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31658190
31658191

1401 5th Ave N, St. Petersburg, FL 33705

HP
FL FL 3365030
Commercial Partners Realty
KY
FL 3067803
Commercial Partners Realty
Listed by Commercial Partners Realty
$4,300,000
51 days on market
Updated 51 days ago

Downtown Development Opportunity

Details
Property Type Land
Sub Type Commercial, Residential
Pro-Forma Cap Rate 4.98%
Pro-Forma NOI $214,220
Acreage 1.670
Zoning CG

Land | 1.67 acres

Marketing 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.

Listing Contacts

HP
FL FL 3365030
Commercial Partners Realty
KY
FL 3067803
Commercial Partners Realty
Listed by Commercial Partners Realty

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Additional Information

Name
Hayden Peiker
License
FL 3365030
Brokerage
Commercial Partners Realty
Title
Associate
Brokerage Address
877 Executive Center Drive West
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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