655 42ND AVE N, St Petersburg, FL 33703
655 42ND AVE N, St Petersburg, FL 33703
655 42ND AVE N, St Petersburg, FL 33703
655 42ND AVE N, St Petersburg, FL 33703
655 42ND AVE N, St Petersburg, FL 33703
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$ 685,000
Est. payment | /mo

0.28 Acres Lot


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$ 685,000
Est. payment | /mo
Save

0.28 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Residential

Listing Status Active

Purchase Type For Sale

Subdivision Bay State Sub

MLS Listing ID TB8474192

HOA Y/N No

Annual Tax Amount $1,406

Lot Size 0.280 Acres

Acres 0.28

Lot Dimensions 90 x 137

Property Sub-Type Residential

Source Stellar MLS

Property Description

Price Improvement – Prime Development Opportunity in Greater Allendale! Subdividable and ADU eligible - NT-1 zoning
Now offered at an improved price, this rare 0.28-acre (90 x 137) double lot in the highly desirable, high-and-dry Greater Allendale neighborhood presents exceptional potential for builders, developers, and investors. Zoned NT-1, the property offers the opportunity to subdivide into two oversized buildable parcels, each eligible for a single-family residence plus an Accessory Dwelling Unit (ADU).
The existing well-maintained concrete block 2-bedroom, 2-bath home provides immediate usability for rental income, owner occupancy, or interim use while development plans are finalized. Recent upgrades include HVAC (2024), water heater (2023), impact-resistant windows, and an updated kitchen with granite countertops and stainless steel appliances.
Positioned on an expansive corner lot with rear alley access, the property offers added flexibility for site planning, access, and future construction.
Located in one of St. Petersburg's most established and sought-after neighborhoods, Greater Allendale continues to see strong demand thanks to its charm, high elevation, and close proximity to downtown.
Whether you are looking for an infill development opportunity, long-term hold, or value-add investment, this property delivers location, flexibility, and upside that rarely come available.

Location

State FL

County Pinellas

Community Bay State Sub

Area 33703 - St Pete

Zoning NT-1

Direction N

Exterior

Utilities Available Cable Connected, Sewer Connected, Water Connected

Building

Lot Description Corner Lot, Oversized Lot, Sidewalk

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Schools

Elementary Schools John M Sexton Elementary-Pn

Middle Schools Meadowlawn Middle-Pn

High Schools Northeast High-Pn

Others

Ownership Fee Simple

Special Listing Condition None

Stellar MLS
Listed by Ashley Frazier DALTON WADE INC

Nearby Locations

Renee Lorde

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(321) 444-3446

lordreneer@gmail.com

Lakeland, Florida, 33701, USA

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655 42ND AVE N