944 18th Avenue S, St Petersburg, FL 33705
- $413,000
- 4
- BD
- 2
- BA
- 1,713
- SqFt
- Sold Price
- $413,000
- List Price
- $460,000
- Status
- SOLD
- MLS#
- TB8447251
- Closing Date
- Jan 12, 2026
- Bedrooms
- 4
- Bathrooms
- 2
- Living Area
- 1,713
- Subdivision
- Cromwell Heights
Property Description
One or more photo(s) has been virtually staged. MOTIVATED SELLER: Substantial Closing Discount + Call for Additional Incentives! Turnkey Duplex + Rare NTM-1 Double Lot in South St. Pete Unlock immediate cash flow and massive future development potential in one acquisition. Sitting on a sprawling 12,700 sq. ft. double lot (100 x 127), this property features a fully renovated 3-bed/1-bath main house and a spacious, separate 1-bed/1-bath ADU. Both units are vacant, move-in ready, and separately metered, featuring solid hardwood floors, updated kitchens, New Roofs (2021), and New ACs (2018). The Value Play: While the existing structures generate immediate rental income, the rare NTM-1 zoning offers incredible upside. The lot allows for up to 8 total residential units. You can build 3-4 units immediately on the vacant portion of the lot while renting the existing homes, or plan a full 8-unit redevelopment for maximum equity. Located just 1 mile from the ARC Innovation District, Bayfront Health, and Downtown St. Pete, this is a secure foothold in a rapidly appreciating corridor. Buyer to verify all development projections with the City.
Additional Information
- Year Built
- 1938
- Construction
- Frame
- Living Area
- 1,713
- Acres
- 0.29
- Interior Features
- Ceiling Fans(s)
- Cooling
- Central Air
- Heating
- Electric
- Parking
- Alley Access
- Exterior Features
- Garden
- Sewer
- Public Sewer
- Stories
- 1
- Pets
- Yes
Listing courtesy of ATLAS REALTY GROUP. Selling Office: REAL PROPERTY MANAGEMENT SUNSHINE CITY.
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