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Redevelopment

$1,270,000

1213 Arlington Avenue North, St. Petersburg, FL 33705

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Last Updated: 11/18/2024

1,928 sqft

Building Size

6,200 sqft

Lot Area

Details:
Building Size:    1,928 sqft
Lot Area:    6,200 sqft
Class:    C
Year Built:    1953
Tenancy:    Single
Floors:    1
Parking Spots:    4
Year Last Renovated:    2006
Roof:    Tile
HVAC:    Yes
Restrooms:    1
CeilingHeight:    7
Investment Strategy:    Value Add
Highlights:
  • Immediate occupancy turnkey office space.
  • Future redevelopment with 125 feet possibly 200 feet vertical.
  • Exciting and vibrant community close to professional baseball.
  • Mixed use amenities and walkable Downtown St. Peter
Description:

Price reduction! No damage from hurricanes. Get it before it is taken by someone else.A single story office building in opportunity zone with DC-2 zoning. Redevelopment into a high rise zoning allows for 125 feet vertical without a public hearing. Potential with a public hearing to go up to 200 feet. St. Petersburg is experiencing growth with workforce housing and luxury apartments and condos.

Nearby is the Tampa Bay Rays home field which will be reimagined and Hines is building a mixed use complex with a new baseball stadium.

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