LOT SIZE 0.280 acres
MLS#TB8474192
STATUSActive
PROPERTY TYPELand - Residential
SUBDIVISIONBAY STATE
Property Description
Prime Development Opportunity in Greater Allendale - Double Lot, NT-1 Zoning, ADU-Eligible.Rare opportunity to acquire a 0.28-acre (90 x 137) double lot in the desirable, high-and-dry Greater Allendale neighborhood. Zoned NT-1, this property offers potential to subdivide into two oversized buildable parcels, each eligible for a single-family residence plus an Accessory Dwelling Unit (ADU).The existing concrete block 2-bedroom, 2-bath home is well maintained and allows for immediate usability for rental income or interim use while pursuing development plans. Recent updates include HVAC (2024), water heater (2023), impact-resistant windows, and an upgraded kitchen with granite countertops and stainless-steel appliances.The expansive corner lot features rear alley access, offering flexibility for future site planning. Located within Greater Allendale, this property benefits from consistent neighborhood demand, proximity to downtown St. Petersburg, and long-term redevelopment upside.Ideal for developers, builders, or investors seeking a low-density, infill development opportunity in one of St. Petersburg's most established neighborhoods.
Property Features
Property Type: Land - Residential
Lot Size: 0.28 Acres
Taxes: $1,406
Feature Descriptions
Days on Site: 20
Directions: From 4th Street: Head West on 42nd Ave N. Property will be on the corner of 7th Street and 42nd Ave.
Flood Zone Code: X
Home Warranty Y/N: No
Lot: Corner Lot, Oversized Lot, Sidewalk
Lot Dimensions: 0.28
Number of Wells: 1
Ownership: Fee Simple
Property Attached Y/N: No
Sewer: Public Sewer
Showing Instructions: Supra Lock Box, Appointment Only
Special Sale Provisions: None
Utilities: Cable Connected, Sewer Connected, Water Connected
Vegetation: Mature Landscaping
Water: Public
Water Access Y/N: No
Zoning: NT-1
Local Schools
High School: Northeast High-PN
Middle School: Meadowlawn Middle-PN
Elementary School: John M Sexton Elementary-PN
Listed By / Shown By
Listed By
Agency Name: DALTON WADE INC
Agency Contact: 888-668-8283
Shown By
Agency Title: Adams Cameron & Co. REALTORS - Commercial
Agency Phone: (386) 252-3120
Estimate Your Payment
Estimated Payment
$ 4,103.17 per month $3,778.92 Principal & Interest $117.17 Property Tax $207.08 Homeowner's Insurance
655 42nd Avenue N | MLS# TB8474192
This land located at 655 42nd Avenue N, Saint Petersburg, FL 33703 is currently listed for sale with an asking price of $710,000. The property has approximately 0.28 Acres. Search Saint Petersburg real estate on www.adamscameroncommercial.com today.