Land For Sale • 1.67 AC
A prime 1.67-acre development site in downtown St. Petersburg, Florida, sits adjacent to Saint Anthony’s Hospital, offering exceptional potential for workforce housing or mixed-use. Currently undergoing rezoning to the CRT-1 (Corridor Residential Tradition-1) or potential Live Local options for redevelopment, the parcel is ideally positioned to support higher-density, mixed-use residential projects that address the area’s growing demand for attainable housing options near major employment centers, medical facilities, and transit corridors. Its central location provides convenient access to downtown amenities, while the proposed zoning changes would enable compatible development that promotes walkability and community vitality in one of St. Pete’s most dynamic urban neighborhoods.
| Estimated NOI: 214,220.19 |
| Cap Rate: 4.98 |
| Existing Revenue In Place Reducing Carry Cost |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| St Pete-Clearwater International | 23 min | - | 12.0 mi |
| Tampa International | 30 min | - | 20.7 mi |
| Sarasota/Bradenton International | 49 min | - | 33.3 mi |