655 42nd Avenue N, Saint Petersburg, FL 33703
Local realty services provided by:ERA American Suncoast
655 42nd Avenue N,St Petersburg, FL 33703
$710,000
- 0.28 Acres
- Lots / Land
- Active
Listed by: ashley frazier
Office: dalton wade inc
MLS#:TB8474192
Source:MFRMLS
Price summary
- Price:$710,000
About this home
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.
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Home facts
- Listing ID #:TB8474192
- Added:12 day(s) ago
- Updated:February 25, 2026 at 01:05 PM
Structure and exterior
- Lot area:0.28 Acres
Schools
- High school:Northeast High-PN
- Middle school:Meadowlawn Middle-PN
- Elementary school:John M Sexton Elementary-PN
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$710,000
- Tax amount:$1,406 (2025)
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