500 BAYVIEW DR NE St Petersburg FL 33704-2461

PRIME DEVELOPMENT OPPORTUNITY - Bridgewater Commercial Real Estate is pleased to present 500 Bayview Dr NE to the market – an 8 unit multifamily property in the heart of Snell Isle. The property consists of two separate quadruplexes sharing a parking lot, located directly across the street from the water. Buyers have the option to renovate three of the units on the first floor and continue operating the property as a traditional multifamily investment, or take advantage of the NSM-1 zoning and redevelop on over a half-acre lot in one of St. Pete’s most sought after neighborhoods.

• Prime opportunity to either renovate existing units, or redevelop either another Multifamily property, Single Family Homes, or other allowed uses

• NSM-1 zoning allows for Single Family homes, Multifamily dwellings, Assisted Living Facilities, Adult Daycare, Country Clubs, Schools, and more