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341-357 3rd St - Corner Development Site Near Waldorf Astoria 0.22 Acres of Commercial Land Offered at $6,250,000 in Saint Petersburg, FL 33701



Investment Highlights
- Ideally located between Beach Dr and Central Ave Corridors
- Blocks from upcoming development projects: Waldorf Astoria & Roche Bobois
- Within a 15 minute walk of Downtown’s 10 best restaurants
- 94 walkability and 90 bikability score
- Epicenter of St Pete arts and culture
- Just blocks from Central Ave nightlife
Executive Summary
Located at 357 3rd Street South, this prime corner development site is positioned within one of downtown St. Petersburg’s fastest-evolving luxury corridors, in close proximity to the future Waldorf Astoria Residences and the new Roche Bobois Tower. 357 3rd St S presents a compelling development opportunity in the heart of Downtown St. Petersburg. The site offers immediate access to the city’s vibrant downtown core, surrounded by acclaimed restaurants, cafés, entertainment, waterfront parks, cultural attractions.
Zoned DC-2, the property supports a range of residential or mixed-use development opportunities consistent with downtown density and height allowances. Its corner configuration enhances design flexibility, visibility, and access — creating strong potential for a hotel, boutique residential, mixed-use, or strategic urban project aligned with the area’s continued growth.
Surrounded by transformative investment and increasing demand for luxury urban living, 357 3rd St S offers developers a compelling opportunity to deliver within one of downtown’s most active development zones.
Zoned DC-2, the property supports a range of residential or mixed-use development opportunities consistent with downtown density and height allowances. Its corner configuration enhances design flexibility, visibility, and access — creating strong potential for a hotel, boutique residential, mixed-use, or strategic urban project aligned with the area’s continued growth.
Surrounded by transformative investment and increasing demand for luxury urban living, 357 3rd St S offers developers a compelling opportunity to deliver within one of downtown’s most active development zones.
Property Facts
| Price | $6,250,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.22 AC |
| Property Type | Land | No. Stories | 2 |
| Zoning | DC-2 | ||
| Price | $6,250,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.22 AC |
| No. Stories | 2 |
| Zoning | DC-2 |
1 Lot Available
Lot
| Price | $6,250,000 | Lot Size | 0.22 AC |
| Price Per AC | $28,409,090.91 |
| Price | $6,250,000 |
| Price Per AC | $28,409,090.91 |
| Lot Size | 0.22 AC |
Corner development site at 357 3rd St S in downtown St. Petersburg, located near the future Waldorf Astoria Residences and Roche Bobois developments. Zoned DC-2, the property allows for flexible residential or mixed-use development.
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Moderately walkable
70/100
Moderately drivable
70/100
Strong public transit
80/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 19-31-17-81864-000-0120 | Improvements Assessment | $0 |
| Land Assessment | $2,022,000 | Total Assessment | $2,022,000 |
Property Taxes
Parcel Number
19-31-17-81864-000-0120
Land Assessment
$2,022,000
Improvements Assessment
$0
Total Assessment
$2,022,000
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