$899,000 • living size area 2534 sqft

A 180 feet of frontage by 100 feet deep on central avenue in the grande central district. zoning is cct-2. a f.a.r. ratio of 2.5 in the residential density within activity center allowing 60 units per acre, hotel density 80 rooms per acre, building height up to 72 feet. this tight area represents the highest density allowed in the grande central district. an example is 22 condos at $160,000 for construction per unit. $43,000 a door = 200,000 cost with retail sales of $350,000-$400,000. this can include 42 parking spaces with curb parking spaces and 5 retail spaces on bottom at 4,000 sq. feet giving additional income, and allowing a 25’ x 30’ vestibule with engineering space.this area is rich in new and popular breweries, historic gas stations turned into restaurants and art galleries, live-work high-end international hot glass studios and galleries. the popular, growing and renowned historic neighborhood of kenwood borders this lucrative area of central avenue, drawing people to this community of porch parties and artists enclaves. the outbuildings, garage and what is attached to the land will remain with the land including grease traps. st petersburg is #15 in the nation for small businesses and #6 for annual revenue (biz2credit,2016).

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