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Approved Multifamily Construction Opportunity
For Sale
$2,800,000

1750 2ND AVENUE N, St Petersburg, FL 33713

Land with approved plans for 33 new construction rental apartments.

Property SizeContact for details
Lot Size0.15 Acres
Days on Market805

Property Features for 1750 2ND AVENUE N

General Information

Standard status Active
Lot size 0.15 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $4,012

Amenities

Pool
Public Pool
Listing Agency: MCBRIDE KELLY & ASSOCIATES
Listed By: CRAIG CLARK · License #3369361
Source: Corcoran
Added: May 28, 2024 Changed: Aug 8 Last Checked: Aug 8 at 6:06AM

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 MCBRIDE KELLY & ASSOCIATES

Investment Insights

Based on property information with market context.

This property presents a pre-construction, ground-up multifamily opportunity with approved plans for 33 new construction rental apartments. It is situated in the Edge District of downtown St. Petersburg, a location recognized as a top-ranked area in Forbes magazine and one of the most desirable rental districts in the Tampa/St. Pete area. The site is within walking distance of restaurants, the pier, bars, and local art galleries, offering access to the bay area's amenities. The property is also located a few miles from top-ranked beaches. Architectural plans and construction bids are available. A builder is under contract and prepared to commence construction promptly. The land is fully entitled with complete architectural blueprints, allowing for high rent yields.

Key Highlights

  • Approved plans for 33 new construction rental apartments.
  • Located in the highly desirable Edge District of downtown St. Pete.
  • High rent yields expected.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Veterinary Clinic Computer & Electronic Repair Locksmith Pharmacy (Bike/Boat/Book/etc) Store Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,723
Businesses Nearby

Demographics for 33713, FL

31,321
Population
16,192
Households
1.9
Avg Household Size
42
Median Age
35%
College-Educated
91%
High-School Grad
6.5 sq mi
ZIP Area
4,819
Density / Sq Mi
$69,704
Median Household Income
$43,282
Median Earnings
$1,387
Median Rent
$279,000
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Land with approved plans for 33 new construction rental apartments.
Where is this commercial land located?
The property is located at 1750 2ND AVENUE N St Petersburg, FL.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: Approved plans for **33 new construction rental apartments**.; Located in the highly desirable Edge District of downtown St. Pete.; High rent yields expected.
More about this property
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