REDUCED! St Petersburg Residential Redevelopment Site

4500 43rd Street N. St. Petersburg, FL 33714

  • 58,430 Square Feet
  • Land Multifamily-Apartment Residential
  • For Sale

Summary Description

Available for Sale

 

Ideal For

  • Multifamily/Residential Redevelopment
  • Institutional Uses

Summary

4500 43rd Street N. is a four building, three parcel property located in St. Petersburg, Florida.  The property features four buildings totaling 9,160± square feet and three parcels totaling 58,430± SF (1.34 acres).  It is located within the Lealman Community Redevelopment Area (CRA) in St. Petersburg, and offers a number of advantages.  The site is ideal for small-scale residential development and is an excellent opportunity for incremental development advocates who wish to individually contribute to the redevelopment efforts of Lealman.  With effective planning and development and utilization of the affordable housing bonus, this site could house up to 28 residential units.

Site Description

  1. Parcel one (17,780± SF) parcel #03-31-16-01134-003-0010
  2. Parcel two (34,100± SF) parcel #03-31-16-01134-003-0010
  3. Parcel three (6,550± SF) parcel #03-31-16-01134-003-0160

Building Descriptions

  1. Administrative offices (988 SF)
  2. Multi-purpose building (5,259SF)
  3. Classroom Easterly Building #1 (1,455 SF)
  4. Classroom Westerly Building #2 (1,458 SF)

Property Status: Under contract

Price: $699,000.00

Lot Size: 58,430± Square Feet

Building Size: 9,160± Square Feet

Area Available: 58,430 Square Feet

Features:

  • 50% Density Bonus with affordable housing
  • Total site square feet: 58,430± SF
  • Located within the Lealman Community Redevelopment Area
  • Frontage on three streets

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