Bzaico

Description

BUILD YOUR VISION IN THE HEART OF SNELL ISLE! Exceptional development opportunity on a 77 x 128 vacant lot located on picturesque Mateo Way NE in one of St. Petersburg's most established neighborhoods. Featuring convenient alley access, this property offers the potential for two townhomes or multifamily development of up to 10 units, subject to buyer verification and City approval. Enjoy an unbeatable location just a short stroll from the waterfront, the Vinoy Golf Club, parks, and everything vibrant downtown St. Petersburg has to offer, including award winning dining, shopping, museums, and entertainment. Approved building plans are readily available upon request for buyers who wish to bring the current vision to life, or take advantage of the opportunity to design a completely custom project from the ground up. Whether you're a builder, developer, or investor, this property offers outstanding flexibility in one of St. Petersburg's most desirable locations.

RRENA EstimateLow confidence

$840k

+5.1% vs asking

Based on 27 comparable sales within 4 miles of ST PETERSBURG, FL. priced under RENA estimate.

Reference only. Estimates blend public comps, cap-rate trend and the listing’s own metrics. Final price moves on diligence, terms and timing — RENA is your second read, not your broker.

Location

257 MATEO WAY, ST PETERSBURG, FL

Open in OpenStreetMap

Verified by bzaico

Identity-confirmed broker, license checked against the state board on the day of listing. Title and tax records cross-referenced by RENA. Discrepancies, if any, are surfaced in the deal room.