3540 1st Avenue Saint Petersburg Florida | Home for Sale
To schedule a showing of 3540 1st Avenue, Saint Petersburg, Florida, Call David Shippey at 863-521-4517 TODAY!
Saint Petersburg, FL 33711
- N/ABeds
- 0.00Total Baths
- 0 Full, 0 HalfBaths
- N/ASqFt
- N/AYear Built
- 0.20Acres
- MLS# U8218053
- Vacant Land
- UnimprovedLand
- Active
- Approx Time on Market1 year, 9 months, 10 days
- Area33711 - St Pete/gulfport
- CountyPinellas
- Subdivision West Central Ave Resub
Overview
This permitted, approved, and shovel ready 6 unit multifamily property is the best opportunity in Tampa Bay! Brand new construction so insurance and capital expenditures will be very low. Seller is also offering the option of selling them as TWO SEPARATE TRIPLEXES! This is a whole new asset class of new construction 3 bed/2 bath floor plans that are not yet available in the market! A dream come true for any savvy investor seeking an exceptional income-producing asset. This property offers a unique chance to capitalize on the thriving real estate market and secure a solid investment for years to come. Each of the 6 units have been thoughtfully planned to maximize space and functionality, ensuring optimal comfort and convenience for future residents and tenants. With a seamless flow between living areas, bedrooms, and kitchens, these units offer an ideal balance of privacy and open concept living. The interiors are a perfect blend of style and substance, featuring high-end finishes, premium fixtures, and top-of-the-line appliances. From the elegant hardwood flooring to the designer lighting fixtures, every detail has been carefully curated to create an atmosphere of sophistication and refinement. As an investor, you'll be thrilled to know that this property is expected to operate as a 10% cap rate investment, with no capital expenditures required since it will be brand new construction. This means you can start generating income from day one without worrying about additional expenses. What's more, you have the opportunity to customize this property to your exact specifications. Floor plans, finishes, and every detail can still be decided on with the builder, allowing you to create a truly unique and personalized investment property. The builder is projecting a $1.2 million build for this exceptional multi-family property, ensuring a solid investment with a promising return on investment. Investors seeking a property with outstanding income potential need look no further. Don't miss out on this chance to be part of the thriving St Petersburg real estate market. Act now and seize the opportunity to own one of the best investment properties in all of Tampa Bay! Reach out today to discuss customization options and secure your place in this lucrative venture. Pre-construction financing also available!
Agriculture / Farm
Association Fees / Info
Senior Community: No
Association: ,No,
Bathroom Info
Buyer Compensation
Exterior Features
Pool Private: No
Fees / Restrictions
Financial
Original Price: $700,000
Garage / Parking
Open Parking: No
Attached Garage: No
Garage: No
Carport: No
Green / Env Info
Interior Features
Fireplace: No
Spa: No
Lot Info
Direction Remarks: From I275-S get off on 5th Ave N and turn left on 36th st N, turn left on 1st Ave S, house is on the right.
Lot Size Units: Acres
Lot Size Acres: 0.2
Lot Sqft: 8,808
Est Lotsize: 80x110
Other
Special Conditions: None
Other Rooms Info
Property Info
Section: 22
Class Type: UnimprovedLand
Property Sub Type: UnimprovedLand
Property Attached: No
New Construction: No
Human Modified: Yes
Current Use: Unimproved
Sqft Info
Living Area Units: SquareFeet
Tax Info
Tax Year: 2,022
Tax Lot: 5
Tax Legal Description: WEST CENTRAL AVE RESUB BLK 2, LOT 5
Tax Block: 2
Tax Annual Amount: 1289.54
Tax Book Number: 4-1
Unit Info
Utilities / Hvac
Water Source: Public
Sewer: PublicSewer
Cooling: No
Heating: No
Utilities: CableAvailable, CableConnected, ElectricityAvailable, MunicipalUtilities, SewerAvailable, SewerConnected, WaterAvailable, WaterConnected
Waterfront / Water
Waterfront: No
View: No
Directions
From I275-S get off on 5th Ave N and turn left on 36th st N, turn left on 1st Ave S, house is on the right.This listing courtesy of Compass Florida Llc
If you have any questions on 3540 1st Avenue, Saint Petersburg, Florida, please call David Shippey at 863-521-4517.
MLS# U8218053 located at 3540 1st Avenue, Saint Petersburg, Florida is brought to you by David Shippey REALTOR®
3540 1st Avenue, Saint Petersburg, Florida has , 0 Full Bath, and 0 Half Bath.
The MLS Number for 3540 1st Avenue, Saint Petersburg, Florida is U8218053.
The price for 3540 1st Avenue, Saint Petersburg, Florida is $650,000.
The status of 3540 1st Avenue, Saint Petersburg, Florida is Active.
The subdivision of 3540 1st Avenue, Saint Petersburg, Florida is West Central Ave Resub.
The home located at 3540 1st Avenue, Saint Petersburg, Florida was built in 2025.
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