16TH N STREET, St Petersburg, FL 33716

The opportunity to acquire a cleared and graded commercial parcel located at a lighted intersection in St. Petersburg, FL. The site has
been identified as one of St. Petersburg’s “Blue Chip” sites as it is ideal for a hotel, office or industrial development due to its easy
access to both I-275 and Gandy Blvd and strong visibility. Stand alone retail is currently not an allowed use for the site. Water, sewer,
electric and telephone are available to the site. Seller will divide and may consider JV’s ground leases, build to suites and seller financing
depending on the buyer.