$995,000

7001 & 7011 HIBISCUS AVENUE S, South Pasadena, FL 33707

  • Property Icon Land
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon0.59acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 18 days ago

Property Description

A developer’s dream: Over a half-acre of land, corner lot, with RM-10 zoning in the heart of highly sought-after South Pasadena, just minutes from St Pete Beach! This .6 acre (MOL) parcel has been conceptually approved by the City for the development of five townhomes, which we believe is the highest and best use. UP TO 50% SELLER FINANCING MAY BE AVAILABLE - TERMS NEGOTIABLE. The parcel consists of two platted lots, currently under common ownership: 7001 Hibiscus Ave S (Lot 18)– This parcel is .3 acres (allowing up to three dwelling units). It currently has a 1960’s-era block 1,344 sq ft single family home and a 1990’s-era wood frame, three story 6,600 sq ft “duplex” with extensive wood balconies and decking in need of repairs or demolition. Both structures are flood damaged (from 2024 hurricanes) 7011 Hibiscus Ave S (Lot 17) – This parcel is .296 acres (allowing up to two dwelling units). It currently has a flood damaged 1950s-era wood frame single family home in need of demolition. This configuration allows for maximum flexibility in terms of redevelopment: Option 1: Keep the parcels separate, and build up to three units on lot 18, and up to two units (or a large SFH with ADU) on lot 17. Option 2: Combine the parcels and build 5 townhomes facing Bignonia. Option 3: Lobby the City Commission and request a variance for a 6th unit (lot 17 is about 200 sq ft short of .3 acres), and build up to 6 units in total. Recent surveys and email correspondence with the City is included in the MLS attachments.

Listing Status:
Active
Date Added:
April 6, 2026
Data Last Updated:
April 25, 2026 at 4:21AM
Listing Office:
COPELAND MORGAN LLC : 727-235-7988
Listing Agent:
Jeff Copeland :
MLS ID:
TB8494635
  • Other Structures: Other
  • Road/Access: AlleyCity Street
  • Originating MLS: Stellar MLS
  • County: Pinellas
  • Zoning: RM-10PASADENA ON THE GULF SEC C BLK 61LOT 18 & THAT PART OF LOT 17 DESC BEG MOST E'LY COR OF SD LOT 17 TH SW'LY 100FT ALG SE'LY LOT LINE TH NE'LY 100.13FT TO POINT ON NE'LY LOT LINE 4 FT NW'LY OF MOST E'LY LOT COR TH SE'LY 4FT TO POB30-31-16-67518-061-0180
  • View: CityGarden
  • Current Use: Residential
  • Utilities: BB/HS Internet AvailableCable AvailableCable ConnectedElectricity AvailableSewer ConnectedWater - Multiple MetersWater Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: Stellar MLS
  • Ownership: Fee Simple

This listing courtesy of Jeff Copeland , COPELAND MORGAN LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

P

Pasadena Fundamental Elementary School

95 72nd St N, Saint Petersburg, FL, 33710

Grades KG-5

0.67 miles away

D

Disston Academy

5125 11th Ave S, Gulfport, FL, 33707

Grades 5-12

2.15 miles away

S

St. Petersburg Collegiate High School

6605 5th Ave N, Saint Petersburg, FL, 33710

Grades 10-12

1.23 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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