302 MATEO WAY NE

Truly the finest lot on the most prestigious golf and social club in thriving St Petersburg, The Vinoy Club, is now available. At nearly ½ acre and featuring nearly 200 Feet of golf course frontage, planning your dream home is now possible. Watch the sun rise over the classic landmark club with its distinctive architecture just beyond the 9th Green or enjoy the sunset to the west towards the 9th Tee. Take a delightful walk to the club for lunch, dinner or cocktail, and enjoy the pool or driving range. Personal golf carts welcome, but club carts only on the course. The views from your dream home would include two lakes with fountain, 4 holes, the club and driving range: a long panoramic view! As an investment, there are 3 income units currently producing approximately $2000 per unit. The units are in very good condition and have well-established, long term tenants in residence. Higher rents are definitely in range for 2/2’s in this Snell Isle neighborhood. The Seller has consulted with a local/national architecture firm regarding the division of the property for 3 saleable residences. Initial indications provide this development track would be feasible. Further exploration of city codes and permits would be required, but current usage for the property is for 3 Units. The existing 3 residences, each have 2 Bed/2 Bath, living, dining, and carport with storage unit. Block construction, terrazzo floors, fenced backyard with views of the golf course. Update the units and increase your cash flow. Raze the rental units and build 3 amazing residences for sale. –OR— Build your personal Dream Home. This land is privately situated in a corner of Snell Isle, adjacent to the Vinoy Club golf course with almost no neighbors. It’s truly an amazing find!