21ST AVE S St Petersburg, FL 33711

Build your dream home here on an oversized lot, or build up to 3 new homes for resale. Currently platted as 2 lots but enough square footage and frontage on 21st Ave to be 3 buildable lots as evidenced by buildable lot letter issued by the city. The renovated 1947 home on the on the corner nextdoor just sold for 160k, a new home can easily sell for more! Plenty of restaurants and shopping along US19 and within walking distance to the up and coming Skyway Marina District. Easy access to 275 and only 5 minutes to downtown St Pete as well as the beautiful and eclectic downtown Gulfport. Not in a flood zone. Property is eligible for the NEW MARKETS TAX CREDIT PROGRAM, and is located in the ST PETERSBURG CRA which can provide grants, bridge loans, loan guarantees, and low-interest or forgivable loans to support affordable housing development. Both of these programs can significantly reduce your cost to develop and further increase your profit margin. Contact the city of St Petersburg for more information on the CRA, or the IRS for more information on the new market tax credit program.