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1331 16TH STREET S

Lots/Land For Sale
$175,000

BTC: 2.74725275

ETH: 99.43181818

2 days
0 room(s)

Overview

Don't miss this Investment Opportunity in Downtown St Petersburg. Take Advantage of this Vacant, Cleared Lot/ Ready to Build with approved plans for a duplex consisting of two, 3 bedrooms and 1 baths (Possible rezoning for quadplex). Buy, Build and Hold for substantial Cash flow and Future Appreciation.  Your new construction multi family home will make an excellent opportunity to offer Affordable Housing in the city.  St Pete Housing Authority offers Vouchers up to $2580 for a 3 bedroom and up to $3140 for a 4 bedroom in this location (per 2026 HUD Fair market Rents).  Or build your own single family home and enjoy City Life and the Beaches alike. This lot is located just .8 of a mile to Tropicana Field, 1 mile to Central AVE. Walking/ Biking Distance to everything downtown St Pete has to offer! Double your ROI and purchase the adjacent lot as well. This opportunity is a prime candidate to capitalize on the city's growing housing demands while procuring a lucrative investment.

Location

Details

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

Valuation

Our model vs. what's actually selling nearby.
Estimate
$137,450
$70K – $267K
Confidence Low
List vs. estimate
$37K above estimate
List $175,000 · +27.3%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
72 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$854
2025
All facts and features
  • Lot

    • Lot: 0.11 Acres

    Other Property Information

    • Parcel Number: 253116549540020050

  • Type and style

    • Property Type: Land

  • Utility

    • BB/HS Internet Available

    • BB/HS Internet Capable

    • Cable Available

    • Electricity Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $855

  • Source details

    • MLS ID: TB8520756

    Other facts

    • Water Source: None

    • Lot Size Dimensions: 49 x 100

    • Subdivision Name: MANSFIELD HEIGHTS

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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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: DHM REAL ESTATE GROUP LLC