Cleared Duplex-Ready
1331 16th St S, St Petersburg, FL 33705
For Sale
$175,000
Vacant, cleared lot with approved plans for a duplex, with the option to pursue rezoning for additional units.
Property SizeContact for details
Days on Market144
Property Features for 1331 16th St S
General Information
Standard status
Property subtype
Listing Agency:
DHM REAL ESTATE GROUP LLC
Listed By:
Nancy Burris
(727) 793-7242
Source:
Fulcrum-residential
Added: Jun 22
Changed: Oct 25
Last Checked: Oct 4 at 2:30PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of DHM REAL ESTATE GROUP LLC
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Investment Insights
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This offering is for a vacant, cleared lot ready for new construction, with approved plans for a duplex configuration consisting of two 3-bedroom, 1-bath units. The property is positioned for flexible development options, including the possibility of pursuing rezoning for a quadplex.
The lot is located in downtown St. Petersburg at 1331 16th Street S. It is reported to be 0.8 miles from Tropicana Field and 1 mile from Central Ave, with walking or biking access to other downtown destinations.
For buyers, developers, or builders looking for a straightforward path to multi-family construction, the approved duplex plans provide a defined starting point for permitting and buildout. The remarks also note that the St. Pete Housing Authority offers vouchers based on bedroom size, and reference amounts tied to 2026 HUD fair market rents for 3-bedroom and 4-bedroom units, which may be relevant to affordable housing strategies in the area. Alternatively, an owner could pursue building a single-family home on the site, depending on applicable requirements.
The lot is located in downtown St. Petersburg at 1331 16th Street S. It is reported to be 0.8 miles from Tropicana Field and 1 mile from Central Ave, with walking or biking access to other downtown destinations.
For buyers, developers, or builders looking for a straightforward path to multi-family construction, the approved duplex plans provide a defined starting point for permitting and buildout. The remarks also note that the St. Pete Housing Authority offers vouchers based on bedroom size, and reference amounts tied to 2026 HUD fair market rents for 3-bedroom and 4-bedroom units, which may be relevant to affordable housing strategies in the area. Alternatively, an owner could pursue building a single-family home on the site, depending on applicable requirements.
Key Highlights
- Vacant, cleared lot ready to build in downtown St. Petersburg
- Approved plans for a duplex with two 3‑bedroom, 1‑bath units
- Option to pursue rezoning for a quadplex
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Location Intelligence
Trade Area within ½ mile
1,105
Businesses Nearby
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Business Placement
Demographics for 33705, FL
27,915
Population
15,171
Households
1.8
Avg Household Size
43
Median Age
36%
College-Educated
92%
High-School Grad
5.6 sq mi
ZIP Area
4,985
Density / Sq Mi
$70,783
Median Household Income
$40,370
Median Earnings
$1,457
Median Rent
$321,500
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Vacant, cleared lot with approved plans for a duplex, with the option to pursue rezoning for additional units.
Where is this residential land & home lot located?
The property is located at 1331 16th St S St Petersburg, FL.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Vacant, cleared lot ready to build in downtown St. Petersburg; Approved plans for a duplex with two 3‑bedroom, 1‑bath units; Option to pursue rezoning for a quadplex
