Rare development opportunity in the highly sought after Warehouse Arts District of St. Petersburg. This property features 2 separate entrances. Property Features an approved city variance, offering exceptional flexibility for redevelopment, including potential for an ADU, triplex, or quadplex (buyer to verify with city/county). Ideal for investors or developers looking to maximize returns in a rapidly growing, high demand area. Build a primary residence with income producing units, create a multifamily asset, or design a modern live/work compound. Located just minutes from Central Avenue, Downtown St. Pete, St. Anthonys Hospital, and major retailers including Publix, Whole Foods Market, and Trader Joes. Positioned in a thriving arts and cultural hub with strong rental demand and long term appreciation potential. Non flood zone. High upside. Endless possibilities.