4754 1st Ave N, Saint Petersburg, FL 33713

Price: $309,9k | ARV: $400k

Fast Funding Available • Hard Money Financing

ST. PETERSBURG | DEVELOPMENT OPPORTUNITY | HIGH-UPSIDE LAND PLAY

🛏 3 BED / 1.5 BATH
📐 952 Sqft.
🏗 Wood Frame Construction
📆 1939

💡 WHY THIS DEAL MAKES SENSE
✔️ Located within a designated Activity Center
✔️ Exceptional redevelopment potential
✔️ Existing home provides holding income opportunity
✔️ Detached garage offers ADU/rental conversion potential
✔️ Positioned in the path of major urban redevelopment

🏡 DEVELOPMENT POTENTIAL
✔️ Zoning changes allow buildings up to 86 feet
✔️ FAR up to 5.0 (approximately 25,000 Sqft potential)
✔️ No minimum parking requirements
✔️ Ideal for future mixed-use or mid-rise development
✔️ Strong long-term appreciation opportunity

🏠 CURRENT PROPERTY FEATURES
✔️ Functional 3-bedroom layout
✔️ Detached garage
✔️ Suitable for rental, renovation, or hold strategy
✔️ Excellent covered land investment

🌴 EXTERIOR VALUE DRIVERS
✔️ Valuable redevelopment corridor
✔️ Strong future density potential
✔️ Income-producing while planning redevelopment
✔️ Excellent flexibility for multiple exit strategies

📍 LOCATION = RAPIDLY TRANSFORMING CORRIDOR
Located just a quarter mile from the SunRunner rapid transit line, with convenient access to Downtown St. Petersburg, beaches, shopping, restaurants, and one of the city’s fastest-growing redevelopment districts.

💰 IDEAL FOR
Land Banking / Buy & Hold / Mixed-Use Development / Fix & Flip / Rental Investment

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