$460,000

944 18TH AVENUE S, St Petersburg, FL 33705

4 beds |
2 baths |
1,713 sqft

Single-Family Home
Built in 1938
0.29acre lot
—— car garage
$269/sqft
Listed 1 month ago

Property Description

One or more photo(s) has been virtually staged. MOTIVATED SELLER: Substantial Closing Discount + Call for Additional Incentives! Turnkey Duplex + Rare NTM-1 Double Lot in South St. Pete Unlock immediate cash flow and massive future development potential in one acquisition. Sitting on a sprawling 12,700 sq. ft. double lot (100 x 127), this property features a fully renovated 3-bed/1-bath main house and a spacious, separate 1-bed/1-bath ADU. Both units are vacant, move-in ready, and separately metered, featuring solid hardwood floors, updated kitchens, New Roofs (2021), and New ACs (2018). The Value Play: While the existing structures generate immediate rental income, the rare NTM-1 zoning offers incredible upside. The lot allows for up to 8 total residential units. You can build 3-4 units immediately on the vacant portion of the lot while renting the existing homes, or plan a full 8-unit redevelopment for maximum equity. Located just 1 mile from the ARC Innovation District, Bayfront Health, and Downtown St. Pete, this is a secure foothold in a rapidly appreciating corridor. Buyer to verify all development projections with the City.

Listing Status:: Active
Date Added:: November 12, 2025 at 06:00AM
Listing Office:: ATLAS REALTY GROUP : 813-428-7480
Listing Agent:: David Shaw : 407-276-2372
MLS ID:: TB8447251

General: Ceiling Fans(s)
Rooms: AtticFamily RoomFlorida RoomGarage Apartment
Appliances: Convection OvenDishwasherElectric Water HeaterMicrowaveRangeRefrigerator
Laundry: Washer Hookup
Flooring: Ceramic TileConcreteTileWood
A/C: Central Air
Heating: Electric

General: Garden
Style: Bungalow
Other Structures: Front PorchScreened
Parking: Alley Access

Roofing: Shingle
General: FrameOneCrawlspace

Road/Access: Asphalt
Originating MLS: Stellar MLS
County: Pinellas

Zoning: NTM-1CROMWELL HEIGHTS BLK ALOTS 5 AND 625-31-16-19350-001-0050
Fencing: Chain LinkFencedWood

Utilities: Cable AvailableElectricity AvailableElectricity ConnectedPublicSewer AvailableSewer ConnectedWater Available
Water: Public
Sewer: Public Sewer

Source: Stellar MLS
Ownership: Fee Simple

This listing courtesy of David Shaw, ATLAS REALTY GROUP

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Midtown Academy

1701 10th St S, Saint Petersburg, FL, 33705

Grades KG-5

0.16 miles away

John Hopkins Middle School

701 16th St S, Saint Petersburg, FL, 33705

Grades 6-8

0.95 miles away

Pinellas Mycroschool of Integrated Academics and Technologie

840 3rd Ave S, Saint Petersburg, FL, 33701

Grades 9-12

1.10 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.