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Other Land - KELLHURST SUB 2ND PT REP for Sale

3434 6TH N, ST PETERSBURG, FL 33713

Asking Price$599,000 Change Price$51,000

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  • Days on market:

    202 day(s)
  • Original Price:

    $700,000
  • Tax Legal Description:

    KELLHURST SUB 2ND PART REP BLK 1, LOT 1
  • Tax Year:

    2024
  • Property Type:

    Land
  • Special Listing Conditions:

    None

Description

$599,000

One or more photo(s) has been virtually staged. big price drop! new roof installed before closing! good for 30 days only! a true triple lot (150x110) that is zoned ccs-1, which allows for 15 units/acre for a highest and best use redevelopment of 3 luxury single family homes or 6 townhomes. the ccs-1 zoning code promotes a 36 ft building height, a floor area ratio of 0.55, and impervious coverage ratio of 0.85, and 20 foot interior setbacks. based on this analysis, the redevelopment would be for 3 single family homes measuring around 3,000 sqft or 6 townhomes measuring around 2,000 sqft. resale value for the townhomes would be around $700,000 per townhome or $1,000,000 per single family home. the property currently has two single family residences that are being rented. his offering is for the land only. permits and plans are not available. renderings are artistic representation only. verify all zoning information with the city of st pete. don’t delay, call today and take advantage of one of the last remaining oversized land values in st pete!

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