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1501 5th Ave N 0.54 Acres of Commercial Land Offered at $2,559,271 CAD in Saint Petersburg, FL 33705

Commercial Land Properties Florida Saint Petersburg 1501 5th Ave N, Saint Petersburg, FL 33705

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INVESTMENT HIGHLIGHTS

  • Located in St. Anthony’s Hospital Overlay District with FAR 2.5
  • Rare office development opportunity in high-demand CRE corridor.
  • Located walking distance to St. Anthony's.
  • Development-ready with zoning and entitlements in place.
  • Over 50,000 SF in improvements available.

EXECUTIVE SUMMARY

Development Site. Multi Family, Condominium, Work Force Housing, Micro Hotel or Office Redevelopment. Built-to-suit office building is available as an option. Site is within The St. Anthony's Hospital Overlay District and as a result, has an F A R of 2.5. Thus the site will allow for a maximum development of 58,800 Sq. Ft. mol with a 48 foot high restriction. Site is already zoned and the 2.5 FAR is automatically in place with no additional City requirements to get additional FAR. Site has flat topography with what appears to be very good drainage. Meaning we have never seen standing water on site even in heavy downpours. Site is not in an Evacuation Zone and due to a major hospital being 1 block east, we are told the power grid is one of the first to come back on line if power is even lost. Seller has survey with some topo.
Sales price is dependent upon the specific term on the Contract. This price is assuming a normal closing time line for a development considering zoning, height restriction of 48 feet and FAR of 2.5 are already in place.

PROPERTY FACTS

Price $2,559,271 CAD Property Subtype Commercial
Sale Type Investment or Owner User Proposed Use
Office
  • Multifamily
  • Medical
No. Lots 1 Total Lot Size 0.54 AC
Property Type Land
Zoning CRT 1 - Zoning classification that allows multifamily structures and may also allow for workforce housing.
Price $2,559,271 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Office
  • Multifamily
  • Medical
Total Lot Size 0.54 AC
Zoning CRT 1 - Zoning classification that allows multifamily structures and may also allow for workforce housing.

1 LOT AVAILABLE

Lot

Price $2,559,271 CAD Lot Size 0.54 AC
Price Per AC $4,739,470.49 CAD
Price $2,559,271 CAD
Price Per AC $4,739,470.49 CAD
Lot Size 0.54 AC

Development Site. Multi Family, Condominium, Work Force Housing, Micro Hotel or Office Redevelopment. Site is within The St. Anthony's Hospital Overlay District and as a result, has an F A R of 2.5.

DESCRIPTION

This site is located within the St. Anthony’s Hospital Overlay District in Saint Petersburg, offering a flexible development opportunity. The parcel features flat topography and appears to have strong drainage characteristics, as no standing water has been observed during heavy rainfall. It is not situated in an evacuation zone, and its proximity to a major hospital provides added infrastructure reliability, including priority power restoration during outages. The property is zoned and entitled with a floor area ratio (FAR) of 2.5 and a height restriction of 48 feet, allowing for approximately 58,800 square feet of potential improvements. These entitlements are already in place, requiring no additional city approvals for FAR adjustments. The site includes a survey with some topographical details and is positioned about five blocks from a core commercial office district, contributing to its strategic location within a growing urban area.

1 1
Walk Score®
Very Walkable (73)
Bike Score®
Very Bikeable (88)
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PROPERTY TAXES

Parcel Number 13-31-16-10062-000-1150 Improvements Assessment $0 CAD
Land Assessment $732,903 CAD Total Assessment $732,903 CAD

PROPERTY TAXES

Parcel Number
13-31-16-10062-000-1150
Land Assessment
$732,903 CAD
Improvements Assessment
$0 CAD
Total Assessment
$732,903 CAD
(727) 458-7171

Still interested?

Contact the broker for more information about this property

CONTACT

  • Listing ID: 35026283

  • Date on Market: 2025-03-05

  • Last Updated:

  • Address: 1501 5th Ave N, Saint Petersburg, FL 33705

The Uptown St Petersburg Land Property at 1501 5th Ave N, Saint Petersburg, FL 33705 is currently available. Contact Bridgeport South Realty Advisors for more information.

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1501 5th Ave N
(727) 458-7171 x

1501 5th Ave N

Felix Fudge
(727) 458-7171

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