This is a rare shovel-ready development opportunity in a prime location. This vacant lot comes fully permitted and approved for the construction of six luxury townhomes, allowing a developer to begin building immediately after closing with no entitlement delays. The sale includes complete architectural plans and approved permits for six high-end units, each designed with modern layouts and rooftop terraces that overlook downtown and 9th Street, offering premium views and strong resale or rental appeal. The project has been thoughtfully designed to maximize both square footage and outdoor living space, creating a luxury product that stands out in the market. Opportunities like this are extremely limited - skip the multi-year planning and approval process and move straight to construction. This is a turnkey development site ideal for developers looking for their next high-end townhome project in a growing area.
Listed By
Agency Name: BHHS FLORIDA PROPERTIES GROUP
Agency Contact: 813-694-7505
Shown By
Agency Title: Florida Executive Realty
Agency Phone: 813-632-9452
Estimated Payment
$ 5,990.71 per month $4,440.01 Principal & Interest $968.83 Property Tax $581.88 Homeowner's Insurance
1201 Dr Martin Luther King Jr Street N | MLS# TB8490694
This land located at 1201 Dr Martin Luther King Jr Street N, Saint Petersburg, FL 33701 is currently listed for sale with an asking price of $1,995,000. The property has approximately 0.28 Acres. Search Saint Petersburg real estate on www.floridaexecutiverealty.com today.