4 Beds
2 Baths
1,713 SqFt
4 Beds
2 Baths
1,713 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,713 sqft
Price per Sqft $268
Subdivision Cromwell Heights
MLS Listing ID TB8447251
Bedrooms 4
Full Baths 2
HOA Y/N No
Year Built 1938
Annual Tax Amount $5,240
Lot Size 0.290 Acres
Acres 0.29
Lot Dimensions 100x127
Property Sub-Type Single Family Residence
Source Stellar MLS
Property Description
Turnkey Duplex + Rare NTM-1 Double Lot in South St. Pete
Unlock immediate cash flow and massive future development potential in one acquisition. Sitting on a sprawling 12,700 sq. ft. double lot (100 x 127), this property features a fully renovated 3-bed/1-bath main house and a spacious, separate 1-bed/1-bath ADU. Both units are vacant, move-in ready, and separately metered, featuring solid hardwood floors, updated kitchens, New Roofs (2021), and New ACs (2018).
The Value Play: While the existing structures generate immediate rental income, the rare NTM-1 zoning offers incredible upside. The lot allows for up to 8 total residential units. You can build 3-4 units immediately on the vacant portion of the lot while renting the existing homes, or plan a full 8-unit redevelopment for maximum equity.
Located just 1 mile from the ARC Innovation District, Bayfront Health, and Downtown St. Pete, this is a secure foothold in a rapidly appreciating corridor. Buyer to verify all development projections with the City.
Location
State FL
County Pinellas
Community Cromwell Heights
Area 33705 - St Pete
Zoning NTM-1
Direction S
Rooms
Other Rooms Attic, Family Room, Florida Room, Garage Apartment
Interior
Interior Features Ceiling Fans(s)
Heating Electric
Cooling Central Air
Flooring Ceramic Tile, Concrete, Tile, Wood
Furnishings Unfurnished
Fireplace false
Appliance Convection Oven, Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
Laundry Washer Hookup
Exterior
Exterior Feature Garden
Parking Features Alley Access
Fence Chain Link, Fenced, Wood
Utilities Available Cable Available, Electricity Available, Electricity Connected, Public, Sewer Available, Sewer Connected, Water Available
Roof Type Shingle
Porch Front Porch, Screened
Garage false
Private Pool No
Building
Lot Description Landscaped, Level, Oversized Lot
Story 1
Entry Level One
Foundation Crawlspace
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Architectural Style Bungalow
Structure Type Frame
New Construction false
Schools
Elementary Schools Campbell Park Elementary-Pn
Middle Schools John Hopkins Middle-Pn
High Schools Gibbs High-Pn
Others
Pets Allowed Cats OK, Dogs OK, Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8447251
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Broker-Owner | Lic# N:BK3250847 | G:BK3463706