4105 18TH AVENUE S ST PETERSBURG, FL 33711
update time: 04/24/2026 22:30:28
One or more photo(s) has been virtually staged. NTM-1 ZONED DEVELOPMENT OPPORTUNITY WITH INCOME IN PLACE. This is a rare opportunity to acquire a cash-flowing property with confirmed NTM-1 zoning, offering significant redevelopment potential in the rapidly evolving St. Petersburg market. Situated on an 8,255 SF lot with alley access, the property supports potential development of 5–6 residential units (buyer to verify), ideal for “missing middle” housing such as duplex, triplex, or small multifamily configurations. The existing setup includes a 3-bedroom main home and a separate 1-bedroom accessory dwelling unit that will generate approximately $3,625/month, providing immediate income while planning future development. NTM-1 zoning allows for up to 30 units per acre with a maximum of 4 units per building, creating multiple viable development strategies. Both homes have been completely remodeled. New kitchens, all new paint, new roof. Located within an Opportunity Zone, this property offers both immediate cash flow and long-term upside for investors, builders, and developers.
From I-275, take Exit 19 for 22nd Ave S. Head west on 22nd Ave S, then turn right (north) onto 41st St S. Turn right (east) onto 18th Ave S and continue to the property on your left at 4105 18th Ave S.
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