St. Petersburg Development on The Market

A development in St. Petersburg is offered for sale. Sixty90 represents an exciting opportunity to develop a 4-story wrap construction with 4-story structured parking directly on Central Avenue in booming St. Petersburg, FL. The site sits on 3.01+/- acres with 615+/- linear feet of frontage on Central Avenue. Current ownership has submitted and obtained city approval for current site plans and architectural drawings. The proposal includes 204 multifamily units averaging 992 rentable sq. ft. and 5,000 sq. ft. of ground floor retail. Current owners have contributed over $350,000 in on-site sanitary work and completed all the architectural, civil, survey, geotechnical, and environmental work. Sixty90 features a unique and advantageous location between Downtown St. Petersburg and St. Pete Beach. There is limited new supply that can compete with the proximity to both these demand drivers. Furthermore, the project will benefit from being in one of the best-performing multifamily markets in the United States.

View Sixty90 >>