655 42nd Avenue N, St Petersburg, FL 33703
- $610,000
- Sold Price
- $610,000
- List Price
- $685,000
- Status
- Sold
- Days on Market
- 111
- Closing Date
- Jul 20, 2026
- MLS#
- TB8474192
- Lot Size
- 12,330
- Acres
- 0.28
- Total Acreage
- 1/4 to less than 1/2
- Legal Subdivision Name
- Bay State Sub
- MLS Area Major
- St Pete
Property 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. Petersburg’s 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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Additional Information
- Taxes
- $1406
- Location
- Corner Lot, Oversized Lot, Sidewalk
- Community Features
- No Deed Restriction
- Zoning
- NT-1
- Utilities
- Cable Connected, Sewer Connected, Water Connected
- Pool
- No Pool
- Elementary School
- John M Sexton Elementary-Pn
- Middle School
- Meadowlawn Middle-Pn
- High School
- Northeast High-PN
- Flood Zone Code
- X
- Parcel ID
- 06-31-17-05166-001-0050
- Legal Description
- BAY STATE SUB BLK A, LOTS 5 AND 6
Listing courtesy of DALTON WADE INC. 888-668-8283
Selling Office: STELLAR NON-MEMBER OFFICE.Mortgage Calculator
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