5029 12TH AVENUE N

PRIME REDEVELOPMENT OPPORTUNITY IN ST. PETERSBURG! Attention builders, investors, and future homeowners looking to bring their vision to life! Situated on an approximately 50' x 127' lot with rear alley access, this property presents an excellent opportunity for new construction in an established and evolving St. Petersburg neighborhood. With newer homes already constructed along the same street and throughout the surrounding area, the location offers compelling redevelopment potential. Located in a non-flood zone, with flood insurance generally not required by mortgage lenders, this property offers an additional advantage for future development. Rear alley access provides added flexibility for potential parking and garage configurations, subject to city approval. Conveniently located near vibrant downtown St. Petersburg, Gulf beaches, shopping, dining, parks, and major commuter routes, this location combines neighborhood charm with everyday accessibility. The existing home is in significant disrepair and is being sold AS-IS, with the primary value in the land. Whether you're a builder seeking your next project or a buyer looking to create a custom home, this is an opportunity to invest in an area experiencing continued redevelopment. Buyers are responsible for independently verifying zoning, setbacks, permitted uses, and redevelopment feasibility with the City of St. Petersburg.