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About This Home
This land at 655 42ND AVENUE N in ST PETERSBURG, FL is listed for $710,000 (0.28 acres).
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.
Key Features
- 0.28 acre lot
Location
655 42ND AVENUE N
ST PETERSBURG, FL 33703
BAY STATE SUB
Features & Amenities
Exterior Features
Questions & Answers
This 0-bedroom, 0-bathroom land at 655 42ND AVENUE N is listed at $710,000. The estimated monthly payment is $3,077 based on 20% down at 6.5% interest.
Key features include: 0.28 acre lot. Exterior Features: Corner Lot.
This property is listed by Ashley Frazier and can be reached at 7272395521 or ashleysellsfla@gmail.com.
