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531 16TH STREET S

House For Sale
$849,900

BTC: 9.49608939

ETH: 289.08163265

41 days
6 bds
3 ba
3,306 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

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.

Location

Facts and features

Type:
Residential
Parking:
No Data
Year Built:
1945
Lot:
0.38 Acres
Heating:
Wall Units / Window Unit
Price/sqft:
$257
Cooling:
Wall/Window Unit(s)
HOA:
No Data
All facts and features
  • Flooring

    • Tile

    • Hardwood

    Heating

    • Wall Units / Window Unit

    Cooling

    • Wall/Window Unit(s)

    Appliances

    • Cooktop

    • Range

    • Range Hood

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

    Bedrooms and bathrooms

    • Bedrooms: 6

    • Bathrooms: 1

    • Full bathrooms: 3

  • Property

    • Levels: Two

    • Exterior Features: Sidewalk

    Lot

    • Lot: 0.38 Acres

    Other Property Information

    • Parcel Number: 243116684360000010

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Electricity Connected

    • Sewer Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $3,665

  • Source details

    • MLS ID: TB8451901

    Other facts

    • Construction Materials: Brick / Wood Frame

    • Foundation Details: Crawlspace

    • Fireplace Features: Decorative

    • Laundry Features: Inside

    • Direction Faces: East

    • Fireplace: Yes

    • Living Area: 3306

    • Water Source: Public

    • Lot Size Dimensions: 121 x 135

    • Subdivision Name: PERKINS G W REP

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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: COMPASS FLORIDA LLC