Prime Development Opportunity in Downtown St. Petersburg – $1.4M
Located at 773 4th Ave N, this property is in the heart of Downtown St. Pete’s booming
development zone. While currently a beautifully restored 1917 Craftsman home with a detached
garage apartment, its true value lies in its strategic location surrounded by major new projects.
Property Details:
Land Area: 6090 sf (0.13 acres)
Living Area: 2144 sf
Why This Location Stands Out: Next Door: A 16-story mixed-use development is planned on the adjacent lot, bringing
more residential, retail, and commercial activity to the area. Across the Street: Ellington Place, is under construction, adding density and value to this corridor. St. Pete’s Growth: Over 2,600 new residential units and 213,400 sq. ft. of commercial
space are in the pipeline, making this a prime area for investors and developers.
Investment Potential: With downtown St. Pete expanding rapidly, this property is ideal for redevelopment. The main house has 3 bedrooms 2 and a half bathrooms with an open floor plan. Additionally there is an extra attic room that could be transformed to a bedroom. There is also an ADU which is a 1 bedroom 1 bath that is also currently rented. All information is deemed reliable but not guaranteed. Buyer is responsible for verifying all facts and measurements.