Covered Land Play in Prime CRT-1 Central Ave Corridor. Rare opportunity to own a clean, income-producing home on highly desirable CRT-1 zoned land in St. Petersburg’s Central Ave Activity Center. The existing 3-bedroom, 2-bath home is well-maintained and previously leased for $2,500/month—ideal to live in or rent while planning future development. Zoned CRT-1, the site supports townhomes, quadplexes, apartments, live/work, office, or mixed-use, with approval for up to 7 units and building heights up to 72 feet. For those seeking immediate upside, the property offers a strong value-add path: retain the existing home and add multiple ADUs or additional units toward the rear of the lot to increase density and cash flow. Located in the path of progress along the Central Ave corridor, where land values continue to rise. Privately plan-reviewed, stamped architectural plans for a modern townhouse duplex with ADUs are available separately, offering a head start for developers ready to build. Ideal for developers, investors, or owner-occupants looking to house-hack today and unlock long-term redevelopment upside in one of St. Pete’s fastest-growing corridors.
This listing is courtesy of Exp Realty Llc. Property Listing Data contained within this site is the property of Stellar MLS and is provided for consumers looking to purchase real estate. Any other use is prohibited. We are not responsible for errors and omissions on this web site. All information contained herein should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended.
This listing is courtesy of Exp Realty Llc. Property Listing Data contained within this site is the property of Stellar MLS and is provided for consumers looking to purchase real estate. Any other use is prohibited. We are not responsible for errors and omissions on this web site. All information contained herein should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended.