531 16TH STREET ST PETERSBURG FL 33705

Overview of 531 16th St S

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.

This lovely single family home was built in 1945 and features 6 bedrooms, and 3 full bathrooms plus 1 half bath. This home for sale is 3,682 square feet, with 3,306 sq ft being air conditioned living space. The home has a does not have a private swimming pool.

Directions to this property are as follows: From 16th St S, Home Is On The Left.

Please contact your ZFC agent for more information about MLS# MFRTB8451901 or any other homes for sale in St Petersburg or elsewhere in the Pinellas County area.