$1,000,000

Description

RARE INVESTMENT & REDEVELOPMENT OPPORTUNITY IN HISTORIC OLD NORTHEAST ST. PETERSBURG Discover an exceptional opportunity in one of St. Petersburg’s most desirable and established historic neighborhoods. Located at 146 13th Ave NE, this unique property offers the versatility of a single-family residence with a detached two-unit apartment structure, creating multiple possibilities for an owner-user, investor, or developer. Situated in the highly sought-after Old Northeast historic district, the property is surrounded by beautifully restored homes, newer luxury residences, and continued neighborhood investment. The location combines historic character with the energy of one of St. Petersburg’s most desirable residential areas. The property is zoned within the Restoration Zone, offering an attractive opportunity for buyers looking for potential redevelopment, restoration, or long-term investment possibilities. The existing configuration provides flexibility for multiple rental income streams, multigenerational living, an owner-occupied investment strategy, or future improvements, subject to applicable city approvals and regulations. Location is a major advantage. Enjoy being within walking distance of popular restaurants, cafés, shops, parks, and the vibrant waterfront lifestyle that makes St. Petersburg so desirable. Downtown St. Petersburg is close by, while St. Pete Beach is approximately 10 minutes away by car, providing easy access to the Gulf beaches. This is a high-demand rental and investment area with strong surrounding property values and significant ongoing residential improvement. The neighborhood features a mix of historic architecture, renovated properties, and impressive new luxury homes. Prime Old Northeast St. Petersburg location; Historic district setting, Single-family residence plus detached two-unit apartment, Restoration Zone zoning, Potential for multiple income streams, Strong rental demand area, Surrounded by renovated and newer luxury homes Walk to restaurants, shops, parks and neighborhood amenities, Minutes to Downtown St. Petersburg, Approximately 10 minutes to St. Pete Beach. Properties with this combination of location, existing multi-unit configuration and redevelopment potential are increasingly difficult to find. Whether you're looking for an investment property, rental income opportunity, redevelopment project, or a property in one of St. Petersburg's most sought-after historic neighborhoods, 146 13th Ave NE deserves a closer look.