1501 5th Ave N
Saint Petersburg, FL 33705 Uptown St Petersburg

This site is located within the St. Anthony’s Hospital Overlay District in Saint Petersburg, offering a flexible development opportunity. The parcel features flat topography and appears to have strong drainage characteristics, as no standing water has been observed during heavy rainfall. It is not situated in an evacuation zone, and its proximity to a major hospital provides added infrastructure reliability, including priority power restoration during outages.
The property is zoned and entitled with a floor area ratio (FAR) of 2.5 and a height restriction of 48 feet, allowing for approximately 58,800 square feet of potential improvements. These entitlements are already in place, requiring no additional city approvals for FAR adjustments. The site includes a survey with some topographical details and is positioned about five blocks from a core commercial office district, contributing to its strategic location within a growing urban area.