Ad #7825431
MLS #TB8474192
Under contract-accepting backup offers. Price Improvement -
655 42ND AVE N, St. Petersburg, FL 33703
$685,000
--Beds
--Baths
--Sqft
0.28Acres
About this property
Under contract-accepting backup offers. Price Improvement - Prime Development Opportunity in Greater Allendale! Subdividable and ADU eligible - NT-1 zoning
Now offered at an improved price, this rare 0.28-acre (90 x 137) double lot in the highly desirable, high-and-dry Greater Allendale neighborhood presents exceptional potential for builders, developers, and investors. Zoned NT-1, the property offers the opportunity to subdivide into two oversized buildable parcels, each eligible for a single-family residence plus an Accessory Dwelling Unit (ADU).
The existing well-maintained concrete block 2-bedroom, 2-bath home provides immediate usability for rental income, owner occupancy, or interim use while development plans are finalized. Recent upgrades include HVAC (2024), water heater (2023), impact-resistant windows, and an updated kitchen with granite countertops and stainless steel appliances.
Positioned on an expansive corner lot with rear alley access, the property offers added flexibility for site planning, access, and future construction.
Located in one of St. Petersburg's most established and sought-after neighborhoods, Greater Allendale continues to see strong demand thanks to its charm, high elevation, and close proximity to downtown.
Whether you are looking for an infill development opportunity, long-term hold, or value-add investment, this property delivers location, flexibility, and upside that rarely come available.
Property Features
0 Beds
0 Baths
0 Sqft
0.28 Acres
$1,406 / yr property tax
Pinellas County
BAY STATE SUB Community
Additional Photos
Contact Information
Ashley Frazier
Dalton Wade, Inc.
727-239-5521
Location
Listing Agent: Ashley Frazier (License #: 3442859) 727-239-5521
Broker: Dalton Wade, Inc. 727-888-4175 Listing Site
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Dalton Wade, Inc. 727-888-4175 Listing Site
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Aug 12, 2026
Photo Gallery
$685,000
--
Beds
--
Baths
--
Sqft
655 42ND AVE N, St. Petersburg, FL 33703
By contacting this agent you agree to these Terms and Conditions.
MLS# TB8474192
Under contract-accepting backup offers. Price Improvement -
$685,000
655 42ND AVE N, St. Petersburg, FL 33703
--
Beds
--
Baths
--
Sqft
0.28
Acres
$685,000
655 42ND AVE N, St. Petersburg, FL 33703
-- Beds
-- Baths
-- Sqft
0.28 Acres
Under contract-accepting backup offers. Price Improvement - Prime Development Opportunity in Greater Allendale! Subdividable and ADU eligible - NT-1 zoning
Now offered at an improved price, this rare 0.28-acre (90 x 137) double lot in the highly desirable, high-and-dry Greater Allendale neighborhood presents exceptional potential for builders, developers, and investors. Zoned NT-1, the property offers the opportunity to subdivide into two oversized buildable parcels, each eligible for a single-family residence plus an Accessory Dwelling Unit (ADU).
The existing well-maintained concrete block 2-bedroom, 2-bath home provides immediate usability for rental income, owner occupancy, or interim use while development plans are finalized. Recent upgrades include HVAC (2024), water heater (2023), impact-resistant windows, and an updated kitchen with granite countertops and stainless steel appliances.
Positioned on an expansive corner lot with rear alley access, the property offers added flexibility for site planning, access, and future construction.
Located in one of St. Petersburg's most established and sought-after neighborhoods, Greater Allendale continues to see strong demand thanks to its charm, high elevation, and close proximity to downtown.
Whether you are looking for an infill development opportunity, long-term hold, or value-add investment, this property delivers location, flexibility, and upside that rarely come available.
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Property Details
HOME DETAILS
0 Beds
0 Baths
0 Sqft
0.28 Acres
FINANCIAL & COMMUNITY
$1,406 / yr property tax
Pinellas County
BAY STATE SUB Community
Location
Mortgage Calculator
Ad Statistics
Ad Number
7825431
Viewed
0 time
Listing Status
Pending
Added
Jun 25, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
Stellar MLS
Source Property ID
TB8474192
Listing Agent: Ashley Frazier (License #: 3442859) 727-239-5521
Broker: Dalton Wade, Inc. 727-888-4175 Listing Site
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Dalton Wade, Inc. 727-888-4175 Listing Site
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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