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About This Home
This 2-bedroom, 2-bathroom single family at 655 42ND AVENUE N in ST PETERSBURG, FL is listed for $710,000 ($547 per sqft). Built in 1958, the home offers 1,298 sqft of living space on a 0.28 acres lot.
Rare Double Lot Opportunity in Allendale Oaks – Subdividable + ADU Zoning (NT-1)
Located in the highly desirable, high-and-dry Greater Allendale area, this well-maintained concrete block home offers comfort today with exceptional future potential. The bright, inviting interior features an enclosed Florida Room, plus an attached two-car garage complete with a full bathroom and laundry area.
Major mechanical updates include a new HVAC system (2024) and water heater (2023). Additional improvements include impact-resistant windows, an updated kitchen with granite countertops, and stainless-steel appliances.
Situated on an oversized 0.28-acre lot (90 x 137), the property is beautifully landscaped with mature oak, mango, and papaya trees and supported by a well-water irrigation system.
Zoned NT-1, the property offers the potential to subdivide into two oversized buildable parcels, each allowing for a single-family residence plus an Accessory Dwelling Unit. Ideal for homeowners, investors, or developers seeking flexibility and long-term upside.
Opportunities like this are rare in one of St. Petersburg’s most established and sought-after neighborhoods—whether you plan to live, expand, or develop, this property delivers immediate livability and future value potential.
Key Features
- Built in 1958
- 0.28 acre lot
Property Details
Monthly Cost Estimate
$3,797/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
655 42ND AVENUE N
ST PETERSBURG, FL 33703
BAY STATE SUB
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 2-bedroom, 2-bathroom single family at 655 42ND AVENUE N is listed at $710,000 ($547/sqft). The estimated monthly payment is $3,077 based on 20% down at 6.5% interest.
Key features include: Built in 1958, 0.28 acre lot. Interior Features: Ceiling Fans(s). Exterior Features: Corner Lot.
This property is listed by Ashley Frazier and can be reached at 7272395521 or ashleysellsfla@gmail.com.