655 42ND AVENUE N ST PETERSBURG FL 33703 MLS #TB8469420

There are multiple listings for this address:
655 42ND AVENUE N
ST PETERSBURG, FL, 33703
$710,000
2 Beds
2 Baths
1,298 SqFt
0.28 Acres
Add
MLS #TB8469420 image #0
Prime Development Opportunity in Greater Allendale – Double Lot, NT-1 Zoning, ADU-Eligible.
Rare opportunity to acquire a 0.28-acre (90 x 137) double lot in the desirable, high-and-dry Greater Allendale neighborhood. Zoned NT-1, this property offers potential to subdivide into two oversized buildable parcels, each eligible for a single-family residence plus an Accessory Dwelling Unit (ADU).
The existing concrete block 2-bedroom, 2-bath home is well maintained and allows for immediate usability for rental income or interim use while pursuing development plans. Recent updates include HVAC (2024), water heater (2023), impact-resistant windows, and an upgraded kitchen with granite countertops and stainless-steel appliances.
The expansive corner lot features rear alley access, offering flexibility for future site planning. Located within Greater Allendale, this property benefits from consistent neighborhood demand, proximity to downtown St. Petersburg, and long-term redevelopment upside.
Ideal for developers, builders, or investors seeking a low-density, infill development opportunity in one of St. Petersburg’s most established neighborhoods.

Property Details

Price:
$710,000
MLS #:
TB8469420
Status:
Active
Beds:
2
Baths:
2
Type:
Single Family
Subdivision:
BAY STATE SUB
Neighborhood:
33703stpete
Listed Date:
Feb 12, 2026
Finished Sq Ft:
1,298
Lot Size:
12,330 sqft / 0.28 acres (approx)
33703 – St Pete33703stpeteBay State SubJohn M Sexton Elementary-pnMeadowlawn Middle-pnNortheast High-pnResidential

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Schools

Elementary School:
John M Sexton Elementary-PN
Middle School:
Meadowlawn Middle-PN
High School:
Northeast High-PN

Interior

Exterior

Direction Faces
South
Lot Features
Corner Lot, Oversized Lot, Sidewalk

Financial

Tax Year
2025
Taxes
$1,406

Map

Community

Subdivisions in ST PETERSBURG

Market Summary

Current real estate data for Single Family in ST PETERSBURG as of Apr 18, 2026
1,720
Single Family Listed
103
Avg DOM
409
Avg $ / SqFt
$889,642
Avg List Price

Property Summary

    Located in the BAY STATE SUB subdivision, 655 42ND AVENUE N ST PETERSBURG FL is a Single Family for sale in ST PETERSBURG, FL, 33703. It is listed for $710,000 and features 2 beds, 2 baths, and has approximately 1,298 square feet of living space.The current price per square foot is $547. The average price per square foot for Single Family listings in ST PETERSBURG is $409. The average listing price for Single Family in ST PETERSBURG is $889,642.

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655 42ND AVENUE N
ST PETERSBURG, FL
655 42ND AVENUE N
ST PETERSBURG, FL, 33703
$710,000
Beds
0 Baths
0 SqFt
0.28 Acres
Add
MLS #TB8474192 image #0
Prime Development Opportunity in Greater Allendale – Double Lot, NT-1 Zoning, ADU-Eligible.
Rare opportunity to acquire a 0.28-acre (90 x 137) double lot in the desirable, high-and-dry Greater Allendale neighborhood. Zoned NT-1, this property offers potential to subdivide into two oversized buildable parcels, each eligible for a single-family residence plus an Accessory Dwelling Unit (ADU).
The existing concrete block 2-bedroom, 2-bath home is well maintained and allows for immediate usability for rental income or interim use while pursuing development plans. Recent updates include HVAC (2024), water heater (2023), impact-resistant windows, and an upgraded kitchen with granite countertops and stainless-steel appliances.
The expansive corner lot features rear alley access, offering flexibility for future site planning. Located within Greater Allendale, this property benefits from consistent neighborhood demand, proximity to downtown St. Petersburg, and long-term redevelopment upside.
Ideal for developers, builders, or investors seeking a low-density, infill development opportunity in one of St. Petersburg’s most established neighborhoods.

Property Details

Price:
$710,000
MLS #:
TB8474192
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Subdivision:
BAY STATE SUB
Neighborhood:
33703stpete
Listed Date:
Feb 12, 2026
Lot Size:
12,330 sqft / 0.28 acres (approx)
33703 – St Pete33703stpeteBay State SubJohn M Sexton Elementary-pnMeadowlawn Middle-pnNortheast High-pnResidential

Ask a Question

See this Listing

Send
  

Schools

Elementary School:
John M Sexton Elementary-PN
Middle School:
Meadowlawn Middle-PN
High School:
Northeast High-PN

Interior

Exterior

Direction Faces
South
Lot Features
Corner Lot, Oversized Lot, Sidewalk

Financial

Tax Year
2025
Taxes
$1,406

Map

Community

Subdivisions in ST PETERSBURG

Market Summary

Current real estate data for Land in ST PETERSBURG as of Apr 18, 2026
1,720
Land Listed
103
Avg DOM
409
Avg $ / SqFt
$889,642
Avg List Price

Property Summary

    Located in the BAY STATE SUB subdivision, 655 42ND AVENUE N ST PETERSBURG FL is a Land for sale in ST PETERSBURG, FL, 33703. It is listed for $710,000 and features 0 acres.

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