mixed-use developments, multifamily, affordable housing, retail spaces and more. With the area experiencing a rapid growth and a high demand for housing, this presents a lucrative investment opportunity. This is located approximately 1 mile from Tropicana Field and less than 5 minutes to Downtown St. Petersburg. Don’t miss out on this valuable opportunity to obtain commercial land in the heart of St. Petersburg.
- Principal and Interest
- Property Tax
- HOA fee