531 16Th St S St Petersburg, FL 33705
Rare .38-acre parcel with redevelopment potential near downtown St. Petersburg.
Lot size:
0.38 AcresProperty Features for 531 16Th St S
General Information
- Standard status
- Active
- Zoning
- CRT-1
- Lot size
- 0.38 Acres
Source:
Crexi
Listing Agency: Compass Listing Agent: Zach Steinberger
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Large Lot Near Tropicana Field
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.
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- St Petersburg
- County
- Pinellas
- State
- Florida
- Longitude
- -82.6551829
- Latitude
- 27.7650037
Nearby Similar for Sale
FAQs
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.
