$1,500,000

6740 Park Street

South Pasadena, FL 33707

Active

Baths

1.64

Acres

◆1.64 acres◆$21/sqft◆360° tour

Land

Property type

71,447 sqft

Lot size

$21

Price / sq ft

No HOA

HOA dues

116

Days on market

Flood zone

About this home

PRICE REDUCTION. Positioned in the heart of the City of South Pasadena’s residential corridor, this 1.66-acre infill property offers a prime opportunity for redevelopment. Currently zoned for RS-70 with a minimum lot size of 6,750 SF and a max building height of 35', allowing for 8-10 custom homes. There is potential for RM-15.5, which would allow~25 units. The site will be delivered level and clear. The existing buildings are scheduled for demolition. PROPERTY HIGHLIGHTS 1.66 Acre Prime Infill Development Land in the City of South Pasadena, Pinellas County Highest & Best Use: Redevelopment for residential (RM-15.5 zoning to net 25 units, or RS70 for 8-10 custom SFR's Site will be delivered level and cleared Frontage: 323 ft on Park St S / 309 ft on Oleander Way S Located minutes from Gulf beaches and downtown St. Pete

Local Insight

This 1.64-acre parcel in an AE flood zone is priced aggressively at $21/sqft, but flood insurance and elevation requirements will significantly impact development costs—you'll need to factor in substantial mitigation expenses before any construction pencils out. South Pasadena's location between Tampa Bay and the Gulf offers decent access, but the lack of existing utilities on raw land combined with flood zone constraints means this is a speculative play requiring serious due diligence on what's actually buildable here.

AI-generated insight based on listing data and neighborhood context. Verify independently.

Estimated monthly payment

Principal & interest$7,585

Property taxes$0

Home insurance (est.)$688

Down payment

20%

$300,000 downRate

6.5%

Term

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 history116 days on market

Status: Active
Feb 4, 2026
Listed$1,800,000
Feb 3, 2026
Price reduced$1,500,000

Virtual Tour

Facts & features

Property type: Land
Status: Active
Days on market: 116
Subdivision: Brookwood 1st Add
County: Pinellas
Price/sq ft: $21
Lot size: 71,447 sq ft
Lot category: 1 to less than 2
Flood zone: AE (12103C0213H)
Parcel #: 30-31-16-12186-000-0002
Zoning: R-3
MLS #: TB8472426

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HOA & Financial

Total monthly fees: $0/mo
Total annual fees: $0
Listing terms: Cash, Conventional
Ownership: Fee Simple

Exterior & Construction

Road surface: Asphalt, Paved

Utilities

Sewer: Public Sewer
Water source: Public
Utilities: BB/HS Internet Available, Electricity Available, Fiber Optics, Public, Sewer Connected, Water Connected

Listing Details

Listing date: 2026-02-03
On market date: 2026-02-03
Original list price: $1,800,000
MLS area: 33707 - St Pete/South Pasadena/Gulfport/St Pete Bch
Listing AOR: Sarasota - Manatee
Status changed: 2026-02-04
Tax legal description: BROOKWOOD 1ST ADD PART OF TRACT A DESC FROM MOST N'LY COR OF TRACT A FOR POB TH S68D35'E 244.74FT TH S21D25'W 93.11FT TH S68D35'E 125FT "TH S00D01'27""W 102.93FT TH" "N89D44'46""W 309.89FT TH" "N00D02'52""W 323.25FT" TO POB

Flood risk

High riskFEMA Zone AEPanel 12103C0213H

FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

Pasadena Ave S to Park St S

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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 May 30, 2026 at 5:38 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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