33-unit apartment building approved for 4th Avenue South in downtown St. Pete
/A vacant 0.2-acre parcel three blocks east of Tropicana Field could be developed into a seven-story, 33-unit apartment building.
Located at 630 4th Avenue South, the property is owned by Yaron Levi of Onyx St. Pete LLC, which, according to SunBiz, has a Valley Stream, NY mailing address.
Onyx St. Pete LLC purchased the site in August 2022 for $1.55 million. A now-cancelled four-unit townhome project, SOMA, was once proposed for the site.
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A 31-acre office property along McCann Lake has received preliminary approval for what would become the largest apartment community in Pinellas Park, with 552 units, including at least 221 affordable apartments.
City staff approved the preliminary site plan on September 30th for 10222 MCI Drive in the Gateway Centre Business Park.
The two-phase development would replace an office campus with nine four-story apartment buildings, two clubhouses, pickleball courts, and 847 parking spaces.
The apartment proposal relies on Florida’s Live Local Act, which allows residential development on the industrially zoned property, provided that at least 40% of the apartments, or at least 221 units, are reserved for households earning at or below 120% of the area median income for a minimum of 30 years.
The remaining 331 apartments would be leased at market rates.
Plans call for apartments ranging from studios to three-bedroom units. All nine residential buildings would rise four stories, with a maximum height of 50 feet.