Rare development opportunity in the highly sought after Warehouse Arts District of St. Petersburg. This 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.