751 53RD AVENUE N ST PETERSBURG FL 33703 MLS #TB8495848

Discover an exceptional opportunity to acquire a generously sized 90 x 110 DOUBLE LOT (9,936 SF) in the desirable Arcadia Subdivision. While the property currently features a 3 bed 1 bath house, the true value lies in the LAND and its developmental potential. The area is experiencing active redevelopment and rising property values. This OVERSIZED Parcel features a BACK ALLEY access, offering added flexibility for design, parking and potential subdivision. With nearly 10,000 of land, this parcel could be subdivided and you could build two new residences. Comparable size lot was recently subdivided and developed into two new construction homes, each selling for approximately $1M. Surrounded by new construction and redevelopment, the property offers a compelling opportunity for builders. Whether you’re looking to build your dream home, develop, or hold for future appreciation, this property represents a unique chance to secure land in an appreciating market with proven upside. Fantastic location: 5 minutes from downtown St. Petersburg, shopping, restaurants, recreation, entertainment, and just a short drive to interstates, airports and beautiful Gulf Beaches. Starbucks is across 4th Street. Best and most popular groceries Publix, Whole Foods, Trader Joes and Fresh Market are close. Kayaking at Weedon Park or Coffee Pot Bayou can be part of your daily routine being right in the neighborhood. Also centrally located about 30 mins to Tampa International Airport, with access to everything that the city of Tampa has to offer & 30 mins to Clearwater.