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Active - Land for sale
1331 16TH STREET S, St. Petersburg, FL
Facts & features
Why you’ll love it
Adjacent Lot for sale as well. 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.
Listings courtesy of DHM REAL ESTATE GROUP LLC as distributed by MLS GRID.
Listed by: Nancy Burris • Nancy@dhmregroup.com • DHM REAL ESTATE GROUP LLC
Co-listed by: DHM REAL ESTATE GROUP LLC
Source: Stellar MLS as distributed by MLS GRID, MLS#: TB8520756
Based on info available as of Nov 13, 2026 at 12:33 PM EST.
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Affordability
$931/mo
- Mortgage$860
- Property tax$71
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
$3,400 Credit back
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Travel times
About Mansfield Heights
This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.
Flood & climate risk
FEMA Flood Zone X
Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.
More details
Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.
Fire
Storm
Air quality
Pollen
Disclaimer
Based on information submitted to the MLS GRID as of Nov 13, 2026 at 12:33pm EST. 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.
Make a winning offer, and get up to
$3,400 Credit back
