357 3rd St S
- Prime Downtown St. Pete Location
- ±15,000 SF Development Site
- DC-2 High-Intensity Zoning
- Up to 7.0 FAR
- ±105,000 SF Potential
- Ideal for Residential or Hospitality
- Mixed-Use Development Potential
- 94 Walk Score | 90 Bike Score
- 10+ Parks & Beaches Nearby
- Blocks from Waldorf Astoria & Roche Bobois
- Steps from St. Pete's Arts & Culture
- 15-Minute Walk to Top Restaurants
- Blocks from Central Ave Nightlife
- Strong Surrounding Development Momentum
Property Description
357 3rd St S presents a compelling development opportunity in the heart of Downtown St. Petersburg. The site offers immediate access to the city’s vibrant downtown core, surrounded by acclaimed restaurants, cafés, entertainment, waterfront parks, cultural attractions. .The surrounding area is experiencing significant investment and transformation of luxury residential developments such as Roche Bobois and Waldorf Astoria sites. DC-2 zoning: Designed for intense residential development or hospitality while allowing complementary retail, office and other supporting uses. Up to 7.0 FAR: DC-2 provides a 3.0 base FAR, with the potential to reach 7.0 FAR through applicable bonuses/approvals. Approximately 105,000 SF at 7.0 FAR: Based on the approximately 15,000-SF parcel, 7.0 FAR equates to roughly 105,000 SF of gross floor area before accounting for exclusions, design requirements, parking and other applicable regulations. Residential-forward zoning: DC-2 specifically emphasizes multifamily residential development, making the site well suited for hotel/hospitality, condominiums, apartments or other multifamily concepts. Mixed-use flexibility: Supporting retail, restaurants, services and office uses can be incorporated into qualifying projects. idential development or hospitality while allowing complementary retail, office and other supporting uses.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Land/Development |
| Price: | $6,250,000 |
| No. of Units: | 1 |
| Year Built: | 1924 |
| Lot Size: | 0.34 Acres |
| Opportunity Zone: | No |
| Price per unit: | $6,250,000 |
| Property Website | Click Here |
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