Property Description

Nearly 1/2 acre (0.42) oversided double lot opportunity in the highly desirable Shore Acres neighborhood of St. Petersburg. This property offers an exceptional redevelopment opportunity for builders, investors, or those looking to build new in a premier coastal neighborhood. The property spans two original lots, and it is believed that the lot can be subdivided.The existing home experienced flooding during Hurricane Helene and has been professionally remediated but not renovated. The highest and best use is likely redevelopment of the property.Positioned directly across the street from waterfront homes, future construction may capture water views from upper levels. This location is surrounded by new construction and redevelopment, making it an ideal project for a builder looking to take advantage of strong demand for new homes in Shore Acres.Conveniently located near Shore Acres Mini Park, the neighborhood fire station, and just minutes to downtown St. Petersburg, waterfront parks, restaurants, and shopping.Owner may consider seller financing. Opportunities to acquire a double lot in this location are rare. Buyer to verify subdivision requirements, zoning, and building plans with the City of St. Petersburg.