Under contract-accepting backup offers. Discover an incredible development and lifestyle opportunity in one of St. Pete’s most desirable, high-and-dry neighborhoods. Welcome to 3317 18th St. N, an adorable 2-bedroom, 1 bathroom bungalow perfectly positioned on a rare 80x100 double lot in Flood Zone X, just minutes from vibrant downtown St. Petersburg.
The true star of this property is the land. With this double lot, the possibilities are endless. Prefer to keep the existing home? This charming bungalow gives you options. Renovate the main residence to create your ideal St. Pete home. You could add on, or knock down and build new, with space for a massive footprint. You could build a new accessory dwelling unit (ADU) for rental income, multigenerational living, a home office or studio, or a guest house. Or simply enjoy the home as-is and revel in having one of the largest, most usable yards in the neighborhood – perfect for a pool, garden, pets, play, or epic outdoor entertaining - complete with plenty of room to park your boat AND your RV.
You could even choose to subdivide the lots into 2 buildable lots by securing a variance with the City of St. Petersburg. The first steps toward splitting the massive double lot into two buildable lots have already been completed, paving the way for an incredible opportunity, in an area where nearby properties are selling for up to 1M, this is a tremendous opportunity for anyone looking to maximize value.
Inside, this cute bungalow offers an inviting layout with newer granite countertops in the kitchen and majority impact windows for peace of mind. Major systems have already been updated, with the roof and roof beams replaced in 2019 and the HVAC system updated in 2017, giving you a solid starting point for your vision.
All of this is located in a sought-after central St. Pete location: close to downtown, restaurants, shops, and beaches, yet tucked into a residential neighborhood where flooding is not a concern. Whether you are a developer, investor, or an end user wanting space and flexibility, this property delivers what so many others cannot – land, location, and endless possibilities. Come see the potential at 3317 18th St. N and imagine what you can create here.