Property
ActiveLand
1/16
$899,000

7001 & 7011 HIBISCUS AVENUE

South Pasadena, FL 33707
0
Beds
0
Baths
0
SqFt
0.59
Acres
STELLAR
#TB8494635
Updated: Jun 24, 2026, 8:08pm

Property Description

Huge Reduction! Developers and House Hackers take special notice! Rare double corner lot, in a true walk-to-all location with RM-10 zoning in the heart of highly desirable South Pasadena, just minutes from St Pete Beach, Central Avenue and Pinellas Trail. In particular interest to developers, this nearly .6 acre parcel consists of two platted lots, currently under common ownership, possessing the potential for the development of up to five townhomes (six with a possible variance).

7001 Hibiscus Ave S (Lot 18) - This parcel is .3 acres (allowing up to three dwelling units). It currently has two buildings; a 1960's-era block 1,344 sq ft single family home and a late 1990's compliant pillared three story 6,600 sq ft structure of which the primary second and third floors (4,400sf) are intact.

7011 Hibiscus Ave S (Lot 17) - This parcel is .296 acres (allowing up to two dwelling units). It currently has a 1950s-era wood frame single family home approved for reconstruction.

Structures are flood damaged (2024) and first floors have been remediated to studs and are ready for reconstruction or demo. Knock it all down and build up to 5 townhouses or renovate and ride the rental wave to big profits. Owner will consider separating and entertaining appropriate offers for 7001 Hibiscus alone.

UP TO 50% SELLER FINANCING MAY BE AVAILABLE FOR?BOTH LOTS - TERMS NEGOTIABLE.
Recent surveys included in the MLS attachments.
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Property Details

Highlights
View
Yes
Construction
Building Area Units
Square Feet
Direction Faces
South
Living Area Units
Square Feet
Site & Exterior
Current Use
Residential
Flood Zone Code
AE
I D X Participation
Yes
Lot Features
BuildableCorner LotFlood PlainCity LotOversized Lot
Lot Size Acres
0.59
Lot Size Area
26576
Lot Size Dimensions
151 x 176
Lot Size Square Feet
26576
Lot Size Units
Square Feet
Number Of Lots
2
Other Structures
Other
Public Survey Range
16
Public Survey Section
30
Road Frontage Type
Street PavedAlleyCity Street
Road Surface Type
PavedAsphalt
Sewer
Public Sewer
Total Acreage
1/2 to less than 1
Utilities
BB/HS Internet AvailableCable AvailableCable ConnectedElectricity AvailableSewer ConnectedWater - Multiple MetersWater Connected
Vegetation
Mature LandscapingTrees
View
CityGarden
Water Source
Public
Zoning
RM-10
Zoning Compatible
Yes
Financials
Additional Parcels
Yes
Additional Parcels Description
30-31-16-67518-061-0170
Calculated List Price By Calculated Sq Ft
33.83
Contract Status Change Date
2026-04-06
Current Adjacent Use
Multi-FamilyResidential
Current Price
899000
Feed Types
BBO
Owner Name
SALVATORE FRANCO & ROSALIND RUBINO-FRANCO
Ownership
Fee Simple
Parcel Number
303116675180610180
Price Per Acre
1523729
Public Survey Township
31
Tax Annual Amount
8792.86
Tax Block
61
Tax Book Number
7-15
Tax Legal Description
PASADENA ON THE GULF SEC C BLK 61, LOT 18 & THAT PART OF LOT 17 DESC BEG MOST E'LY COR OF SD LOT 17 TH SW'LY 100FT ALG SE'LY LOT LINE TH NE'LY 100.13FT TO POINT ON NE'LY LOT LINE 4 FT NW'LY OF MOST E'LY LOT COR TH SE'LY 4FT TO POB
Tax Lot
18
Tax Year
2025

Neighborhood & Lifestyle

Community & Association
M L S Area Major
33707 - St Pete/South Pasadena/Gulfport/St Pete Bch
Subdivision Name
PASADENA ON THE GULF SEC C
Listing provided courtesy of STELLAR via IDX. Updated: Jun 24, 2026, 8:08pm.
Jeff Copeland

Listing Agent

COPELAND MORGAN LLC