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About this home
5296 66th Way N is a 1971-built home in Pine Knoll, St Petersburg. Inside you'll find 4 bedrooms, 2 bathrooms, and 2,671 square feet of living space. Listed at $1,100,000 (about $412/sqft), 6 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
A Unique Property with Exceptional Space, Character & Development Potential. Enjoy an exceptional location with a property that offers far more than just a home. One of its greatest opportunities may be the potential to develop 4 plots for additional residential units on the expansive open portion of the property, subject to zoning verification, site plan approval, and applicable permitting. Zoned R-4, the property presents an exciting opportunity for investors, developers, or homeowners looking to maximize its potential. RARE ST. PETERSBURG POTENTIAL DEVELOPMENT OPPORTUNITY! Approximately 0.75 acres with reported R-4 zoning and an existing distinctive 4-bedroom, 2-bath home. The expansive rear grounds offer an exciting opportunity to explore additional residential development while retaining the existing residence. Featuring a spring-fed pond, mature cypress trees providing a peaceful natural setting, a four-car garage, and unique architectural details, this property offers a combination of residential character, privacy, and potential investment upside. In addition to its development possibilities, the property offers tremendous outdoor space for enhancing the landscaping, improving curb appeal, or creating a private family retreat and recreational paradise. A Home Full of Distinctive Character. Inside, the home offers unique architectural details and natural materials rarely found in today's properties. The distinctive family room showcases rustic log-cabin-style walls, a beautiful cedar mantel, and distinctive terra-cotta mosaic flooring. The attention to natural materials continues throughout the home: All closets are constructed entirely of cedar wood. Bathroom cabinetry, bathtub, and shower feature real bamboo construction. Exterior wood siding is constructed entirely of redwood. The spacious deck features cypress throughout. The home offers 4 bedrooms and 2 bathrooms, providing plenty of room for comfortable living. Exceptional Garage & Workshop Potential. A four-car garage offers convenient entry and exit from both the front and rear of the home. Part of the garage could be made into a Wine Cellar. Adding to its versatility, the garage features railroad rails beneath the floor and I-beams across the ceiling, potentially making it especially useful for automotive enthusiasts, mechanical projects, or workshop activities. The property's unique access provides additional privacy and convenience for residents, guests, and potential future development. Several significant improvements have already been completed: New air-conditioning system. New roof. Recently painted interior. New soft-gray laminate flooring. A Rare Combination of Location, Space & Opportunity. Whether you're looking for a distinctive family home with room to enjoy the outdoors, a property with exceptional workshop capabilities, or an investment opportunity with potential for additional residential units, this property deserves a closer look. With its expansive grounds, spring-fed pond, mature trees, distinctive construction details, and potential R-4 development opportunity, this is a property offering possibilities well beyond the ordinary, ... and of course, near all shopping, airports and downtown St Petersburg entertainment.
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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
$1,100,000
$412 per sq ft
Beds and baths
4 beds, 2 baths
Size
2,671 sq ft
Time on market
6 days
Year built
1971
Monthly payment
About $6,443/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $1,876 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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