1345 16TH ST S, St Petersburg, FL 33705
ActiveAbout This Property
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.
Property Details
Listed by DHM REAL ESTATE GROUP LLC · MLS# TB8520845
Similar Homes in 33705
Recently Sold in 33705
Properties displayed may be listed or sold by various participants in the MLS
More in St Petersburg
Listing information © 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved. Data deemed reliable but not guaranteed. Last updated: 2026-06-19.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
