Under contract-accepting backup offers. Charming Investment Opportunity in Nestled in the heart of St. Petersburg. While the existing 1,200 sq ft single-family home, built in 1953, requires significant renovation, the true value lies in its exceptional location and expansive lot. Property Highlights: Lot Size: The property boasts a generous lot with dimensions of 150' x 150' x 70' x 70', providing ample space for potential redevelopment or expansion. Proximity to Amenities: Residents will appreciate the convenience of nearby shopping and dining options, ensuring daily necessities and leisure activities are within easy reach. Beach Access: The renowned Gulf beaches are a short drive away, offering sun-soaked days and picturesque sunsets. Sports and Recreation: For sports enthusiasts, the area is rich with recreational facilities and activities, catering to a variety of interests. Investment Potential: Given its prime location and substantial lot size, this property presents an ideal opportunity for those looking to develop a profitable Airbnb rental. The demand for vacation rentals in St. Petersburg remains robust, and with thoughtful renovation or redevelopment, this property could become a sought-after destination for visitors. While the current structure requires attention, the unparalleled location and potential for development make this home noteworthy consideration for investors and visionaries alike.