Welcome to 531 16th St S—an exceptionally rare .38-acre parcel in the heart of St. Petersburg offering outstanding flexibility, scale, and future upside. Set on one of the largest lots in the area, this property features a 3,300 SqFt residence with 6 bedrooms, 3.5 bathrooms, an attached in-law suite, and… Read More a massive backyard with room to expand, add amenities, or redevelop. Zoned CRT-1, this site allows for increased density, making it ideal for townhomes, mixed-use development, commercial use, or a continued residential setup with rental and multi-generational options. The existing in-law suite provides immediate income potential or extended family accommodations. The location is unmatched—mere steps from Tropicana Field, placing you at the center of one of the most significant and transformational redevelopment plans in the city’s history. With billions of dollars projected to flow into the surrounding district, this property sits in a prime position to benefit from explosive appreciation and long-term value growth. Whether you’re a developer looking for a strategically positioned CRT-1 site, an investor seeking a large-scale lot with versatile use cases, or a homeowner wanting unparalleled space near downtown, this property delivers exceptional opportunity. A massive lot, a large and flexible home, unmatched location, and major future upside—all in one package. Don’t miss this one. Read Less
Courtesy of COMPASS FLORIDA LLC 727-339-7902
Listing Snapshot
Days Online
1
Last Updated
Property Type
Single Family Residence
Beds
6
Full Baths
3
Partial Baths
1
Square Ft.
3,306
Lot Size
0.38 Acres
Year Built
1945
MLS Number
TB8451901
Additional Details
Property Access
Road Surface: Asphalt
Appliances & Equipment
Cooktop, Range, Range Hood, Refrigerator
Building
Built in 1945, Living area: 3306, Living area units: Square Feet, Building faces East, 2 stories, Levels: Two, Construction Materials: Brick, Frame
Cooling
Wall/Window Unit(s)
Exterior Features
Sidewalk
Fireplaces
Decorative
Floors
Tile, Wood
Foundation
Crawlspace
Heating
Ductless
Interior Features
Ceiling Fans(s)
Laundry
Inside
Lot
0.38 acres, Dimensions: 121x135
Parking
1 carport space
Roof
Shingle
Sewer
Public Sewer
Taxes
Additional parcels description:, Parcel Number: 24-31-16-68436-000-0010, Public Survey Range: 16, Public Survey Section: 24, Annual Amount: $3,665.46, Tax Book Number: 29-67, Legal Description: PERKINS', G.W. REPLAT LOT 1 LESS N 80FT & LESS S 21.4 FT OF W 50FT, Lot: 1, Year: 2024
Utilities
Electricity Connected, Sewer Connected, Water Connected, Water Source: Public
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