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1401 5th Ave N
Saint Petersburg, FL 33705 Uptown St Petersburg

$4,300,000 USD

Land For Sale  •  1.67 AC

Property Details

  • Property Type Land
  • Lot Size 1.67 AC
  • Zoning CG
60 Transit Score
60 Walk Score

Description

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.

Highlights

Estimated NOI: 214,220.19
Cap Rate: 4.98
Existing Revenue In Place Reducing Carry Cost

Property Flyers

Public Transportation

AirportDriveWalkDistance
St Pete-Clearwater International 23 min - 12.0 mi
Tampa International 30 min - 20.7 mi
Sarasota/Bradenton International 49 min - 33.3 mi
Kevin Yeager 727-214-4590 Commercial Partners Realty, Inc.
Kevin Yeager 727-214-4590 Commercial Partners Realty, Inc.