5134 SALMON DR SE #A
St. Petersburg / Waterside At Coquina Key South Спільнота
2, 2, 1,018ft²
MLS#: TB8453277
One or more photo(s) has been virtually staged. MOTIVATED SELLER: Substantial Closing Discount + Call for Additional Incentives!
Turnkey Duplex + Rare NTM-1 Double Lot in South St. Pete
Unlock immediate cash flow and massive future development potential in one acquisition. Sitting on a sprawling 12,700 sq. ft. double lot (100 x 127), this property features a fully renovated 3-bed/1-bath main house and a spacious, separate 1-bed/1-bath ADU. Both units are vacant, move-in ready, and separately metered, featuring solid hardwood floors, updated kitchens, New Roofs (2021), and New ACs (2018).
The Value Play: While the existing structures generate immediate rental income, the rare NTM-1 zoning offers incredible upside. The lot allows for up to 8 total residential units. You can build 3-4 units immediately on the vacant portion of the lot while renting the existing homes, or plan a full 8-unit redevelopment for maximum equity.
Located just 1 mile from the ARC Innovation District, Bayfront Health, and Downtown St. Pete, this is a secure foothold in a rapidly appreciating corridor. Buyer to verify all development projections with the City.
Driving directions : Get on I-275 S Follow I-275 S to 5th Ave S. Take the exit toward M L King Jr St S/8th St S from I-175 E Take 9th St S/Dr. M.L.K. Jr St S to 18th Ave S
| Rooms | Dimension | Description |
|---|---|---|
| Primary Bedroom | 13x10 | First level , Wood |
| Additional Bedroom | 15x10 | First level , Wood |
| Bathroom 3 | 10x13 | First level , Wood |
| Living Room | 12x18 | First level , Wood |
| Kitchen | 22x15 | First level , Wood |
| Bedroom 4 | 18x12 | First level |
St. Petersburg / Waterside At Coquina Key South Спільнота
2, 2, 1,018ft²
MLS#: TB8453277
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St. Petersburg / Waterside At Coquina Key South Спільнота
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MLS#: U8250944
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MLS#: TB8414298