$2,250,000

Description

**This listing encompasses two adjacent DC-2 zoned lots, 1720 and 1726 2nd Ave N, with the listing price representing both lots' combined value.**. Presenting a remarkable development opportunity in the heart of St. Petersburg, just two blocks north of Central Ave — a vibrant and rapidly evolving part of the city. Spanning a generous 12,700 square feet total, 100 x 127 ft in dimension, this prime location offers a wealth of potential given the immediate proximity to the Edge District, Grand Central, and the soon-to-be redeveloped Tropicana Field. The DC-2 zoning allows endless opportunities for mixed-use or residential development. Imagine crafting a mid-rise complex featuring luxurious apartments, chic condos, or a townhouse community with rooftop decks; all are viable options given the DC-2 zoning. With conceptual designs in hand by local architect Behar + Peteranecz, the plans illustrate two buildable options that conform with zoning. These forward-thinking designs include spacious 3-story homes, each with a roof deck perfect for capturing panoramic city views and over 1,900 sqft of living space alongside convenient ground-level garages. Or, should you choose to pursue larger developments, the plans illustrate a 32-unit apartment/condo complex with the potential to increase the unit count to 54 units by going through the bonus approval process. Nestled on a serene, tree-lined brick street, yet a brisk walk from Central Avenue's array of boutique shops, restaurants, and bars, the site relishes a quieter setting paired with the allure of city living. This development opportunity is not just a property but the promise of a future landmark contributing to the dynamism of Downtown St. Petersburg. Explore the endless possibilities of a location where development dreams have the potential to become a reality. Renderings based on conceptual designs, not permitted plans.