531 16TH STREET S ST PETERSBURG, FL 33705
$849,900
6 Beds
3.5 Baths
3306 sqft
MLS#
TB8451901
Type
Single Family Residence
Status
Active Listing
Square Footage
3,306
Bedrooms
6
Bathrooms
3 full | 1 half
Year Built
1945
Tax Amount
$3,665
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 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.
Cooling:Wall/Window Unit(s)
Sidewalk
Ceiling Fan(s)
per month
Principal & Interest
Property Tax
Mortage Insurance
HOA
Home Owners Insurance
The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations. Copyright 2025 Southwest Florida MLS organizations. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.
All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2025 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed.
© 2025 Beaches Multiple Listing Service, Inc. All rights reserved.
The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS's Miami Association of Realtors, and the Realtor Association of Greater Ft. Lauderdale.
Information is deemed reliable but not guaranteed. Copyright 2025, Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. All rights reserved. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.
Some properties that appear for sale on this limited electronic display may no longer be available. For the most current information, contact one of our agents.