Based on 5 reviews
The property at 4830 Chancellor St NE is a for-sale-by-owner real estate listing in the Shore Acres neighborhood of St. Petersburg. It consists of a 10,001 square foot corner double lot with written city approval for two new builds, currently priced at $379,000 cash only. The lot includes a midcentury home with vaulted ceilings, exposed beams, clerestory windows, and a stacked-stone fireplace, which sustained flood damage during Hurricane Helene and is being sold as-is.
This property is designed for buyers looking to build two new homes, restore the existing midcentury structure, or utilize the oversized lot for additions such as a pool, ADU, or RV/boat storage. The listing outlines three possible uses for the property, making it suitable for developers, investors, or those seeking a unique restoration project in a fast-developing area.
Shore Acres is described as a fast-developing, highly sought-after golf-cart-friendly community minutes from downtown St. Pete. Elevated new-construction homes continue to drive demand up and down these blocks, making it a prime location for development.
The terms for purchasing this property are cash offers only, with no wholesalers, assignable contracts, or subject-to offers allowed. The seller makes no warranties or representations, and the property is sold strictly AS-IS with a maximum 7-day inspection period for buyers.
The property is located at 4830 Chancellor St NE in St. Petersburg, FL 33703. It is a for-sale-by-owner listing with a business phone number of +17272825185, and serious cash buyers are encouraged to call or text to inquire.
The official website of 4830 Chancellor St NE is 4830-chancellor.com.
On Trustburn, 4830 Chancellor St NE has a rating of 4 out of 5 based on 5 reviews.
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The property shows promise with its city-approved permits for two builds and attractive midcentury details like the stacked-stone fireplace. However, the as-is sale means buyers must accept the current condition, including flood damage from Hurricane Helene. While the groundwork is done, the lack of warranties suggests that thorough inspections are necessary before committing to the purchase or restoration efforts.
I appreciate how easy it is to get in touch. The listing clearly lists the phone number and text option for serious cash buyers, making the inquiry process straightforward without unnecessary hurdles or delays.
The location offers convenient access to downtown St. Pete while maintaining a quiet neighborhood feel suitable for redevelopment projects.
Analyzing the provided details for 4830 Chancellor St NE reveals a compelling case for investment or development in St. Petersburg. The property sits on an oversized corner lot exceeding ten thousand square feet, located in a fast-developing and highly sought-after neighborhood. What stands out is the secured written city approval for two buildable lots, which reduces regulatory risk for future builders. The structure itself features striking midcentury modern elements, including vaulted ceilings, exposed beams, and clerestory windows, offering aesthetic value even in an as-is condition. The neighborhood’s proximity to downtown and its golf-cart-friendly layout enhance its appeal. While flood damage from Hurricane Helene is noted, the interior walls have been dried out, presenting a clean slate. This combination of location, approved permits, and architectural character supports a positive outlook for those seeking redevelopment opportunities.
The listing presents an interesting opportunity for those interested in redevelopment within the Shore Acres area. From the information available, the property offers a unique double-lot configuration with city-approved permits for two new builds already in hand. However, prospective buyers should carefully review the financial terms before committing. The requirement for cash offers only excludes financing options that many standard purchasers rely on, which could significantly limit the pool of potential buyers. Additionally, the property is sold strictly as-is, meaning no warranties are provided by the seller regarding the condition of the structure. While the midcentury architecture has potential, the financial constraints and lack of seller guarantees suggest that due diligence is essential before proceeding with any transaction or booking for a walkthrough.
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The property at 4830 Chancellor St NE is a for-sale-by-owner real estate listing in the Shore Acres neighborhood of St. Petersburg. It consists of a 10,001 square foot corner double lot with written city approval for two new builds, currently priced at $379,000 cash only. The lot includes a midcentury home with vaulted ceilings, exposed beams, clerestory windows, and a stacked-stone fireplace, which sustained flood damage during Hurricane Helene and is being sold as-is. The listing outlines three possible uses for the property: building two new homes, restoring the existing midcentury structure, or utilizing the oversized lot for additions such as a pool, ADU, or RV/boat storage.