Under contract-accepting backup offers. This property, in the heart of downtown St. Petersburg, is site for one of the most exciting development opportunities. The 23,000 square feet of land features approximately 124 feet directly on Mirror Lake, with easy access to highways and public transportation. The property is zoned DC-2, which allows dense commercial and residential development. The site also features a maximum density of 7 FAR, with streamlined building approval for any site up to 150 feet and public hearing only required for any proposed building height that exceeds 150 feet. Demolition of all existing structures has been approved and the site is being sold as a development site with entitlements intact. The property offers unobstructed views of Mirror Lake and, further to the east, Tampa Bay.