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Investment Highlights

  • DC-2 Zoning. Entitled for FAR 3.0. Can get FAR up to 7.0 with public hearing.
  • Ideal for micro-apartment development of 50-100 units. Very low per door cost.
  • 0.7 miles SE of the proposed $6.8B Cathie Woods/Ellison Construction redevelopment of Gas Plant / Tropicana field.

Executive Summary

Property is located in an Opportunity Zone. Lots of newer construction apartments within blocks of site. Walk to hotels, restaurants, and much more. This site would be great for micro-apartment development of 50-100 units. Strong demand for efficiency apartments in this area. Rents exceeding $4 a ft are achievable for the right product.

Property Facts

Price $4,793,985 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 0.33 AC
Opportunity Zone Yes
Zoning DC-2

1 Lot Available

Lot

Price $4,793,985 CAD
Price Per AC $14,396,351.02 CAD
Lot Size 0.33 AC

1/3rd acre multi-family site in downtown St Pete with DC-2 Zoning. Entitled for FAR 3.0. Can get FAR up to 7.0 with public hearing. In the central business district of St Pete, units under 750 sq feet do not require parking.

Description

Prime downtown development parcel—DC-2 zoning—steps to the EDGE/Grand Central corridors and the Tropicana/Gas Plant District. 0.7 miles SE of the proposed $6.8B Cathie Woods/Ellison Construction redevelopment of Gas Plant / Tropicana field. The immediate area is already experiencing significant development with a high probability of once-in-a-generation development coming in the next few years. Site could work as a flagged extended stay hotel or boutique apartments. Flood zone X.

Moderately walkable
70/100
Moderately drivable
70/100
Some public transit
50/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
24-31-16-29718-008-0010
Land Assessment
$693,485 CAD
Improvements Assessment
$0 CAD
Total Assessment
$693,485 CAD
  • Listing ID: 38335317

  • Date on Market: 2025-11-05

  • Last Updated:

  • Address: 1700 Burlington Ave N, Saint Petersburg, FL 33713

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