Short Sale. Welcome to a rare opportunity in the heart of St. Petersburg. Situated on nearly 1/2 acre, this expansive property offers incredible upside for investors, developers, or owner-occupants looking to create something truly special.
The property underwent an extensive renovation and improvement project that was never fully completed. While much of the heavy lifting has already been done, the home will require cleanup, repairs, and completion of unfinished work. Since sitting vacant, the property has experienced some damage from unauthorized occupants. Most notably, the mini-split HVAC units were removed, and portions of the home will require additional improvements, including window replacement and general finishing work.
The opportunity, however, is undeniable.
The home features a spacious and flexible floor plan with tremendous potential for a large family residence, multi-generational living arrangement, rental property, or creative redevelopment project. …
The Story
3000 58th Avenue North
Short Sale. Welcome to a rare opportunity in the heart of St. Petersburg. Situated on nearly 1/2 acre, this expansive property offers incredible upside for investors, developers, or owner-occupants looking to create something truly special.
The property underwent an extensive renovation and improvement project that was never fully completed. While much of the heavy lifting has already been done, the home will require cleanup, repairs, and completion of unfinished work. Since sitting vacant, the property has experienced some damage from unauthorized occupants. Most notably, the mini-split HVAC units were removed, and portions of the home will require additional improvements, including window replacement and general finishing work.
The opportunity, however, is undeniable.
The home features a spacious and flexible floor plan with tremendous potential for a large family residence, multi-generational living arrangement, rental property, or creative redevelopment project. Oversized windows provide abundant natural light, and the generous living spaces offer a blank canvas for your vision.
Outside, you'll find one of the property's most valuable assets: a massive lot with room to expand, entertain, or potentially redevelop. Buyers are encouraged to conduct their own due diligence regarding zoning and land-use regulations, but the property's size may present the opportunity to split the lot, construct an additional residence, add an ADU, or pursue other development possibilities if approved by the City.
The grounds offer endless possibilities for creating a private estate, outdoor oasis, workshop space, recreational area, or future development project. Opportunities to acquire this much land in such a convenient location are becoming increasingly rare.
Located just minutes from Downtown St. Petersburg, award-winning Gulf beaches, shopping, dining, entertainment, and major transportation corridors, this property combines exceptional location with exceptional potential.
Whether you're searching for your next renovation project, a long-term investment, a development opportunity, or a chance to create a truly one-of-a-kind home, this property offers possibilities that are increasingly difficult to find in today's market.
Bring your vision, your contractor, and your imagination. Opportunities like this don't come along often. Schedule your private showing today and explore the potential for yourself.
