4754 1ST AVENUE N at

4754 1ST AVENUE N

For sale Days on market 58

$375,000

$394/sq ft

$40,000
Price Increased

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Overview

Bedroom

Bath

Year Built

1939

Garage

Sqft

952

Property Type

Single Family Residence

Property Description

Under contract-accepting backup offers. Calling all developers or investors looking for a lucrative covered land opportuntiy priced at pre-zoning change values. This 3-bedroom, 2-bathroom home with a detached garage is located within a designated Activity Center just a quarter mile from the SunRunner rapid transit line, directly in the path of a significant zoning change that now allow buildings up to 86 feet tall and up to a FAR of 5.0 (allowing 25,000 square feet), with no minimum parking requirements. Developers and investors: this is a classic covered land play, collect rental income on the existing home while positioning for a mid-rise or mixed-use development as the surrounding corridor transforms into the walkable, mixed-use district it's being rezoned to become. The detached garage offers strong conversion potential into a 1-bedroom, 1-bathroom rental unit as well, adding income to your investment. For the homeowner or flipper, this is a solid residence in a neighborhood on the verge of a major shift, live here, rent it, or hold it. Priced before the market catches up.

Property Details

MLS#

TB8493253

Garage

Total Floor in Bldg

Address

4754 1ST

City

St Petersburg

State/county

Zip/Postal Code

33713

Area

Central Park Rev

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$4,838

Maint Fee

$--

Tax Year

2025

Dishwasher

Range

Refrigerator

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