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531 16th Street S, St Petersburg, FL 33705

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For Sale

$849,900

6 beds • 3 baths • 1 half baths • 3,306 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • Newly Listed
    Time on Century 21

  • $257.08
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# TB8451901

Courtesy Of Compass

(727) 339-7902

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Ceiling Fan
  • Appliances
    Cooktop, Range, Refrigerator
  • Architecture Style
    Other
  • Exterior Type
    Brick
  • Fireplace
    Fireplace
  • Floor Covering
    Tile, Wood
  • Lot Size
    0.38 Acres
  • Rooms
    Kitchen, Living Room

Map and Directions

Directions to 531 16th Street S, St Petersburg, FL 33705

Home seller CENTURY 21 Real Estate Champions

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Real Estate Champions

(727) 398-2774
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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.