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St. Augustine ONE Sotheby's International Realty

[email protected] +1(904) 829-2002

$ 460,000

Est. payment -/mo

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Active

944 18TH AVE S St Petersburg, FL 33705

4 Beds

2 Baths

1,713 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,713 sqft

Price per Sqft $268

Subdivision Cromwell Heights

MLS Listing ID TB8447646

Bedrooms 4

HOA Y/N No

Year Built 1938

Annual Tax Amount $5,240

Lot Size 0.290 Acres

Acres 0.29

Lot Dimensions 100x127

Property Sub-Type Duplex

Source Stellar MLS

Property Description

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.

Location

State FL

County Pinellas

Community Cromwell Heights

Area 33705 - St Pete

Zoning NTM-10

Direction S

Interior

Interior Features Ceiling Fans(s)

Heating Electric

Cooling Central Air

Flooring Ceramic Tile, Concrete, Tile, Wood

Fireplace false

Appliance Convection Oven, Electric Water Heater, Refrigerator

Laundry Washer Hookup

Exterior

Exterior Feature Other

Utilities Available Cable Available, Electricity Available, Electricity Connected, Public, Sewer Available, Sewer Connected, Water Available

Roof Type Shingle

Garage false

Private Pool No

Building

Entry Level One

Foundation Crawlspace

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Structure Type Frame

New Construction false

Schools

Elementary Schools Campbell Park Elementary-Pn

Middle Schools John Hopkins Middle-Pn

High Schools Gibbs High-Pn

Others

Pets Allowed Cats OK, Dogs OK, Yes

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8447646

Listed by David Shaw ATLAS REALTY GROUP

St. Augustine ONE Sotheby's International Realty

+1(904) 829-2002

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St Augustine, FL

St. Augustine ONE Sotheby's International Realty

944 18TH AVE S St Petersburg, FL 33705

Key Details

Location

Interior

Exterior

Building

Schools

Others

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944 18TH AVE S