Prime Development Opportunity in Greater Allendale - Double Lot, NT-1 Zoning, ADU-Eligible.Rare opportunity to acquire a 0.28-acre (90 x 137) double lot in the desirable, high-and-dry Greater Allendale neighborhood. Zoned NT-1, this property offers potential to subdivide into two oversized buildable parcels, each eligible for a single-family residence plus an Accessory Dwelling Unit (ADU).The existing concrete block 2-bedroom, 2-bath home is well maintained and allows for immediate usability for rental income or interim use while pursuing development plans. Recent updates include HVAC (2024), water heater (2023), impact-resistant windows, and an upgraded kitchen with granite countertops and stainless-steel appliances.The expansive corner lot features rear alley access, offering flexibility for future site planning. Located within Greater Allendale, this property benefits from consistent neighborhood demand, proximity to downtown St. Petersburg, and long-term redevelopment upside.Ideal for developers, builders, or investors seeking a low-density, infill development opportunity in one of St. Petersburg's most established neighborhoods.
Listed By
Agency Name: DALTON WADE INC
Agency Contact: 888-668-8283
Shown By
Agent Name: Martie Mitchell
Agent Phone: Cell: (386) 310-3166
Agency Title: Adams Cameron & Co. REALTORS
Estimated Payment
$ 4,103.17 per month $3,778.92 Principal & Interest $117.17 Property Tax $207.08 Homeowner's Insurance
655 42nd Avenue N | MLS# TB8474192
This land located at 655 42nd Avenue N, Saint Petersburg, FL 33703 is currently listed for sale with an asking price of $710,000. The property has approximately 0.28 Acres. Search Saint Petersburg real estate on www.welcomehomedaytona.com today.