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    531 16Th St S St Petersburg, FL 33705

    For Sale
    $849,900

    Land - ST PETERSBURG, FL

    Lot size:
    0.38 Acres
    Days on Market:
    14
    Last Refresh:
    Dec 9 at 12:06 am

    Property Features for 531 16Th St S

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    24-31-16-68436-000-0010
    Lot size
    0.38 Acres

    Building Details

    Architectural style
    Other

    Compass (305) 851-2820 [email protected]

    Listing agent Zach Steinberger (727) 339-7902 License #3438328

    Listing date Nov 26, 2025

    MLS# TB8451903 Listing URL

    Copyright © 2025 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.

    Overview

    Large Lot Near Tropicana Field

    Located in St. Petersburg, this 0.38-acre parcel features a 3,300 sq ft residence with 6 bedrooms and 3.5 bathrooms. The property includes an attached in-law suite and a large backyard, offering room for expansion, amenities, or redevelopment. Zoned CRT-1, the site allows for increased density, making it suitable for townhomes, mixed-use development, commercial use, or continued residential use with rental and multi-generational options. The in-law suite provides immediate income potential or extended family accommodations. Situated steps from Tropicana Field, the property is located at the center of a significant redevelopment plan. With substantial investment projected for the surrounding district, this property is positioned to benefit from appreciation and long-term value growth. It is suitable for developers seeking a strategically positioned CRT-1 site, investors looking for a large-scale lot with versatile use cases, or homeowners desiring space near downtown.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    St Petersburg
    County
    Pinellas
    State
    Florida
    Longitude
    -82.65517
    Latitude
    27.764998

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    FAQs

    What type of property is this?
    Commercial land - Rare 0.38-acre parcel near Tropicana Field with redevelopment potential.
    Where is this commercial land located?
    The property is located at 531 16Th St S St Petersburg, FL.
    What is the asking price?
    The asking price for this property is $849,900.
    What are key features of this property?
    This property features: - Rare .38-acre lot in downtown St. Petersburg, offering significant space and potential.; - CRT-1 zoning allows for increased density, townhomes, mixed-use, commercial, or residential development.; - Prime location near Tropicana Field, poised to benefit from billions in redevelopment investment.
    (727) 339-7902
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    531 16Th St S St Petersburg, FL 33705
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    St Petersburg, FL 33705
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    531 16Th St S St Petersburg, FL 33705
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