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About this home
2848 Emerson Ave S is a home in East Roselawn, St Petersburg. Flood zone x - outside the FEMA high-risk areas, which keeps insurance manageable.
Rare double lot in the Warehouse Arts District/Palmetto Park with an approved city variance to split into TWO 42' x 90' BUILDABLE LOTS, or keep the full 84' x 90' (7,636 sq ft) as one canvas. BUILDERS AND DEVELOPERS: two single-family homes with ADUs now allowable due to variance, side-by-side townhomes, or a multi-family concept, subject to City of St. Petersburg zoning and approval. Two doors, four doors, or build-and-hold in a district with strong rental demand — the upside here is what you build. FLOOD ZONE X. Alley access. Public water and sewer at the site. The 1945 structure is a teardown, priced accordingly, so bring your plans and start clean. Steps from the galleries, studios, breweries and monthly ArtWalk that define this district, minutes to Central Avenue, downtown St. Pete, St. Anthony's Hospital, Publix, Whole Foods and Trader Joe's. Adjacent lot also available to assemble a larger project. Sold as-is; buyer to verify dimensions, zoning, density, variance status and permitting.
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The essentials
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$500,000
Time on market
53 days
Monthly payment
About $3,070/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $2,546 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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