Residential Property - Single Family Residence in St Petersburg
Listing Price: $849,900 (Mortgage Calculator →)
Description of Property
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.
Bedrooms: 6
Bathrooms: 3
Half Baths: 1
Sq. Ft. Gross: 3,682
Garage: No
Carport: Yes1 vehicles
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: St Petersburg
County: Pinellas
Subdivision: Perkins G W Rep
Bedrooms: 6
Bathrooms: 3
Half Baths: 1
Sq. Ft. Gross: 3,682
Sq. Ft. Living Area: 3,306
Cost per (heated) sqare foot: $257
Year built: 1945
Annual Tax: $3,665
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances: Refrigerator
Fireplace: Yes
Fireplace Features: Decorative
Flooring: Hardwood
Pool & Waterfront Info
Private Pool: Not specified
Exterior & Construction
Construction: Wood Frame
Foundation: Crawlspace
Roof: Shingle
Exterior Features: Sidewalk
Carport: Yes
Carport Spaces: 1
Floors Total: 2
Floors in Unit: Two
Cooling: Wall/Window Unit(s)
Heating & Fuel: Wall Units / Window Unit
Sewer: Public Sewer
Water Source: Public
Lot Information
Lot Size (acres): 0.38
Lot Size (sq. ft.): 16,352 square feet
Lot Dimensions: 121 x 135
Front Exposure: East
Legal Description & Other Information
Parcel Number: 243116684360000010
Tax Legal Desc.: PERKINS', G.W. REPLAT LOT 1 LESS N 80FT & LESS S 21.4 FT OF W 50FT
Section: 24
Range: 16
Listing courtesy of COMPASS FLORIDA LLC. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.