$849,900

531 16TH STREET S, St Petersburg, FL 33705

Land
Built in ——
0.38acre lot
—— car garage
$——/sqft
Listed 1 month ago

Property Description

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 sq ft 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.

Listing Status:: Active
Date Added:: November 26, 2025 at 06:00AM
Listing Office:: COMPASS FLORIDA LLC : 727-339-7902
Listing Agent:: Zach Steinberger : 941-539-7253
MLS ID:: TB8451903

Road/Access: Asphalt
Originating MLS: Stellar MLS
County: Pinellas

Zoning: PERKINS'G.W. REPLAT LOT 1 LESS N 80FT & LESS S 21.4 FT OF W 50FT24-31-16-68436-000-0010
Current Use: Residential

Utilities: Cable ConnectedSewer ConnectedWater Connected
Water: Public
Sewer: Public Sewer

Source: Stellar MLS
Ownership: Fee Simple

This listing courtesy of Zach Steinberger, COMPASS FLORIDA LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Campbell Park Elementary

1051 7th Ave S, Saint Petersburg, FL, 33705

Grades PK-5

0.34 miles away

John Hopkins Middle School

701 16th St S, Saint Petersburg, FL, 33705

Grades 6-8

0.16 miles away

Pinellas Mycroschool of Integrated Academics and Technologie

840 3rd Ave S, Saint Petersburg, FL, 33701

Grades 9-12

0.60 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.