Sarasota's Premier Homes

Cottage

4105 18TH AVENUE S

ST PETERSBURG, FL 33711

MLS#: TB8501353

$519,900

Status: Active
Listing number: TB8501353
Listing provided by: CORNERSTONE PROP.INTERNATIONAL
Listing agent phone: None
Last update: 20 minutes ago
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ST PETERSBURG INVESTMENT COS ADD TO OAK PARK - Residential

Property

Beds

3

Full Baths

1

1/2 Baths

None

Year Built

1922

Sq.Footage

1,063

One or more photo(s) has been virtually staged. NTM-1 ZONED DEVELOPMENT OPPORTUNITY WITH INCOME IN PLACE. This is a rare opportunity to acquire a cash-flowing property with confirmed NTM-1 zoning, offering significant redevelopment potential in the rapidly evolving St. Petersburg market. Situated on an 8,255 SF lot with alley access, the property supports potential development of 5–6 residential units (buyer to verify), ideal for “missing middle” housing such as duplex, triplex, or small multifamily configurations. The existing setup includes a 3-bedroom main home and a separate 1-bedroom accessory dwelling unit that will generate approximately $3,625/month, providing immediate income while planning future development. NTM-1 zoning allows for up to 30 units per acre with a maximum of 4 units per building, creating multiple viable development strategies. Both homes have been completely remodeled. New kitchens, all new paint, new roof. Located within an Opportunity Zone, this property offers both immediate cash flow and long-term upside for investors, builders, and developers.

Features & Amenities

Interior

  • Total Bedrooms

    3

  • Bathrooms

    1

  • Cooling YN

    YES

  • Cooling

    Wall/Window Unit(s)

  • Fireplace YN

    YES

  • Heating YN

    YES

  • Heating

    Ductless

  • Pet friendly

    Cats OK, Dogs OK, Yes

Exterior

  • Garage

    No

  • Construction Materials

    Frame

  • Other Exterior Features

    Lighting

  • Pool

    No

  • Waterfront YN

    NO

  • View

    City

Area & Lot

  • Lot Features

    Corner Lot

  • Lot Size(acres)

    0.19

  • Property Type

    Residential

  • Property Sub Type

    Single Family Residence

  • Architectural Style

    Cottage

Price

  • Sales Price

    $519,900

  • Tax Amount

    $6,475

  • Sq. Footage

    1, 063

  • Price/SqFt

    $489

HOA

  • Association

    No

School District

  • Elementary School

    Perkins Elementary-PN

  • Middle School

    Bay Point Middle-PN

  • High School

    Lakewood High-PN

Property Features

  • New Construction

    NO

  • Foundation Details

    Pillar/Post/Pier

  • Ownership

    Fee Simple

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    9

  • Water Source

    Public

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Location

County

Pinellas

Elementary School

Perkins Elementary-PN

Middle School

Bay Point Middle-PN

High School

Lakewood High-PN

Listing Courtesy of Steve Eckhardt , CORNERSTONE PROP.INTERNATIONAL

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Agent Michael Graf

Business Coach | Executive Sales Associate | Realtor®

Michael Graf

Call Michael today to schedule a private showing.

(941) 315-6980

michael@thegrafgroupvip.com


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One or more photo(s) has been virtually staged. NTM-1 ZONED DEVELOPMENT OPPORTUNITY WITH INCOME IN PLACE. This is a rare opportunity to acquire a cash-flowing property with confirmed NTM-1 zoning, offering significant redevelopment potential in the rapidly evolving St. Petersburg market. Situated on an 8,255 SF lot with alley access, the property supports potential development of 5–6 residential units (buyer to verify), ideal for “missing middle” housing such as duplex, triplex, or small multifamily configurations. The existing setup includes a 3-bedroom main home and a separate 1-bedroom accessory dwelling unit that will generate approximately $3,625/month, providing immediate income while planning future development. NTM-1 zoning allows for up to 30 units per acre with a maximum of 4 units per building, creating multiple viable development strategies. Both homes have been completely remodeled. New kitchens, all new paint, new roof. Located within an Opportunity Zone, this property offers both immediate cash flow and long-term upside for investors, builders, and developers.

4105 18TH AVENUE S

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