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Julia Vakulenko - Broker -

Main Home Exterior Main Home Exterior/ Land PLot Main Home + 50 x 124 Plot Main Home LIving Main Home Bedroom Main Home Kitchen Main Home Kitchen Main Home Kitchen Main Home Living Main Home Living Main Home Living TB8447251 TB8447251 TB8447251 TB8447251 TB8447251 Main Home Screened in Porch Main Home Screened in Porch TB8447251 Main Home secondary Bedroom Main Home secondary Bedroom Main Home Bathroom Main Home Bathroom Main Home Utility Main Home Utility Main Home Utility Main Home and ADU ADU Backyard ADU Front Door ADU Backyard ADU Living ADU Bedroom ADU Living ADU Kitchen ADU Kitchen TB8447251 ADU Kitchen ADU Bathroom ADU Bathroom ADU Bedroom ADU Bedroom ADU Bedroom
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944 18TH AVE S, ST PETERSBURG, 33705



Property highlights

  • MLS#: TB8447251
  • 12,667.00 lot size Sq.Ft.
  • Year built: 1938
  • Listed: 11/12/2025
  • Taxes: $5,240.73

Property Overview

One or more photo(s) has been virtually staged. Developer's Dream & Completely Updated Cash Flow King:
Rare Double Lot (12,700 Sq Ft) with NTM-1 Zoning in Prime St. Pete Location
Address: 944 18th Ave S, St. Petersburg, FL

Welcome to an unparalleled investment opportunity! This offering is not just a renovated duplex; it's a massive, high-density development site combined with immediate move in or rental income, set in the heart of rapidly gentrifying South St. Petersburg.

The Investment Proposition: Build Up to 8 Units
RARE NTM-1 Zoning: The most critical feature. This special New Town Mixed-Use 1 designation allows for a significant density increase, setting this property apart from the competition.

Double Lot (100 x 127): A sprawling 12,700 sq ft lot, perfect for phased development.

Immediate Cash Flow: This is one of the few properties offering an updated single family Home with ADU plus a vacant, buildable lot.

The Existing Structures: Vacant & Move-In Ready
Both the Main House and the Accessory Dwelling Unit (ADU) are vacant and ready for immediate occupancy or new tenant placement, allowing you to generate income instantly while planning your development.

Main House: A charming, newly renovated 3-bedroom, 1-bathroom unit featuring solid hardwood flooring and a dedicated laundry area.

ADU (Attached/Separate): A spacious 1-bedroom, 1-bathroom unit with an updated kitchen and large living room.

Maintenance: New Roof (2021) and AC (2018).

Investor-Friendly Utilities: Completely separate power and water meters for both units, eliminating landlord responsibility for utility payments!

Phase 1 (Vacant Lot): Confirm with the City of St. Petersburg: The vacant portion of the lot is approved for the construction of up to 3/4 residential dwelling units under the NTM-1 zoning.

Phase 2 (Future Upside): Knock down the existing structures and construct an ADDITIONAL 4 units for a total potential build-out of 8 dwelling units or a more complex mixed-use project.

?? Unbeatable Location: Growth is Here
Enjoy significant property appreciation surrounded by major development:

1 Mile Radius: Walk or bike to the thriving ARC Innovation District, Bayfront Health Medical Center, and the vibrant energy of Downtown St. Petersburg.

Gentrification: New construction is unfolding all around this address. Secure your foothold in this rapidly appreciating corridor.

This is arguably the best-value cash-flowing duplex with a vacant lot and high-density zoning in St. Petersburg right now. Don't miss this chance to build serious wealth.

CALL TODAY to schedule a private showing.

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

Property Features

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

Interior Features

  • Ceiling Fans(s)

Appliances

  • Convection Oven
  • Dishwasher
  • Electric Water Heater
  • Microwave
  • Range
  • Refrigerator

Heating

  • Electric

Laundry features

  • Washer Hookup

Air Conditioning

  • Central Air

Floor Covering

  • Ceramic Tile
  • Concrete
  • Tile
  • Wood

Utilities

  • Cable Available
  • Electricity Available
  • Electricity Connected
  • Public
  • Sewer Available
  • Sewer Connected
  • Water Available

Exterior features

  • Garden

Parking features

  • Alley Access

Patio and porch features

  • Front Porch
  • Screened

Architectural Style

  • Bungalow

Construction Materials

  • Frame

Road Surface Type

  • Asphalt

Roof

  • Shingle

Foundation

  • Crawlspace

Lot Features

  • Landscaped
  • Level
  • Oversized Lot

School Information


Listing information courtesy of ATLAS REALTY GROUP

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