$379,000
4830 Chancellor Street
St Petersburg, FL 33703
Listing updated: May 27, 2026 at 3:23 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
RARE DOUBLE LOT - CITY-APPROVED FOR 2 NEW BUILDS! Exceptional redevelopment or restoration opportunity in Shore Acres, one of St. Petersburg’s fastest-growing waterfront neighborhoods. Situated on a rare 10,001 SF corner double lot, this property comes with written city approval for two new buildable lots, with buildable lot documentation available - creating a unique opportunity for investors, builders, or buyers looking to capitalize on the continued transformation of the area. This property sustained flood damage during Hurricane Helene and is being sold AS-IS for land value, redevelopment, new construction, elevation, or complete renovation. For those with a vision for restoration, the existing home features striking midcentury modern architecture with incredible potential for renovation or a high-end flip. Shore Acres is a golf cart-friendly waterfront community just minutes from vibrant downtown St. Petersburg. With significant redevelopment already underway and elevated new construction homes continuing to drive demand, this is an exceptional opportunity to secure two buildable lots in one of St. Pete’s most active redevelopment corridors. CASH OFFERS ONLY. No wholesalers, assignable contracts, or subject-to offers will be considered. Buyer may conduct inspections during a maximum 7-day inspection period. Seller makes no warranties or representations regarding the condition of the property.
Local Insight
At $226 per square foot for a 1959 home in an AE flood zone, you're paying a discount that reflects real risk—flood insurance will be mandatory and costly, so factor that into your true carrying costs before this price feels like a deal. The Shoreacres location is solid and there's no HOA, but this older home's bones matter; get a thorough inspection and ask specifically about foundation condition and any past flood damage, since the property's history in a high-risk zone could affect both immediate repairs and long-term resale. The tight lot size (0.23 acres) means limited expansion potential if you're thinking renovation-heavy, so you're largely buying what's here.
AI-generated insight based on listing data and neighborhood context. Verify independently.
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 history16 days on market
- Status: ActiveMay 11, 2026
- Listed$400,000May 11, 2026
- Price reduced$379,000
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 16
- Subdivision
- Shoreacres Center
- County
- Pinellas
- Year built
- 1959
- Living area
- 1,680 sq ft
- Price/sq ft
- $226
- Lot size
- 10,001 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- AE (12103C0228H)
- Annual taxes
- $5,536 (2025)
- Parcel #
- 04-31-17-81450-009-0120
- MLS #
- TB8506958
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Interior Details
- Bedrooms
- 3
- Full bathrooms
- 2
- Flooring
- Tile
- Appliances
- Other
- Interior features
- High Ceilings, Vaulted Ceiling(s)
- Laundry
- Laundry Room
- Stories / Levels
- One
- Direction faces
- Northeast
Heating & Cooling
- Heating
- Central, Electric
- Cooling
- Central Air
Parking
- Attached garage
- No
- Parking features
- Driveway
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Homestead exemption
- Yes
- Listing terms
- Cash, Conventional, FHA, VA Loan
- Ownership
- Fee Simple
- Available for lease
- No
Exterior & Construction
- Exterior features
- Other
- Construction materials
- Block
- Roof
- Shingle
- Foundation
- Slab
- Road surface
- Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Other
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Primary Bedroom | First | 13x15 |
| Kitchen | First | 8x10 |
| Living Room | First | 16x18 |
Listing Details
- Listing date
- 2026-05-10
- On market date
- 2026-05-11
- Original list price
- $400,000
- Occupant type
- Vacant
- MLS area
- 33703 - St Pete
- Listing AOR
- Suncoast Tampa
- Status changed
- 2026-05-11
- Tax legal description
- SHOREACRES CENTER BLK 9, LOTS 12 AND 13
Flood risk
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
From 62nd Ave NE, turn onto Bayou Grande Blvd NE into Shore Acres. Continue past Shore Acres Mini Park and turn left onto Chancellor St NE. Property is located on the corner lot at 4830 Chancellor St NE.
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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 27, 2026 at 3:23 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.
Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA