Aerial view of a sold NTM-1 zoned duplex lot in St. Petersburg, FL. 7,810 sq ft with up to 5-unit development potential on a prime commercial corridor

Can You Spot the Opportunity?

June 25, 20261 min read

For every property, there’s an opportunity it just depends on if you know all the different ways to look at things and then weigh and measure your wants, needs and goals.

Several people when they came to see this duplex were like “That’s a crappy duplex, needs work” and walked away.

Then came the buyers who were like “This is situated on a generous 7,810 sq ft lot and zoned NTM-1, it currently has an income producing duplex with the immediate upside of a longer-term development plan.

The zoning for this property allows up to a FIVE-Unit density. We can renovate and stabilize the current units while pursuing the next expansion.

Land in St Petersburg, FL is such a valuable asset due to limited quantity. This property being zoned NTM-1 on one of St Pete’s most vibrant commercial corridor is increasingly hard to find at the price point. The purchase of this property then became a no-brainer for the right buyer.

I’m here to help YOU with your real estate goals & dreams! Selling, buying or investing, let’s get this done for you. Finding opportunities and negotiating for your interests is ALWAYS my goal in any transaction! Call me today.

🔸Laura Marie, REALTOR®
Helping you strategically Buy, Sell & Invest
Laura Marie Group @ eXp Realty
YourHomeSoldFL.com
(727) 350-7003

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Laura Marie

Laura Marie

🔸Laura Marie, REALTOR® Helping you Sell, Buy & Invest Creative Real Estate Deals Laura Marie Group @ eXp Realty YourHomeSoldFL.com (727) 350-7003

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