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944 18TH AVENUE S

Multi-family For Sale
$460,000

BTC: 5.05494505

ETH: 230.00000000

-$5K (2025/12/04)
30 days
4 bds
1,713 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

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.

Location

Florida • ST PETERSBURG • 33705 • Multi-family • For Sale

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1938
Lot:
0.29 Acres
Heating:
Electric
Price/sqft:
$269
Cooling:
Central Air
HOA:
No Data
All facts and features

  • Flooring

    • Ceramic Tile

    • Concrete

    • Tile

    • Hardwood

    Heating

    • Electric

    Cooling

    • Central Air

    Appliances

    • Convection Oven

    • Electric Water Heater

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

    Bedrooms and bathrooms

    • Bedrooms: 4

  • Property

    • Levels: One

    • Exterior Features: Other

    Lot

    • Lot: 0.29 Acres

    Other Property Information

    • Parcel Number: 253116193500010050

    • Zoning: NTM-10

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • Cable Available

    • Electricity Available

    • Electricity Connected

    • Public

    • Sewer Available

    • Sewer Connected

    • Water Available

  • Other financial information

    • Annual tax amount: $5,241

  • Source details

    • MLS ID: TB8447646

    Other facts

    • Construction Materials: Wood Frame

    • Foundation Details: Crawlspace

    • Laundry Features: Washer Hookup

    • Living Area: 1713

    • Water Source: Public

    • Lot Size Dimensions: 100 x 127

    • Subdivision Name: CROMWELL HEIGHTS

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: ATLAS REALTY GROUP