$790,000
7321 1ST AVE S, ST PETERSBURG, FL 33707
ActiveProperty details
About this home
PRIME 1031 CANDIDATE!! Possible medical redevelopment site. Possible residential redevelopment site. Back on the market through no fault of the seller. A two-story office building with industrial 2 car garage on 0.17 acre lot with option to purchase two contiguous lots (0.17 acres each in size) for a total of 0.54 acres, all zoned CRT-1. The two contiguous lots are cleared and graded. The existing building is perfectly suited for companies with trucks and/or heavy equipment, such as HVAC, plumbing, or general contracting firms in need of office space, fenced outdoor storage, indoor storage areas, and high-ceiling garage bays. Its upstairs bonus space can support a multitude of venue purposes. There are a total four (4) office spaces and two (2) bathrooms plus lobby/reception area. The alley running behind both the building and the lots can accommodate a variety of uses for either the office or the residences. This is also a unique turnkey investor opportunity in sought-after St. Petersburg along a well-traveled corridor, complete with plans, renderings, and permitting to construct a total of 12 open-concept townhomes which would require all three lots and the demolition of the existing building. Townhome concept is three-story, three-bedroom, two-full-bath, and two-half-bath townhomes with optional private elevators that traverse all floors, from the rooftop terraces to the kitchens and down to the two-car garages. Situated along a picturesque bike trail, this ideal parcel is one block from Sunset Park, the Treasure Island Causeway, and unparalleled beaches to the west, while just 15min drive to downtown St. Pete's restaurants, and retail. Both vacant lots are being advertised separately under MLS #’s TB8470017 and TB8470032.
Keep exploring
Listings courtesy of Stellar MLS as distributed by MLS GRID. MLS #MFR780543180. Listing brokerage: RE/MAX ACTION FIRST OF FLORIDA. Status: Active.
IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but not guaranteed by MLS GRID. Properties displayed may be listed or sold by various participants in the MLS.
Based on information submitted to the MLS GRID as of November 7, 2026 at 10:00 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Information deemed reliable but not guaranteed. All listings are subject to prior sale, change, or withdrawal. Neither the listing broker(s) nor Vectis by Wolliz shall be responsible for any typographical errors, misinformation, or misprints. © 2026 Vectis by Wolliz, Inc.
