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Faits saillants de l'investissement

  • Pinellas Trail Frontage
  • Existing Event Space
  • IT Zoning

Résumé de l'annonce

Sunline St. Pete presents one a significant mixed-use and multifamily development opportunities along the western edge of Downtown St. Petersburg. Located in the heart of the Warehouse Arts District on approximately 2.33–2.4 acres, the property spans more than 600 linear feet along the Pinellas Trail and sits within one of the city’s fastest-growing corridors for redevelopment, placemaking, and cultural growth. The property includes an existing 4,000 SF warehouse currently operating as a glass-blowing studio, gallery, and event space.
The site occupies a strategic position between Downtown St. Petersburg, the Historic Gas Plant District redevelopment around Tropicana Field, the Deuces Corridor, and the Warehouse Arts District. As St. Petersburg continues to emerge as one of the Southeast’s premier urban lifestyle markets, the western downtown corridor has become a point of multifamily development, adaptive reuse, hospitality, entertainment, and experiential retail. Sunline St. Pete sits directly within that convergence.
Unlike many urban infill opportunities dependent on future vision, this property is embedded within an active neighborhood ecosystem. The surrounding district has evolved into one of the city’s defining creative and cultural centers, fueled by arts, breweries, fitness concepts, galleries, entertainment venues, maker spaces, and adaptive industrial redevelopment. Nearby destinations include the ArtsXchange campus, The Factory St. Pete, Morean Center for Clay, Duncan McClellan Gallery, 3 Daughters Brewing, Bayboro Brewing, Concrete Jungle Coffee, Golfology, and St. Pete Athletic, creating a highly walkable area with activity throughout the day and evening.
St. Pete Athletic has emerged as a major lifestyle anchor within the district. The recently expanded concept blends pickleball, padel, fitness, dining, bars, gathering spaces, and event programming into a community-driven destination centered around wellness, hospitality, and social interaction. Its success reflects the broader evolution of the Warehouse Arts District into an authentic live-work-play neighborhood increasingly sought after by residents, developers, and businesses relocating to St. Petersburg.
The property’s direct frontage along the Pinellas Trail further distinguishes it from traditional development sites. More than a recreational amenity, the trail serves as a major urban connector linking Downtown St. Petersburg, Grand Central, the Warehouse Arts District, Gulfport, and broader Pinellas County through an active pedestrian and bicycle network. The trail has become one of the city’s defining infrastructure assets, driving residential demand, hospitality activity, outdoor dining, wellness-oriented uses, and pedestrian traffic throughout surrounding neighborhoods. Few sites offer this level of integration with the trail while remaining minutes from Downtown.
The recently adopted SunRunner TEC Local Overlay has significantly expanded the corridor’s long-term development potential. Designed to encourage transit-oriented mixed-use development while preserving the creative-industrial identity of the Warehouse Arts District, the overlay supports multifamily residential, hospitality, office, retail, arts production, restaurants, breweries, co-working concepts, live/work environments, and creative employment uses.
Importantly for developers, the overlay permits projects to achieve up to 5.0 FAR through incentive bonuses tied to workforce housing, public space integration, activated trail frontage, affordable commercial space, and target employment uses. Minimum parking requirements have also been eliminated, creating substantial flexibility for dense urban development adjacent to transit and trail infrastructure. The overlay further encourages pedestrian-oriented design, activated restaurant frontage, public gathering areas, plazas, art installations, and micro-retail concepts.
The property’s proximity to the Historic Gas Plant District redevelopment and Tropicana Field master plan adds another layer of long-term significance. As one of the closest major redevelopment sites west of the Gas Plant project, Sunline St. Pete functions as a gateway connecting Downtown St. Petersburg to the Warehouse Arts District and the broader 22nd Street South corridor. The scale of the Tropicana redevelopment is expected to accelerate population growth, hospitality demand, office activity, retail absorption, and pedestrian movement throughout the western downtown edge over the coming decade.
The neighborhood itself has become increasingly defined by adaptive reuse and experiential urban development rather than conventional suburban-style projects. Former warehouse and industrial buildings throughout the district have been transformed into breweries, galleries, entertainment venues, fitness concepts, restaurants, collaborative office environments, and creative production spaces. This evolution has created an authentic neighborhood identity attracting residents, entrepreneurs, artists, developers, and institutional investors seeking walkable urban environments with established cultural energy.
Sunline St. Pete also carries a unique entertainment and community-building history within the Warehouse Arts District. In 2019, the property helped lead the push for expanded outdoor entertainment activation after receiving approval for a proposed 5,000–7,000-person outdoor performance venue projected to host more than 80 events annually. Local reporting highlighted the site’s industrial location and surrounding compatibility as an ideal setting for large-scale outdoor events. That history reinforces the property’s long-standing role as a gathering place capable of supporting entertainment, arts, hospitality, and community-oriented uses alongside future residential density.
From a development perspective, the site offers flexibility across multiple product types and strategies. Potential concepts include multifamily or mixed-use projects integrating residential density with activated ground-floor retail, food and beverage concepts, hospitality components, creative office, wellness-oriented uses, maker spaces, entertainment programming, and public gathering areas oriented around the Pinellas Trail.
As Downtown St. Petersburg continues expanding westward and the Warehouse Arts District matures into one of the city’s most influential creative corridors, opportunities of this scale and positioning are becoming increasingly limited. Sunline St. Pete represents a rare opportunity to develop within the center of multiple converging growth patterns while contributing to the next chapter of one of Florida’s most dynamic urban neighborhoods.
All information regarding zoning, land use, density, height, and development potential is believed to be accurate but has not been independently verified. Any future development or change of use is subject to applicable approvals. Buyer to verify all information.

Faits sur la propriété

Prix 14 883 912 $ CAD
Type de vente Investissement
Nombre de lots 1
Type de propriété Terrain
Sous-type de propriété Terrain industriel
Utilisation proposée
Bureau
  • Usage mixte
  • Multi-résidentiel
  • Unités d’appartements
  • Unités d’appartements - Condo
  • En attente de développement
  • En attente d’investissement
  • Développement d’unités planifié
  • Devanture
  • Devanture, bureau ou commerce de détail
Taille totale du lot 2,33 AC
Zonage IT

1 Lot disponible

Lot

Prix 14 883 912 $ CAD
Prix par AC 6 385 535,97 $ CAD
Taille du lot 2,33 AC

Description

The property consists of approximately 2.4 acres located on the west side of 20th Street South in St. Petersburg, FL, within the Warehouse Arts District. It is bordered by 4th Avenue South to the north and offers frontage along the Pinellas Trail. The property is positioned near Central Avenue, I-275, and within walking distance of cultural and entertainment venues. Current zoning is IT. Proposed zoning amendments may allow mixed-use developments.

Moyennement practicable à pied
70/100
Très facile d'accès en voiture
80/100
Transports en commun relativement accessibles
50/100
Plutôt praticable en vélo
40/100

Impôts fonciers

Impôts fonciers

Numéros de lot
Plusieurs
  • 24-31-16-91673-000-0010
  • 24-31-16-18378-000-0370
Évaluation du terrain
2 970 138 $ CAD
Évaluation des bâtiments
161 787 $ CAD
Évaluation totale
3 131 925 $ CAD
  • ID d’inscription: 40661685

  • Date de mise sur le marché: 2026-05-26

  • Dernière mise à jour:

  • Adresse: 415 S 20th St, Saint Petersburg, FL 33712

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