626 35th Avenue South
626 35th Avenue South
$899,000
9
3
2,635
2,635
$341
Description
Split 3 existing lots with 2 rental SFRs into 5 lots with 5 SFRs and 5 ADUs! Develop a total of 5 single family homes on 5 parcels on a combined .58 acres. Develop 10 total units on 5 parcels! Exit by selling each lot separately or operate as a multifamily property. The City of St. Petersburg will allow an ADU built on each
property. Currently, the 2 Single Family Homes have short term tenants
in place. The sellers are utilizing the online platform, Padsplit,
to lease each room individually at an average...Split 3 existing lots with 2 rental SFRs into 5 lots with 5 SFRs and 5 ADUs! Develop a total of 5 single family homes on 5 parcels on a combined .58 acres. Develop 10 total units on 5 parcels! Exit by selling each lot separately or operate as a multifamily property. The City of St. Petersburg will allow an ADU built on each
property. Currently, the 2 Single Family Homes have short term tenants
in place. The sellers are utilizing the online platform, Padsplit,
to lease each room individually at an average of $960 /
month. The houses are fully occupied. Both existing SFRs have been renovated.
626 35th Ave. S is a 6 bedroom, 2 bath SFR on .31 Acres. The
city has indicated, preliminarily, that a developer can split this
lot into 3 separate lots. (One lot on either side of the existing
SFR.) Renovations include fresh interior and exterior paint.
650 35th Ave. S is a 3 bedroom, 1 bath SFR on .19 Acres. Renovations include fresh interior and exterior paint, new
floor joists, new baseboards and LVP Flooring, new doors,
new fans, updated kitchen and bathroom. New roof in 2019. Both houses are available furnished with desks, chairs, a
queen bed and rugs as a separate package. The vacant lot in between the 2 houses is known as "35th
Avenue S" and is .08 acres. The lots are well positioned just 2 miles South of Downtown
St. Pete, one block from the Grandview Park boat ramp with
access to Tampa Bay, adjacent to Lake Maggiore and Boyd
Hill Nature Preserve, close to St. Petersburg Country Club
with Southside Youth Soccer. Lots are in Flood Zone X and
zoned NT-1, which allows for ADUs. 15 minutes to the beach! • Your development plan could include razing the existing
homes and building 5 new houses, each with an ADU, or
further renovate the existing homes, and build 3 new single
family homes. Split the 626 35th Ave. lot into 3 separate lots to create a
total of 5 lots. Sell the finished homes individually or add 10 new rental units
to your portfolio! (5 SFRs and 5 ADUs)
• This submarket is poised for growth. A half mile from the
subject property, St. Pete developer, Stoneweg, is beginning
construction on a new retail plaza and apartment complex
situated in the former Coquina Key Shopping Plaza. The firm
plans to build a seven-story apartment building, with 465
units. The adjacent 21,000-square-foot retail plaza, to be built
in front of the apartments, will be anchored by a local grocer. The adjacent 21,000-square-foot retail plaza, to be built
in front of the apartments, will be anchored by a local grocer • There is now greater access for homeowners to secure
financing for properties with ADUs. FHA allows borrowers to
use 75% of the estimated rental income to qualify for the
mortgage. Smart homebuyers can offset the high prices of
new home construction by leasing their ADU, lowering their
monthly payment and increasing equity. Developers benefit
from increased buyer demand and affordability. Developers benefit
from increased buyer demand and affordability • St. Pete is booming! Nearly 40 large scale residential projects are currently
underway in St. Pete. Future job growth over the next 10
years is scheduled to be 42%. The Tampa - St. Pete -
Clearwater Metro Area is the 2nd largest metro in Florida and
18th in the USA.
property. Currently, the 2 Single Family Homes have short term tenants
in place. The sellers are utilizing the online platform, Padsplit,
to lease each room individually at an average...Split 3 existing lots with 2 rental SFRs into 5 lots with 5 SFRs and 5 ADUs! Develop a total of 5 single family homes on 5 parcels on a combined .58 acres. Develop 10 total units on 5 parcels! Exit by selling each lot separately or operate as a multifamily property. The City of St. Petersburg will allow an ADU built on each
property. Currently, the 2 Single Family Homes have short term tenants
in place. The sellers are utilizing the online platform, Padsplit,
to lease each room individually at an average of $960 /
month. The houses are fully occupied. Both existing SFRs have been renovated.
626 35th Ave. S is a 6 bedroom, 2 bath SFR on .31 Acres. The
city has indicated, preliminarily, that a developer can split this
lot into 3 separate lots. (One lot on either side of the existing
SFR.) Renovations include fresh interior and exterior paint.
650 35th Ave. S is a 3 bedroom, 1 bath SFR on .19 Acres. Renovations include fresh interior and exterior paint, new
floor joists, new baseboards and LVP Flooring, new doors,
new fans, updated kitchen and bathroom. New roof in 2019. Both houses are available furnished with desks, chairs, a
queen bed and rugs as a separate package. The vacant lot in between the 2 houses is known as "35th
Avenue S" and is .08 acres. The lots are well positioned just 2 miles South of Downtown
St. Pete, one block from the Grandview Park boat ramp with
access to Tampa Bay, adjacent to Lake Maggiore and Boyd
Hill Nature Preserve, close to St. Petersburg Country Club
with Southside Youth Soccer. Lots are in Flood Zone X and
zoned NT-1, which allows for ADUs. 15 minutes to the beach! • Your development plan could include razing the existing
homes and building 5 new houses, each with an ADU, or
further renovate the existing homes, and build 3 new single
family homes. Split the 626 35th Ave. lot into 3 separate lots to create a
total of 5 lots. Sell the finished homes individually or add 10 new rental units
to your portfolio! (5 SFRs and 5 ADUs)
• This submarket is poised for growth. A half mile from the
subject property, St. Pete developer, Stoneweg, is beginning
construction on a new retail plaza and apartment complex
situated in the former Coquina Key Shopping Plaza. The firm
plans to build a seven-story apartment building, with 465
units. The adjacent 21,000-square-foot retail plaza, to be built
in front of the apartments, will be anchored by a local grocer. The adjacent 21,000-square-foot retail plaza, to be built
in front of the apartments, will be anchored by a local grocer • There is now greater access for homeowners to secure
financing for properties with ADUs. FHA allows borrowers to
use 75% of the estimated rental income to qualify for the
mortgage. Smart homebuyers can offset the high prices of
new home construction by leasing their ADU, lowering their
monthly payment and increasing equity. Developers benefit
from increased buyer demand and affordability. Developers benefit
from increased buyer demand and affordability • St. Pete is booming! Nearly 40 large scale residential projects are currently
underway in St. Pete. Future job growth over the next 10
years is scheduled to be 42%. The Tampa - St. Pete -
Clearwater Metro Area is the 2nd largest metro in Florida and
18th in the USA.
- Listed by Andrew Birr • PLAID PROPERTIES, LLC
Property Details for 626 35th Avenue South
Subdivision Name
BIG BAYOU
Township1
WaterfrontNo
Location
LISTING UPDATED: 04/09/2024 11:19 AM
Property Details for 626 35th Avenue South
Status | Active |
---|---|
MLS # | O6175898 |
Days on Market | 91 |
Taxes | $4,562 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Residential / Single Family Residence |
Year Built | 1915 |
Lot Size | 0.58 AC / 25,264 SF |
County | Pinellas County |
Location
Building Information for 626 35th Avenue South
Stories-Year Built1915Building Size-Lot Size0.58 AC / 25,264 SF
Payment Calculator
$5,286 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 626 35th Avenue South
Property History for 626 35th Avenue South
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 626 35th Avenue South
Taxable ValueLand-Additions-Total-
Tax Record2023$4,609 ($384 / month)
Home Facts
Beds0Baths2Total Finished SqFt1,930 SqFtAbove Grade Finished SqFt1,930 SqFtStories2Lot Size13,573 SqFtStyleSingle Family ResidenceYear Built1915Year Renovated1963CountyPINELLASAPN31-31-17-08802-003-0040
Schools near 626 35th Avenue South
This home is within Pinellas.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 5 |
Rating | School | Distance |
---|---|---|
Lakewood Elementary School PublicPK to 5 | ||
Bay Point Middle School Public6 to 8 | ||
Lakewood High School Public9 to 12 | ||
MIDTOWN ACADEMY PublicK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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