Twitter
Facebook
Email
|
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.
| DAYS ON MARKET | 37 | LAST UPDATED | 12/4/2025 |
|---|---|---|---|
| TRACT | CROMWELL HEIGHTS | YEAR BUILT | 1938 |
| COMMUNITY | 33705 - St Pete | COUNTY | Pinellas |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| Elementary School | Campbell Park Elementary-PN |
|---|---|
| Jr. High School | John Hopkins Middle-PN |
| High School | Gibbs High-PN |
| PRICE HISTORY | |
| Prior to Dec 4, '25 | $465,000 |
|---|---|
| Dec 4, '25 - Today | $460,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Convection Oven, Electric Water Heater, Refrigerator |
| AREA | 33705 - St Pete |
| BASEMENT | Crawl Space |
| CONSTRUCTION | Frame |
| EXTERIOR | Other |
| HEAT | Electric |
| LOT | 0.29 acre(s) |
| LOT DIMENSIONS | 100x127 |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | CROMWELL HEIGHTS |
| TAXES | 5240.73 |
| UTILITIES | Cable Available, Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
| SATELLITE VIEW |
| / | |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Lee
Valdes to contact you even if your name is on a Federal or State
"Do not call List".
Listing provided by David Shaw, ATLAS REALTY GROUP, 813-428-7480
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 12/18/25 12:03 PM PST.
This IDX solution is (c) Diverse Solutions 2025.