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944 18TH AVENUE S

ST PETERSBURG , FL 33705

MLS#: TB8447646

$460,000

Status: Active
Listing number: TB8447646
Listing provided by: ATLAS REALTY GROUP
Listing agent phone: None
Last update: 11 days ago
On site: a month ago
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CROMWELL HEIGHTS - Residential Income

Property

Beds

4

Full Baths

None

1/2 Baths

None

Year Built

1938

Sq.Footage

1,713

One or more photo(s) has been virtually staged. MOTIVATED SELLER: Substantial Closing Discount + Call for Additional Incentives! Turnkey Duplex + Rare NTM-1 Double Lot in South St. Pete Unlock immediate cash flow and massive future development potential in one acquisition. Sitting on a sprawling 12,700 sq. ft. double lot (100 x 127), this property features a fully renovated 3-bed/1-bath main house and a spacious, separate 1-bed/1-bath ADU. Both units are vacant, move-in ready, and separately metered, featuring solid hardwood floors, updated kitchens, New Roofs (2021), and New ACs (2018). The Value Play: While the existing structures generate immediate rental income, the rare NTM-1 zoning offers incredible upside. The lot allows for up to 8 total residential units. You can build 3-4 units immediately on the vacant portion of the lot while renting the existing homes, or plan a full 8-unit redevelopment for maximum equity. Located just 1 mile from the ARC Innovation District, Bayfront Health, and Downtown St. Pete, this is a secure foothold in a rapidly appreciating corridor. Buyer to verify all development projections with the City.

Features & Amenities

Interior

  • Total Bedrooms

    4

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Electric

  • Pet friendly

    Cats OK, Dogs OK, Yes

Exterior

  • Garage

    No

  • Construction Materials

    Frame

  • Other Exterior Features

    Other

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.29

  • Property Type

    Residential Income

  • Property Sub Type

    Duplex

Price

  • Sales Price

    $460,000

  • Tax Amount

    5240.73

  • Sq. Footage

    1, 713

  • Price/SqFt

    $268

HOA

  • Association

    No

School District

  • Elementary School

    Campbell Park Elementary-PN

  • Middle School

    John Hopkins Middle-PN

  • High School

    Gibbs High-PN

Property Features

  • Ownership

    Fee Simple

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    5

  • Water Source

    Public

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Location

County

Pinellas

Elementary School

Campbell Park Elementary-PN

Middle School

John Hopkins Middle-PN

High School

Gibbs High-PN

Listing Courtesy of David Shaw , ATLAS REALTY GROUP

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One or more photo(s) has been virtually staged. MOTIVATED SELLER: Substantial Closing Discount + Call for Additional Incentives! Turnkey Duplex + Rare NTM-1 Double Lot in South St. Pete Unlock immediate cash flow and massive future development potential in one acquisition. Sitting on a sprawling 12,700 sq. ft. double lot (100 x 127), this property features a fully renovated 3-bed/1-bath main house and a spacious, separate 1-bed/1-bath ADU. Both units are vacant, move-in ready, and separately metered, featuring solid hardwood floors, updated kitchens, New Roofs (2021), and New ACs (2018). The Value Play: While the existing structures generate immediate rental income, the rare NTM-1 zoning offers incredible upside. The lot allows for up to 8 total residential units. You can build 3-4 units immediately on the vacant portion of the lot while renting the existing homes, or plan a full 8-unit redevelopment for maximum equity. Located just 1 mile from the ARC Innovation District, Bayfront Health, and Downtown St. Pete, this is a secure foothold in a rapidly appreciating corridor. Buyer to verify all development projections with the City.

944 18TH AVENUE S

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