531 16th Street S, Saint Petersburg, FL 33705
Local realty services provided by:CENTURY 21 Carioti
Listed by: zach steinberger, chase reilly
Office: compass florida llc.
MLS#:TB8451901
Source:MFRMLS
Price summary
- Price:$849,900
- Price per sq. ft.:$230.83
About this home
Welcome to 531 16th St S—an exceptionally rare .38-acre parcel in the heart of St. Petersburg offering outstanding flexibility, scale, and future upside. Set on one of the largest lots in the area, this property features a 3,300 SqFt residence with 6 bedrooms, 3.5 bathrooms, an attached in-law suite, and a massive backyard with room to expand, add amenities, or redevelop. Zoned CRT-1, this site allows for increased density, making it ideal for townhomes, mixed-use development, commercial use, or a continued residential setup with rental and multi-generational options. The existing in-law suite provides immediate income potential or extended family accommodations. The location is unmatched—mere steps from Tropicana Field, placing you at the center of one of the most significant and transformational redevelopment plans in the city’s history. With billions of dollars projected to flow into the surrounding district, this property sits in a prime position to benefit from explosive appreciation and long-term value growth. Whether you’re a developer looking for a strategically positioned CRT-1 site, an investor seeking a large-scale lot with versatile use cases, or a homeowner wanting unparalleled space near downtown, this property delivers exceptional opportunity. A massive lot, a large and flexible home, unmatched location, and major future upside—all in one package. Don’t miss this one.
Contact an agent
Home facts
- Year built:1945
- Listing ID #:TB8451901
- Added:15 day(s) ago
- Updated:December 12, 2025 at 01:16 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
- Full bathrooms:3
- Half bathrooms:1
- Living area:3,306 sq. ft.
Heating and cooling
- Cooling:Wall/Window Unit(s)
- Heating:Ductless
Structure and exterior
- Roof:Shingle
- Year built:1945
- Building area:3,306 sq. ft.
- Lot area:0.38 Acres
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$849,900
- Price per sq. ft.:$230.83
- Tax amount:$3,665 (2024)
New listings near 531 16th Street S
- New
$399,000Active3 beds 2 baths1,416 sq. ft.1818 Shore Acres Boulevard Ne, ST PETERSBURG, FL 33703
MLS# TB8454495Listed by: CHARLES RUTENBERG REALTY INC - New
$175,000Active2 beds 1 baths656 sq. ft.2438 9th Avenue S, ST PETERSBURG, FL 33712
MLS# TB8455940Listed by: FOREVER FLORIDA REAL ESTATE - Open Sun, 11am to 1pmNew
$1,290,000Active3 beds 2 baths2,172 sq. ft.1963 Tanglewood Drive Ne, ST PETERSBURG, FL 33702
MLS# TB8453154Listed by: KELLER WILLIAMS ST PETE REALTY - New
$209,999Active2 beds 2 baths1,075 sq. ft.4115 34th Way S #193, ST PETERSBURG, FL 33711
MLS# A4674910Listed by: REAL BROKER, LLC - New
$150,000Active0.13 Acres4380 57th Avenue N, ST PETERSBURG, FL 33714
MLS# A4675022Listed by: FLORIDA CAPITAL REALTY - New
$1,275,000Active0.21 Acres1135 81st Street S, ST PETERSBURG, FL 33707
MLS# TB8455906Listed by: ACCESS PARADISE REALTY - Open Sat, 11am to 1pmNew
$385,000Active3 beds 2 baths1,283 sq. ft.5501 Denver Street Ne, ST PETERSBURG, FL 33703
MLS# TB8455871Listed by: MOORE CREATIVE REALTY - New
$85,000Active1 beds 1 baths708 sq. ft.3315 58th Avenue S #315, ST PETERSBURG, FL 33712
MLS# TB8455276Listed by: LUXURY & BEACH REALTY INC - New
$608,160Active4 beds 3 baths2,172 sq. ft.4501 20th Avenue S, ST PETERSBURG, FL 33711
MLS# A4674908Listed by: FLORIDA CAPITAL REALTY - New
$515,000Active3 beds 2 baths1,572 sq. ft.524 50th Avenue S, ST PETERSBURG, FL 33705
MLS# TB8455781Listed by: AGILE GROUP REALTY