1005 16TH STREET N ST PETERSBURG FL 33705 MLS #TB8459034

Mixed-use investment opportunity in Euclid St. Paul’s, just minutes from downtown St. Petersburg on high-visibility 16th Street corridor. On an oversized, irregular corner lot with alley access, this property is zoned CRT-1 with a PR-MU future land use designation, allowing up to five residential units by right, or seven with a density bonus under NTM-1 standards. The existing four-bedroom, two-bath structure may be converted for multifamily or office use through the city’s Change of Use process. Ideal for redevelopment as a duplex, triplex, office or mixed-use configuration. Close to Crescent Lake, MLK Street dining, parks, St. Anthony’s Hospital, USF St. Pete and Interstate 275. City zoning and use documentation available. A rare opportunity for real estate investors seeking flexibility and long-term upside in a central growth corridor.