4830 CHANCELLOR STREET NE ST PETERSBURG FL 33703 MLS #TB8506958

RARE DOUBLE LOT – CITY-APPROVED FOR 2 NEW BUILDS!

Exceptional redevelopment or restoration opportunity in Shore Acres, one of St. Petersburg’s fastest-growing waterfront neighborhoods. Situated on a rare 10,001 SF corner double lot, this property comes with written city approval for two new buildable lots, with buildable lot documentation available – creating a unique opportunity for investors, builders, or buyers looking to capitalize on the continued transformation of the area.

This property sustained flood damage during Hurricane Helene and is being sold AS-IS for land value, redevelopment, new construction, elevation, or complete renovation. For those with a vision for restoration, the existing home features striking midcentury modern architecture with incredible potential for renovation or a high-end flip.

Shore Acres is a golf cart-friendly waterfront community just minutes from vibrant downtown St. Petersburg. With significant redevelopment already underway and elevated new construction homes continuing to drive demand, this is an exceptional opportunity to secure two buildable lots in one of St. Pete’s most active redevelopment corridors.

CASH OFFERS ONLY. No wholesalers, assignable contracts, or subject-to offers will be considered. Buyer may conduct inspections during a maximum 7-day inspection period. Seller makes no warranties or representations regarding the condition of the property.