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Sold

605 15TH STREET N

605 15TH ST N, ST PETERSBURG, FL 33705

$316,000
The subject property contains 2 units in 2 buildings on the parcel, however, the Pinellas County Property Appraiser site currently reflects 1 living unit in 1 building. Conversely, the NT-2 zoning of the subject property allows for 15 units per acre, which applied to the property land area of 0.1377 acres, equates to an allowable density of 2 units on the parcel. Therefore, a new owner has the option of updating the ADU license with the City of St Pete to reflect the existing 2 living units or the opportunity to eliminate the smaller existing unit/building and construct a brand-new unit/building on the parcel!

Situated near Tropicana Field & Central Avenue in Downtown St Petersburg, the location has immense rental demand with a shortage of units, providing substantial rental upside potential. Please see the property Offering Memorandum for full details & financial info!

1
bed

1
bath

732 Sq.Ft. LIVING AREA

5,998 Sq.Ft. lot

Ben Erik Smith

Ben Erik Smith

  • title Referral Director, Realtor® and Investor | Sarasota and St Pete
  • EMAIL [email protected]

Features & Amenities

Interior

  • total bedrooms1
  • Total bathroom1
  • other interior Features Thermostat

Area & Lot

  • Status Sold
  • Living Area732 Sq.Ft.
  • Lot Area5,998 Sq.Ft.
  • MLS® IDA4557934
  • TypeMulti-Family
  • YEAR BUILT1940
  • NeighborhoodSt Petersburg, Florida

Exterior

  • STORIES1
  • water SourcePublic
  • utilitiesPublic
  • roofMetal
  • HEAT TYPEElectric
  • AIR CONDITIONINGCentral Air, Wall/Window Unit(s)
  • sewerPublic Sewer
  • SubstructurePillar/Post/Pier
  • other exterior FeaturesCourtyard, Garden

Financial

  • Sales Price$316,000
  • Real Estate Tax $3,955/yr
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