Active

$849,900

Features:
  • 6 Bedrooms
  • 4 Bathrooms
  • 3306 sq ft
Overview
  • ID: MFRTB8451901
  • Bedrooms: 6
  • Bathrooms: 4
  • Size: 3306 sq ft
Property Details
Remarks
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 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.
Financial Considerations
Price:
$849,900
HOA Fee:
N/A
Tax Amount:
$3665.46
Price per SqFt:
$257.08
Tax Legal Description:
PERKINS', G.W. REPLAT LOT 1 LESS N 80FT & LESS S 21.4 FT OF W 50FT
Exterior Features
Lot Size:
16352
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
6
Bathrooms:
4
Heating:
Ductless
Cooling:
Wall/Window Unit(s)
Appliances:
Cooktop, Range, Range Hood, Refrigerator
Furnished:
Yes
Floor:
Tile, Wood
Levels:
Two
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1945
Construction Type:
Brick, Frame
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
East
Pets Allowed:
No
Special Condition:
None
Additional Features:
Sidewalk
Additional Features 2:
N/A
Map
  • Address
    531 16TH ST S
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