208 48TH AVENUE N

Under contract-accepting backup offers. Located in the highly desirable Northeast Park neighborhood, this oversized NT-1 zoned double lot presents a rare opportunity to secure land in an area surrounded by newer million-dollar homes and continued redevelopment. The existing structure sustained damage and will require a full renovation, making this an ideal option for buyers looking to restore, redesign, or build to their specifications. The true value lies in the lot itself — offering exceptional size, flexibility, and potential, including the possibility to subdivide into two buildable parcels (buyer to verify with the City of St. Petersburg). Positioned just off 4th Street North and approximately five minutes to Downtown St. Petersburg, the location provides convenient access to Coffee Pot Bayou, Weedon Island Preserve, shopping, dining, major interstates, and area airports. Whether you’re looking to renovate, build new, or secure property in a rapidly appreciating neighborhood, opportunities like this in Northeast Park are becoming increasingly limited. Property is located in Flood Zone AE; buyers should verify elevation and building requirements.