2750 34th St S, St Petersburg, FL 33711

This prime 3.86 +/- acre development site is located in St. Petersburg. The site's location offers potential for a high-density, single or mixed-use development. It has visibility from I-275 and 34th St S (US-19), with ingress/egress off of 34th St S (US-19). With frontage along 34th Street S/US-19, the site also provides access to both northbound and southbound lanes of I-275. Preliminary architectural test fits indicate a substantial high-density multifamily development potential of approximately 316 units. This density is based on using either SB328 - Live Local Act (LLA) or Section 17.5 of the City of St Petersburg Code, with the potential for up to 82 units per acre in a 7+ story building. The property's proximity to RC-1 Activity Center Zoning and development regulations appear support these re-development potentials for the site - thus making it an ideal opportunity for a high-density single or mixed-use project. The site is currently developed with a small church building on one parcel and is vacant land on the other. The site's limited existing structures and utilities on-site should prove to be advantageous in creating efficiencies for a redeveloped site. Preliminary conversations with the City of St Petersburg indicate that the drainage easements can be handled as a part of any well thought out site plan, and as long as those changes are adequate, the City would likely support the same, thereby unifying the 2 parcels into one.