Prime CRT-1 Zoned Property with Income Potential & Excellent Visibility! Positioned on bustling 1st Avenue South, this beautifully maintained Craftsman bungalow offers exceptional live/work and mixed-use potential in one of St. Petersburg’s most dynamic growth corridors. Zoned CRT-1 (Corridor Residential Traditional), this property supports a variety of commercial, office, and residential applications—making it an ideal opportunity for investors, business owners, or developers seeking flexible use and long-term upside. The main structure features a 2-bedroom, 2-bath layout showcasing classic architectural charm—original hardwood floors, cedar-lined closets, and a wood-burning fireplace—combined with thoughtful updates for functionality and comfort. A detached 216 sq. ft. studio suite currently generates $1,300/month (utilities included) in rental income and includes a kitchenette, full bath, and private entrance—perfect for a tenant, office, or on-site workspace. The fully fenced rear courtyard offers a private, low-maintenance retreat with custom paver detailing and outdoor space ideal for client meetings, employee breaks, or small gatherings. The property benefits from ample street parking and rear alley access, plus high daily traffic counts and exposure along 1st Avenue South. With CRT-1 zoning, permitted uses include: Professional offices (law, real estate, medical, design, accounting) Studios or small-scale retail/showroom space Personal services (salons, wellness, counseling, boutique fitness) Single-family or multi-unit residential occupancy This zoning allows owners to operate a business, collect rental income, or reside on-site—a rare combination of flexibility and investment stability in a prime central corridor. The location is strategically positioned along the SunRunner line, providing seamless access between Downtown St. Pete and the Gulf beaches, and surrounded by restaurants, retail, and residential redevelopment activity. Whether you’re seeking a commercial office conversion, live/work setup, or portfolio addition with strong rental demand, this property delivers charm, income, and opportunity in one outstanding package. Schedule your private showing today and secure this high-visibility, mixed-use investment in St. Petersburg’s thriving corridor.