Approved High-Rise Multifamily Development
For Sale
Contact for pricing
770 4th Avenue North, St Petersburg, FL 33701
An approved 18-story, 150-unit multifamily project site in downtown St. Petersburg with ready-to-advance project materials.
Property Size160,000 SF
Price / SF$50.19
Days on Market103
Property Features for 770 4th Avenue North
General Information
Standard status
Active
Size
160,000 SF
Class
A
Property subtype
Multifamily
Zoning
DC-2
Additional Details
Highway Access
Yes
Multifamily Units
150
Building Details
Buildings
1
Stories
18
Units
61
Listing Agency:
GREA
Listed By:
Ken Wellar · License #PA 10401252368
Source:
Crexi
Added: May 28
Changed: Aug 26
Last Checked: Sep 6 at 4:34PM
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 GREA
Investment Insights
Based on property information with market context.
This development site is approved for an 18-story, high-rise multifamily tower totaling 150 units under the DC-2 Downtown Center zoning district. The package of existing planning materials supports advancement of the project, including schematic design drawings, structural and MEPF narratives, outline specifications, survey, geotechnical report, traffic impact analysis, and value engineering materials. City approval and extension documentation are also included, providing a head start for a buyer, developer, or capital partner.
The site is positioned along 4th Avenue North in downtown St. Petersburg with frontage on the avenue. It abuts I-375 on its northern boundary, offering immediate freeway visibility and convenient on/off access for residents. It sits one block north of Mirror Lake Park, and the historic Coliseum event venue borders the property to the east.
For tenants and operators, the approved high-rise format and efficient unit mix are designed around downtown renter needs, supporting a differentiated vertical residential product within a constrained urban infill environment. For developers and investors, the included diligence package reduces early-stage work and supports continued entitlement and construction planning for a permitted multifamily tower.
The site is positioned along 4th Avenue North in downtown St. Petersburg with frontage on the avenue. It abuts I-375 on its northern boundary, offering immediate freeway visibility and convenient on/off access for residents. It sits one block north of Mirror Lake Park, and the historic Coliseum event venue borders the property to the east.
For tenants and operators, the approved high-rise format and efficient unit mix are designed around downtown renter needs, supporting a differentiated vertical residential product within a constrained urban infill environment. For developers and investors, the included diligence package reduces early-stage work and supports continued entitlement and construction planning for a permitted multifamily tower.
Key Highlights
- Approved 18‑story, 150‑unit multifamily development project in downtown St. Petersburg
- DC‑2 Downtown Center zoning district
- Frontage on 4th Avenue North in the Mirror Lake neighborhood
Property Analytics
Property Profile
Current Use
Lease Details
150
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
6,830
Businesses Nearby
Explore this area
Business Placement
Demographics for 33701, FL
19,137
Population
13,434
Households
1.4
Avg Household Size
48
Median Age
55%
College-Educated
96%
High-School Grad
2.7 sq mi
ZIP Area
7,088
Density / Sq Mi
$69,098
Median Household Income
$48,072
Median Earnings
$1,531
Median Rent
$590,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - An approved 18-story, 150-unit multifamily project site in downtown St. Petersburg with ready-to-advance project materials.
Where is this apartment building located?
The property is located at 770 4th Avenue North St Petersburg, FL.
What is the asking price?
The asking price for this property is $8,030,000.
What are key features of this property?
This property features: Approved 18‑story, 150‑unit multifamily development project in downtown St. Petersburg; DC‑2 Downtown Center zoning district; Frontage on 4th Avenue North in the Mirror Lake neighborhood
