$175,000
1331 16th Street
St Petersburg, FL 33705
Listing updated: June 19, 2026 at 1:01 AM ET
Property type
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
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.
Local Insight
At $36 per square foot on a 0.11-acre lot in Mansfield Heights, you're looking at raw land in an established neighborhood without the flood risk that plagues much of St. Petersburg, which is genuinely rare and valuable for the area. The real question is what you're allowed to build here—check the zoning and whether there are any deed restrictions, because a small lot in an older residential area can have surprising limitations on development. This price point suggests either opportunity if you're a builder or developer, or a potential teardown play if you own adjacent property, but it's not a casual purchase without understanding the local comp sales and what similar-sized parcels have actually sold for recently.
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 history0 days on market
- Status: ActiveJun 18, 2026
- Listed$175,000Jun 18, 2026
- Price increased$175,000
Facts & features
- Property type
- Land
- Status
- Active
- Days on market
- 0
- Subdivision
- Mansfield Heights
- County
- Pinellas
- Price/sq ft
- $36
- Lot size
- 4,870 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- X
- Annual taxes
- $855 (2025)
- Parcel #
- 25-31-16-54954-002-0050
- MLS #
- TB8520756
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HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Ownership
- Fee Simple
Exterior & Construction
- Road surface
- Paved
Utilities
- Sewer
- None
- Water source
- None
- Utilities
- BB/HS Internet Available, BB/HS Internet Capable, Cable Available, Electricity Available, Sewer Available, Water Available
Listing Details
- Listing date
- 2026-06-18
- On market date
- 2026-06-18
- Original list price
- $175,000
- MLS area
- 33705 - St Pete
- Listing AOR
- Suncoast Tampa
- Status changed
- 2026-06-18
- Tax legal description
- MANSFIELD HEIGHTS BLK 2, S 49 FT OF LOT 5
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
Central AVE to south on 16th ST S. Lot on right.
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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 19, 2026 at 1:01 AM 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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