1720 2ND Avenue N

Description

Attention: Developers of attached product including but not limited to to Townhomes, apartments or SFH + ADU offered for immediate sale is the assemblage of two, DC-2 Zoned, contiguous lots totalling 12,700 square feet in the burgeoning Edge District of Downtown St. Petersburg. This properties location sits mere blocks from the 80+ Acre Tropicana Redevelopment site and appears to allow for a variety of redevelopment opportunities including Mid-rise Apartment building & Condos, hotel, retail or office with town-home to re-sell or hold for income also attractive options. FAR starts @ 3.0 with many of the neighboring developments securing a total FAR of 7.0! DC-2 zoning allows for a base height of 125' with a max of 200' through approval with St. Pete Development Review Committee. For Townhome developers this side appears to comfortably allow for 12 units with conceptual plans already in-hand from a local well known Architecture Firm and will be available with effective contract. These Architect proposed conceptual plans for the site target between 1900 and 2200 square foot, 3 story(+rooftop) living areas and 1+car garages on the first floor. Located just two blocks north of Central Avenue's dining, museum & shopping destinations, on a much quieter brick street lined with large shade trees, this location is in exceptionally high-demand and Neighbors include a 6 story, 74 unit (micro-unit) apartment building proposed at 200 17th Street N. Subject Properties sit high & dry out of evacuation zones but do sit in a Qualified Federal Opportunity Zone!! Listing only sold together with MLS#U8204488 for combined land value only.