216 29TH STREET S

St Petersburg, FL 33712
$419,000
1122 sqft | 1 bed | 1 bath | 0.15 acres | #U8224115

Description

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
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  • Interior Details
    • Interior Features
      • Interior:Ceiling Fans(s), Living Room/Dining Room Combo, Pest Guard System, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Wind
    • Beds & Baths
      • Bedrooms:1
      • Bathrooms:1
      • Full Baths:1
  • Property Details
    • Property
      • Lot description:Cleared
      • Exterior materials:Sidewalk
    • Measurements
      • Acres:0.15
      • Square Feet:1122
    • Parking
      • Parking spaces:1
  • Construction Details
    • Type & Style
      • Property type:Purchase
    • Condition
      • Year built:1920
    • Material information
      • Foundation:Crawlspace
  • Utilities / Energy Details
    • Utility
      • Sewer information:Public Sewer
      • Utility source:Public
      • Utility features:Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Community and Neighborhood Details
    • Community
      • Subdivision:PALMETTO PARK
    • Location
      • County:Pinellas
  • Financial Details
    • Pricing Details
      • Original List Price:$455, 000
      • Days on Market (Cumulative):310
      • Taxes annual:$1, 906
  • Restrictions
    • Pets
      • Pets Allowed:Yes
  • Other
    • Source
      • MLS #:U8224115

Location

Patricio R. MosqueraReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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