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    655 42nd Avenue N
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    PRICED AT ONLY: $685,000

    Address: 655 42nd Avenue N, ST PETERSBURG, FL 33703

    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. Petersburgs 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.
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    • MLS#: TB8474192 ( Land )
    • Street Address: 655 42nd Avenue N
    • Viewed: 27
    • Price: $685,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: Not Available
    • Bldg sqft: 0
    • Days On Market: 87
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    Features
    Building and Construction
    • Covered Spaces: 0.00
    • Living Area: 0.00
    Land Information
    • Lot Features: Corner Lot, Oversized Lot, Sidewalk
    School Information
    • High School: Northeast High-PN
    • Middle School: Meadowlawn Middle-PN
    • School Elementary: John M Sexton Elementary-PN
    Garage and Parking
    • Garage Spaces: 0.00
    • Open Parking Spaces: 0.00
    Eco-Communities
    • Water Source: Public
    Utilities
    • Carport Spaces: 0.00
    • Sewer: Public Sewer
    • Utilities: Cable Connected, Sewer Connected, Water Connected
    Finance and Tax Information
    • Home Owners Association Fee: 0.00
    • Insurance Expense: 0.00
    • Net Operating Income: 0.00
    • Other Expense: 0.00
    • Tax Year: 2025
    Other Features
    • Country: US
    • Current Use: Residential
    • Legal Description: BAY STATE SUB BLK A, LOTS 5 AND 6
    • Area Major: 33703 - St Pete
    • Parcel Number: 06-31-17-05166-001-0050
    • Views: 27
    • Zoning Code: NT-1
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