$685,000
655 42nd Avenue
St Petersburg, FL 33703
Listing updated: June 5, 2026 at 10:05 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage spaces
Flood zone
About this home
Under contract-accepting backup offers. Price Improvement – Rare Double Lot Opportunity in Greater Allendale! Subdividable + ADU Zoning (NT-1) Now offered at an improved price, this exceptional property in the highly sought-after, high-and-dry Greater Allendale neighborhood combines immediate livability with outstanding redevelopment potential. This well-maintained concrete block home features a bright and inviting interior, an enclosed Florida Room, and an attached two-car garage complete with a full bathroom and laundry area. Recent updates include a new HVAC system (2024), water heater (2023), impact-resistant windows, and an updated kitchen with granite countertops and stainless steel appliances. Situated on an oversized 0.28-acre lot (90 x 137), the property is surrounded by mature oak, mango, and papaya trees, with a well-water irrigation system already in place. Zoned NT-1, this rare double lot offers the potential to subdivide into two oversized buildable parcels, each allowing for a single-family residence plus an Accessory Dwelling Unit (ADU). A prime opportunity for homeowners, investors, and developers looking for flexibility, income potential, and long-term value. Properties with this combination of lot size, zoning, location, and future upside rarely come available in Allendale Oaks. Live in it, hold it, expand it, or develop—it’s an opportunity you don’t want to miss.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history111 days on market
- Status: PendingJun 6, 2026
- Listed$710,000Feb 12, 2026
- Price reduced$685,000
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Pending
- Days on market
- 111
- Subdivision
- Bay State Sub
- County
- Pinellas
- Year built
- 1958
- Living area
- 1,298 sq ft
- Price/sq ft
- $528
- Building area
- 2,108 sq ft (Public Records)
- Lot size
- 12,330 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- X (12103C0217H)
- Garage
- 2 spaces
- Annual taxes
- $1,406 (2025)
- Parcel #
- 06-31-17-05166-001-0050
- Zoning
- NT-1
- MLS #
- TB8469420
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Interior Details
- Bedrooms
- 2
- Full bathrooms
- 2
- Flooring
- Terrazzo, Tile, Wood
- Appliances
- Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
- Interior features
- Ceiling Fans(s)
- Laundry
- In Garage
- Stories / Levels
- One
- Direction faces
- South
Heating & Cooling
- Heating
- Electric
- Cooling
- Central Air
Parking
- Garage spaces
- 2
- Attached garage
- Yes
- Parking features
- Bath In Garage, Oversized
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Homestead exemption
- Yes
- Min lease term
- No Minimum
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- Please verify any lease/pet restrictions with the City of St Petersburg.
Exterior & Construction
- Exterior features
- Other
- Construction materials
- Block
- Roof
- Shingle
- Foundation
- Slab
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Electricity Connected, Water Connected
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Living Room | First | 17.5x13.6 |
| Dining Room | First | 9.8x10.5 |
| Kitchen | First | 11.3x13.7 |
| Family Room | First | 16.3x10.6 |
| Primary Bedroom | First | 13x11.6 |
| Bathroom 1 | First | 9.7x6.8 |
| Bedroom 2 | First | 13x10.4 |
| Florida Room | First | 17x12 |
Listing Details
- Listing date
- 2026-02-09
- On market date
- 2026-02-12
- Original list price
- $710,000
- Occupant type
- Owner
- MLS area
- 33703 - St Pete
- Listing AOR
- Suncoast Tampa
- Status changed
- 2026-06-06
- Tax legal description
- BAY STATE SUB BLK A, LOTS 5 AND 6
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
From 4th Street: Head West on 42nd Avenue. The property will be on the corner of 7th Street : 655 42nd Ave N
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Listings courtesy of Stellar MLS as distributed by MLS GRID
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.
Based on information submitted to the MLS GRID as of June 5, 2026 at 10:05 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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