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ST PETERSBURG DRIVE

Lots/Land For Sale
$415,000

BTC: 4.99158047

ETH: 156.60377358

-$34K (2026/09/24)
27 days
0 room(s)

Overview

Two Adjoining Lots—Build Two Homes or One Triplex in Oldsmar! Offered together, these two originally platted vacant lots contain approximately 20,691 square feet, or 0.475 acre, along paved St. Petersburg Drive E. Written zoning guidance from the City of Oldsmar confirms a maximum density of three dwelling units and identifies two potential development options: retain the lots separately for one single-family residence on each originally platted lot under the applicable R-2 existing-lot standards, or combine the parcels for one triplex under R-3 zoning. The combined property exceeds the R-3 district’s minimum lot-width requirement. An existing survey covering both lots shows approximately 100 feet of combined frontage along St. Petersburg Drive E and outer side depths of approximately 172 and 185 feet. The mostly cleared property offers public water and sewer availability, an existing sidewalk, overhead electrical lines, no HOA, and no CDD. An established six-unit multifamily property consisting of two triplex buildings is located immediately adjacent. Convenient to downtown Oldsmar, R.E. Olds Park, waterfront recreation, public boat ramps, trails, shopping, restaurants, Tampa Road, Safety Harbor, and Tampa International Airport. An opportunity for a builder, developer, or investor seeking two homesites or a small multifamily infill project in an established Pinellas County community. The parcels are being sold together. City zoning correspondence and the existing survey are available.

Location

Details

Type:
Land
Parking:
No Data
Year Built:
No Data
Lot:
0.47 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$550,000
$283K – $1.2M
Confidence Low
List vs. estimate
$135K below estimate
List $415,000 · -24.5%
Our model says this listing is priced below recent comparable activity. Expect competition.
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$1,087
2025
All facts and features
  • Lot

    • Lot: 0.47 Acres

    Other Property Information

    • Parcel Number: 232816639360050130

    • Zoning: R3 OR R2

  • Type and style

    • Property Type: Land

  • Utility

    • Electrical Nearby

    • Public

    • Utility Pole

  • Other financial information

    • Annual tax amount: $1,088

  • Source details

    • MLS ID: TB8543573

    Other facts

    • Lot Features: Buildable / Cleared

    • Water Source: Public

    • Lot Size Dimensions: 100 × 172.19 × 185

    • Subdivision Name: OLDSMAR REV MAP

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: LPT REALTY, LLC