Presented By: DALTON WADE INC with 888-668-8283. - 888-668-8283
MLS# TB8474192
02/09/2026
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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.
Presented By: DALTON WADE INC with 888-668-8283. - 888-668-8283
Interior Features for 655 42ND AVENUE N
Bathrooms
Total Baths
General for 655 42ND AVENUE N
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
CityST PETERSBURG
CountyPinellas
Current UseResidential
DirectionsFrom 4th Street: Head West on 42nd Ave N. Property will be on the corner of 7th Street and 42nd Ave.
Elementary SchoolJohn M Sexton Elementary-PN
Facing DirectionSouth
Flood Zone CodeX
Flood Zone Code XY
High SchoolNortheast High-PN
Legal DescriptionBAY STATE SUB BLK A, LOTS 5 AND 6
Living Area UnitsSquare Feet
Lot Size Square Feet12330
Lot Size UnitsSquare Feet
MLS Area33703 - St Pete
Middle/Junior High SchoolMeadowlawn Middle-PN
OwnershipFee Simple
Property TypeLand
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameBAY STATE SUB
Tax Annual Amount1406.35
Tax Lot0050
Tax Year2025
UtilitiesCable Connected, Sewer Connected, Water Connected
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