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216 29th Street S, St Petersburg, FL 33712

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For Sale

$419,000

0.15 acres

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • 0.2 acres
    Lot size

Explore this Property

Presenting an unparalleled prospect to acquire a prime, buildable lot situated in the highly sought-after Palmetto Park neighborhood and preserve some neighborhood history. This unique property already has a meticulously maintained 1 bed 1 bath historic bungalow that was remodeled to help preserve one of the oldest homes in the neighborhood. The bungalow is situated on the far northern end of the lot leaving the southern end of the lot vacant. Some of the upgrades in the bungalow include new appliances, a new roof, and new flooring. The vacant southern portion of the lot offers the ability for a new construction home to be built. When the new residence has been built the existing bungalow will then be earmarked as an Accessory Dwelling Unit (ADU). This versatile arrangement allows for you to reside in the charming bungalow during construction of the new home or it can be utilized as a lucrative rental property for passive income. Located within walking distance of the vibrant Grand Central district! This location is ideal for those who appreciate convenient access to local shops, restaurants, nightlife, and special events. Moreover, its proximity to Downtown St. Petersburg and seamless highway connectivity facilitates swift access to airports, Tampa, and St. Pete Beach. Capitalizing on the rare opportunity to acquire a historic home while concurrently developing a new residence on the same expansive lot, this property stands as a testament to the fusion of tradition and modernity. Note: The home adjacent to this home is also for sale by the same owner (2862 2nd Ave S). Package offers are welcome
MLS# U8224122

Courtesy Of Dalton Wade, Inc.

(888) 668-8283

Property Features

  • Amenities
    Dock
  • Architecture Style
    Other
  • Lot Size
    0.15 Acres

Map and Directions

Directions to 216 29th Street S, St Petersburg, FL 33712

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(727) 398-2774
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Copyright © 2024 Pinellas Suncoast Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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