1712 4Th St St. Petersburg, FL 33701
- Land
- 2.94 lot acres
Current Use by Public Records
- Land
Property Details for 1712 4Th St
- Lot size
- 2.94 lot acres
- Property type
- Land
Description
This exceptional 2.94-acre commercial land parcel in St. Petersburg, Florida, presents a unique investment opportunity. Located at 1712 4th St S, in the Bartlett Park neighborhood, this property boasts excellent accessibility via 4th Street, with additional access points from 17th and 18th Streets. The site's history includes the former Wedgewood Inn and Ranchero Restaurant, situated on Salt Creek. The Bartlett Park neighborhood is undergoing significant transformation, positioned between the urban core, the bay, and suburban residential areas. The City of St. Petersburg has invested substantially in improvements to the adjacent 30-acre Bartlett Park, including new athletic fields, water features, an observation deck, fishing docks, expanded hiking trails, and renovated recreational facilities. While the area has a high percentage of residents below the poverty line, the ongoing city investment signals potential for future growth and development. This property offers significant potential for redevelopment, capitalizing on its prime location and the ongoing revitalization efforts within the community. The 33701 zip code provides easy access to the city's amenities and transportation networks. This is a rare opportunity to acquire a substantial land parcel in a dynamic and evolving area of St. Petersburg. The asking price is $2,862,000.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- St. Petersburg
- County
- Pinellas
- State
- Florida
- Longitude
- -82.6384
- Latitude
- 27.7529