Two-Story Flex Building with
For Sale
Contact for pricing
Pending
427 24th Street South, St Petersburg, FL 33712
Two-story building on an industrial-traditional lot, currently operating as a two-unit multifamily property with expansion options.
Property Size2,125 SF
Lot Size0.15 Acres
Days on Market133
Property Features for 427 24th Street South
General Information
Standard status
Pending
Size
2,125 SF
Lot size
0.15 Acres
Property subtype
Multifamily, Industrial
Zoning
Industrial Traditional
Additional Details
Multifamily Units
2
Building Details
Year Built
1915
Stories
2
Listing Agency:
AXXOS
Listed By:
Jon Reno La Budde · License #FL 3088599
Source:
Crexi
Added: Apr 11
Changed: Aug 14
Last Checked: Aug 19 at 7:15PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of AXXOS
Investment Insights
Based on property information with market context.
Two-story building totaling 2,125 sf sits on a 6,350 sf land parcel and is currently used as a two-unit multifamily property. Built in 1915, the structure also appears to have had a retail element on the bottom floor. Zoning is Industrial Traditional, and the current configuration may be transformed into four units depending on redevelopment scope.
The building is positioned on the northern part of the lot, leaving a vacant southern portion. That layout may support constructing an additional building and paving the northern area for parking. The site may also be developed from scratch, with suitability described for uses such as warehouse and office, artist studios, or live/work unit concepts. The lot across the street to the east is being developed as a contractor’s headquarters.
For buyers seeking a land-and-structure opportunity in this area, this offering provides a dated, older building with redevelopment flexibility under Industrial Traditional zoning.
The building is positioned on the northern part of the lot, leaving a vacant southern portion. That layout may support constructing an additional building and paving the northern area for parking. The site may also be developed from scratch, with suitability described for uses such as warehouse and office, artist studios, or live/work unit concepts. The lot across the street to the east is being developed as a contractor’s headquarters.
For buyers seeking a land-and-structure opportunity in this area, this offering provides a dated, older building with redevelopment flexibility under Industrial Traditional zoning.
Key Highlights
- 2‑story 2,125 SF building on a 6,350 SF lot in an Industrial Traditional zoning area
- Currently operating as a 2‑unit multifamily property, with potential to convert to 4 units
- Zoning supports potential live/work layout with bottom‑level warehouse/office/workshop and top‑level living/office space
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,041
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33712, FL
26,395
Population
13,055
Households
2
Avg Household Size
41
Median Age
30%
College-Educated
91%
High-School Grad
6.4 sq mi
ZIP Area
4,124
Density / Sq Mi
$57,729
Median Household Income
$39,589
Median Earnings
$1,440
Median Rent
$300,600
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Two-story building on an industrial-traditional lot, currently operating as a two-unit multifamily property with expansion options.
Where is this flex space located?
The property is located at 427 24th Street South St Petersburg, FL.
What are key features of this property?
This property features: 2‑story 2,125 SF building on a 6,350 SF lot in an Industrial Traditional zoning area; Currently operating as a 2‑unit multifamily property, with potential to convert to 4 units; Zoning supports potential live/work layout with bottom‑level warehouse/office/workshop and top‑level living/office space
