2840 60TH AVENUE N,ST PETERSBURG,Pinellas,Residential

Description

THE VALUE IS IN THE LAND. Rare opportunity to BUILD just 10 MINUTES FROM DOWNTOWN ST. PETE! BUILDERS AND INVESTORS, this is a goldmine for land development. In the desirable area of Biltmore Terrace, this home is situated on 1 GIANT, .3 acre lot composed of 3 lots, already approved for. BUILDING OPTIONS IF THE LAND IS CLEARED: (1) – 3 single family homes (2) – 1 DUPLEX (on 2 lots) + 1 single family home (3) – 1 TRIPLEX (4) – 1 single family home or (4) – (5) 3 LUXURY TOWNHOMES. BOUNDARY SURVEY AVAILABLE! 3 NEW SINGLE FAMILY HOMES ARE BEING BUILT DIRECTLY ACROSS THE STREET. On the land, the main home (1,773 sq ft) is currently occupied and so are the 2 guest homes/apartments (953 sq ft), earning $3400 a month. Tenants are renting on a weekly basis and can be out prior to closing. In-ground swimming pool with a wooden deck, fire pit and horseshoe pit. This piece of land is HUGE. It takes up a large portion of the street. Located just 6 minutes from major shopping plaza with stores like Target, Publix, Starbucks, and much more. 20 minutes to Tampa. 5 min to the new TESLA FACILITY, 14 min to AMAZON, 5 min to i275. Big opportunity zone. Tons of new construction and luxury townhomes going up in the area. Sellers asking cash only.