Large Lot Near Tropicana
For Sale
Contact for pricing
531 16th St S, St Petersburg, FL 33705
Rare .38-acre parcel with redevelopment potential near downtown St. Petersburg.
Property Size3,300 SF
Lot Size0.38 Acres
Price / SF$257.27
Days on Market200
Property Features for 531 16th St S
General Information
Standard status
Active
Size
3,300 SF
Lot size
0.38 Acres
Property subtype
Land
Zoning
CRT-1
Listing Agency:
Compass
(941) 539-7253
Listed By:
Zach Steinberger · License #FL 3438328
Source:
Crexi
Added: Feb 3
Changed: Aug 8
Last Checked: Aug 8 at 6:21AM
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 Compass
Investment Insights
Based on property information with market context.
Located at 531 16th St S in St. Petersburg, this property is a .38-acre parcel improved with a 3,300 sq ft residence. The residence includes 6 bedrooms and 3.5 bathrooms, along with an attached in-law suite. The property is zoned CRT-1, which allows for increased density and supports various uses, including townhomes, mixed-use development, and commercial applications, as well as continued residential use with rental and multi-generational options. The existing in-law suite offers immediate income potential or accommodations for extended family. The property is located steps from Tropicana Field, positioning it within a district undergoing significant redevelopment. This location is expected to benefit from substantial investment and long-term value growth. The large backyard provides room for expansion, additional amenities, or redevelopment.
Key Highlights
- Large .38‑acre lot in the heart of St. Petersburg.
- CRT‑1 zoning allows for increased density, townhomes, mixed‑use, commercial, or residential use.
- Located steps from Tropicana Field and the city's major redevelopment project.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,586
Businesses Nearby
Explore this area
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Rare .38-acre parcel with redevelopment potential near downtown St. Petersburg.
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 $849,000.
What are key features of this property?
This property features: Large .38‑acre lot in the heart of St. Petersburg.; CRT‑1 zoning allows for increased density, townhomes, mixed‑use, commercial, or residential use.; Located steps from Tropicana Field and the city's major redevelopment project.
