Seize this rare chance to own a prime parcel in one of St. Pete’s most sought-after neighborhoods—an exceptional site for your next multifamily development! Ideally situated near vibrant downtown St. Petersburg, the dynamic Tampa Bay area, and some of Florida's most beautiful beaches, this property offers limitless potential. With high demand for new developments, this is a hot opportunity for builders and investors in a rapidly expanding market. The existing 1-bedroom, 1-bathroom structure currently generates $1,000 in monthly rental income—providing immediate cash flow while you plan your project or redevelop the site from scratch. Don't miss this unique investment prospect! Parcels in thriving areas like this are in high demand, and the potential for a multifamily build is unparalleled. Bring your vision to life in one of Florida's most booming cities!