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$950,000

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.

5 Beds ⋅ 4 Baths ⋅ A4706709 MLS

146 13th Avenue Ne, St Petersburg

Listing courtesy of COMPASS FLORIDA LLC. 941-279-3630

$189,000

Investor opportunity in the St. Andrews area of Panama City. This 3-bedroom, 2-bath, one-story brick home is currently gutted and in the renovation process, but is being offered as-is and priced to sell. Located just two blocks from the bay, the property offers strong potential for a flip, rental, or long-term hold in a rapidly growing area near St. Andrews, downtown Panama City, dining, shopping, marinas, and the waterfront. With the right vision, this home has the potential to become a coastal-chic brick cottage with modern finishes, an open feel, and strong resale or rental appeal. Renovation has already begun, giving the next owner the opportunity to complete the project with their own design selections, layout preferences, and finish package. For investors or buyers planning to improve the property, certain renovation expenses may offer potential tax advantages depending on how the property is used, whether as a rental, investment property, or resale project. Buyers should consult their CPA or tax professional regarding possible deductions, depreciation, capital improvements, and other tax considerations. Great opportunity for an investor, builder, or buyer looking for a project with upside in a high-demand coastal market.

3 Beds ⋅ 2 Baths ⋅ 792774 MLS

4002 W 17th Street, Panama City

Listing courtesy of EXP Realty LLC.

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