531 16TH STREET, ST PETERSBURG, FL 33705
For Sale1 / 39

$849,900

6 bd·3.5 ba·3,306 sqft

531 16TH STREET, ST PETERSBURG, FL 33705

MLS# TB8451901

Type

House

Year Built

1945

Lot Size

0.38 acres

$/sqft

$257

Days on Market

113

Annual Tax

$3,665.46

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.

113 days on Horizon Palm · Listing office: COMPASS FLORIDA LLC

Facts & Features

Bedrooms: 6
Bathrooms: 3.5
Interior Area: 3,306 sqft
Interior Features: Ceiling Fan(s)
Flooring: Tile, Hardwood
Fireplace: Yes
Exterior Features: Sidewalk
Pool: No
Waterfront: No
Lot Size: 0.38 acres
Parcel #: 243116684360000010
Property Type: House
Construction: Brick,Wood Frame
Foundation: Crawlspace
Roof: Shingle
Year Built: 1945
New Construction: No
Subdivision: PERKINS G W REP
HOA: No
Utilities: Electricity Connected, Sewer Connected, Water Connected
Price/sqft: $257
Annual Tax: $3,665.46
Tax Year: 2024
Days on Market: 113
Listing Agent: Zach Steinberger
Listing Office: COMPASS FLORIDA LLC
MLS #: TB8451901

Price & Listing History

DateEventPrice
+057873-02-26For Sale$849,900($257/sqft)

Payment Calculator

$4,998/mo

Principal & Interest$4,410
Property Taxes$305
Home Insurance$283

This calculator is for informational purposes only. Actual payments may vary.

Neighborhood

ST PETERSBURG, FLPinellas County
See more homes in ST PETERSBURG

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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use. © 2026 Stellar MLS / BeachesMLS. All rights reserved. Last updated: 3/20/2026.