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USD $310,000

| 700 14th Ave S, Saint Petersburg, FL 33701

Fully Permitted-Flip Takeover Opportunity

Situated just two blocks from the cutting-edge ARK Innovation Center and just outside of Downtown St. Pete,  700 14th Ave S stands as a promising opportunity for investors and developers.

The property, currently in mid-renovation, comes with fully approved permits and has seen significant structural enhancements, including a comprehensive rewire, installation of a new electric panel, and substantial improvements to the foundation and framing, underscored by the addition of a large steel beam through the property's center for robust support. The planned renovation envisages a luxurious upstairs master suite, a modern kitchen, and meticulous landscaping, catering to the high standards set by the surrounding new constructions by Modern Tampa Bay Homes.

Despite the project's potential, the current investor (out of state), hindered by an unreliable contractor and external commitments, seeks to divest from the $310,000 investment. This property, unencumbered by flood zone restrictions, offers a unique chance to capitalize on the burgeoning local real estate market, further stimulated by the ARK Innovation Center's vision, championed by ARK Invest's Cathie Wood, to foster technological and entrepreneurial growth in the region.

Property Details

  • 1,242 Gross Sqft

  • 1,178 Living Sqft

  • 3 Bedrooms

  • 2 Baths (Permitted for a third bath)

  • 4,000 Sqft Single Lot

  • Zoned NT-2 

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