About 531 16TH STREET, Saint Petersburg, Florida, 33705
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.
Utilities : Electricity Connected
Water Access : 0
Sewer : Public Sewer
Exterior Features : Sidewalk
Road Surface Type : Asphalt
Roof : Shingle
Heating : Ductless
Cooling : Wall/Window Unit(s)
Construction Materials : Brick
Interior Features : Ceiling Fans(s)
Laundry Features : Inside
Appliances : Cooktop
Flooring : Tile
Utilities : Electricity Connected
Water Access : 0
Sewer : Public Sewer
Exterior Features : Sidewalk
Road Surface Type : Asphalt
Roof : Shingle
Heating : Ductless
Cooling : Wall/Window Unit(s)
Construction Materials : Brick
Interior Features : Ceiling Fans(s)
Laundry Features : Inside
Appliances : Cooktop
Flooring : Tile

Street Address: 531 16TH STREET
City: Saint Petersburg
State: Florida
Postal Code: 33705
County: Pinellas
Directions: From 16th St S, home is on the left.

Property Information :
Listing Status: Active
Size: 3,306 Sqft
Lot Size: 0.38 Acres
MLS #: TB8451901
Bedrooms: 6 bd
Bathrooms: 3.5 ba
Price: $849,900
Tax Amount: 3665.46
Construction Status: Built in 1945
Last Modified : Dec 15 2025 1:54AM
Amenities :
Fireplace

Courtesy of: Zach Steinberger, COMPASS FLORIDA LLC (MLS# 260033445)
Source MLS: StellarMLS