# 655 42ND AVENUE N, ST PETERSBURG, FL 33703

> **TL;DR:** land, $710,000. Est. $3,077/mo. Listed 60 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $710,000 |
| Lot Size | 12,197 sqft (0.28 acres) |
| Property Type | Land (Other) |
| Status | For Sale |
| Days on Market | 60 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $3,077 |
| **Total** | **$3,077** |

## Nearby Schools

- **Elementary:** John M Sexton Elementary-PN
- **Middle:** Meadowlawn Middle-PN
- **High:** Northeast High-PN

## Property Highlights

- 0.28 acre lot

## Description

### Agent 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.

## Location

- **Address:** 655 42ND AVENUE N, ST PETERSBURG, FL 33703
- **County:** Pinellas
- **Neighborhood:** BAY STATE SUB
- **Coordinates:** 27.810522, -82.642399
- **Google Maps:** https://www.google.com/maps?q=27.810522,-82.642399

## Listing Agent

- **Name:** Ashley Frazier
- **Brokerage:** DALTON WADE INC
- **Phone:** 7272395521
- **Email:** ashleysellsfla@gmail.com

## Primary Photo

![655 42ND AVENUE N - Primary Photo](http://lh.rdcpix.com/1fe4cd5f6310398c910139f092efca2bl-f750379797r.jpg)

*5 total photos available on [listing page](https://www.propertysimple.com/listing/655-42nd-avenue-n-st-petersburg-fl-33703-b8474192)*

---

**MLS#:** TB8474192 | **Updated:** 2026-04-29
**Source:** listhub

*Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/655-42nd-avenue-n-st-petersburg-fl-33703-b8474192)

---

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  "description": "Prime Development Opportunity in Greater Allendale – Double Lot, NT-1 Zoning, ADU-Eligible.\r\nRare 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).\r\nThe existing concrete block 2-bedroom, 2-bath home is well maintained and allows for immediate usability",
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