Property profile

1720 2Nd Ave N St Petersburg, FL 33713

FOR SALE
Commercial land
Property ID
US18-6061438
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Property summary

AI-generated overview

The property consists of two adjacent lots in St. Petersburg, located at 1720 and 1726 2nd Ave N, which are zoned DC-2. Together the lots total 12,700 square feet with approximate dimensions of 100 by 127 feet. The site is situated two blocks north of Central Ave, near the Edge District and Grand Central, and is within walking distance of the shops, restaurants, and bars along Central Ave. DC-2 zoning permits mixed-use or residential development, including apartments, condos, or townhouses with rooftop decks. The property has previously been supported by conceptual designs (by Behar + Peteranecz) showing two buildable development options: (1) 3-story residences with roof decks, over 1,900 square feet of living space, and ground-level garages, and (2) a multi-unit apartment/condo configuration with 32 units, with an indicated potential for expansion to 54 units through a bonus approval process. The site fronts a tree-lined brick street.

Property profile

Verified
Property type Commercial land
UPID US18-6061438

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1720 2Nd Ave N St Petersburg, FL 33713
St Petersburg metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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