Prime Development Opportunity Located in the heart of the highly sought-after Magnolia Heights neighborhood, this oversized lot is zoned and ready for development, offering a rare and valuable opportunity for developers and investors. The property currently features 9 studio-style homes and multiple storage sheds, providing immediate rental income while you finalize your vision. This expansive parcel presents the perfect canvas for building luxury single-family homes or modern townhomes in one of St. Petersburg’s most desirable areas. With easy access to major roads, you're just minutes from Downtown St. Pete, the 4th Street corridor, shopping, dining, and world-famous Gulf beaches. Don’t miss this exceptional opportunity to capitalize on location, scale, and potential — properties like this are hard to find!
For sale
$1,299,000
3617 12th St N, Saint Petersburg, FL 33704
--beds
9baths
2,740sqft
Est.:
Multi Family
Built in 1939
-- sqft lot
$-- Zestimate®
$474/sqft
$-- HOA
What's special
- 70 days
- on Zillow |
- 444 |
- 14 |
Zillow last checked: 7 hours ago
Listing updated: July 24, 2025 at 10:51am
Listing Provided by:
Betty Rohe 301-366-3208,
LUXURY & BEACH REALTY INC 727-800-5906
Source: Stellar MLS,MLS#: TB8395506
Originating MLS: Suncoast Tampa

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 9
Heating
- Wall Units / Window Unit
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: None
Features
- Open Floorplan
- Flooring: Vinyl
- Has fireplace: No
- Common walls with other units/homes: Corner Unit
Interior area
- Total interior livable area: 2,740 sqft
Video & virtual tour
Property
Features
- Fencing: Fenced
Lot
- Size: 0.4 Acres
- Dimensions: 115 x 150
Details
- Parcel number: 123116094860000320
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1939
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public
Community & HOA
Community
- Subdivision: BOARDMAN & GOETZ GARDENS TRACTS
HOA
- Has HOA: No
- Pet fee: $0 monthly
Location
- Region: Saint Petersburg
Financial & listing details
- Price per square foot: $474/sqft
- Tax assessed value: $600,000
- Annual tax amount: $7,986
- Date on market: 6/11/2025
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Lease term: 12 Months
- Total actual rent: 0
- Road surface type: Paved
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