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1331 16th S st - 1331 & 1345 16th St S 0.22 Acres of Residential Land Offered at $175,000 in Saint Petersburg, FL 33705


Investment Highlights
- Downtown St Petersburg,Walk to Central and Tropicana Field
Executive Summary
Don't miss this Investment Opportunity in Downtown St Petersburg. Take Advantage of this Vacant, Cleared Lot/ Ready to Build with approved plans for a duplex consisting of two, 3 bedrooms and 1 baths (Possible rezoning for quadplex). Buy, Build and Hold for substantial Cash flow and Future Appreciation. Your new construction multi family home will make an excellent opportunity to offer Affordable Housing in the city. St Pete Housing Authority offers Vouchers up to $2580 for a 3 bedroom and up to $3140 for a 4 bedroom in this location (per 2026 HUD Fair market Rents). Or build your own single family home and enjoy City Life and the Beaches alike. This lot is located just .8 of a mile to Tropicana Field, 1 mile to Central AVE. Walking/ Biking Distance to everything downtown St Pete has to offer! Double your ROI and purchase the adjacent lot as well. This opportunity is a prime candidate to capitalize on the city's growing housing demands while procuring a lucrative investment.
Property Facts
1 Lot Available
Lot
| Price | $175,000 | Lot Size | 0.22 AC |
| Price Per AC | $795,454.55 |
| Price | $175,000 |
| Price Per AC | $795,454.55 |
| Lot Size | 0.22 AC |
Downtown St Pete, Vacant Lot, Cleared, Plans approved
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Moderately walkable
60/100
Very drivable
80/100
Some public transit
50/100
Moderately bikeable
60/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $107,318 | Total Assessment | $107,318 |
Property Taxes
Parcel Numbers
Land Assessment
$107,318
Improvements Assessment
$0
Total Assessment
$107,318
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1331 16th S st - 1331 & 1345 16th St S
