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$499,900
3 Beds ⋅ 2 Baths ⋅ Harcourt SubDv. ⋅ 33703 Zip Code
Located in the highly desirable Northeast Park neighborhood, this oversized NT-1 zoned double lot presents a rare opportunity to secure land in an area surrounded by newer million-dollar homes and continued redevelopment. The existing structure sustained damage and will require a full renovation, making this an ideal option for buyers looking to restore, redesign, or build to their specifications. The true value lies in the lot itself — offering exceptional size, flexibility, and potential, including the possibility to subdivide into two buildable parcels (buyer to verify with the City of St. Petersburg). Positioned just off 4th Street North and approximately five minutes to Downtown St. Petersburg, the location provides convenient access to Coffee Pot Bayou, Weedon Island Preserve, shopping, dining, major interstates, and area airports. Whether you’re looking to renovate, build new, or secure property in a rapidly appreciating neighborhood, opportunities like this in Northeast Park are becoming increasingly limited. Property is located in Flood Zone AE; buyers should verify elevation and building requirements.

208 48th Avenue N, St Petersburg
$499,900
Harcourt SubDv. ⋅ 33703 Zip Code
Exceptional redevelopment opportunity in highly desirable Northeast Park. This oversized NT-1 zoned double lot offers rare flexibility, including the potential to subdivide into two buildable parcels (buyer to verify with the City of St. Petersburg). Upon subdivision, each lot may allow construction of a single-family residence with a detached accessory dwelling unit (subject to City approval), creating a unique opportunity for two luxury homes side-by-side — each with multi-generational or guest house flexibility. Builders may benefit from constructing adjacent projects simultaneously, potentially improving efficiency in site work, mobilization, utilities, and scheduling. Located just off 4th Street North and approximately five minutes to Downtown St. Petersburg, the property offers convenient access to Coffee Pot Bayou, Weedon Island Preserve, shopping, dining, major interstates, and area airports. Surrounded by newer million-dollar homes, the neighborhood continues to demonstrate strong resale confidence for quality new construction. Property is located in Flood Zone AE (Base Flood Elevation 8’); new construction elevation requirements should be verified. The existing structure remains on site; however, the highest and best use may be redevelopment.

208 48th Avenue N, St Petersburg