Active
655 42ND AVE N
$710,000
Features:
Property Details
Remarks
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.
Financial Considerations
Price:
$710,000
HOA Fee:
N/A
Tax Amount:
$1406.35
Price per SqFt:
$57.58
Tax Legal Description:
BAY STATE SUB BLK A, LOTS 5 AND 6
Exterior Features
Lot Size:
12330
Lot Features:
Corner Lot, Oversized Lot, Sidewalk
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
N/A
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
N/A
Cooling:
N/A
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
N/A
Style:
N/A
Year Built:
N/A
Construction Type:
N/A
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
South
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
- Address655 42ND AVE N
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