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  4. 655 42nd Avenue N, ST PETERSBURG, FL 33703
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655 42nd Avenue N
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PRICED AT ONLY: $710,000

Address: 655 42nd Avenue N, ST PETERSBURG, FL 33703

Description

Rare Double Lot Opportunity in Allendale Oaks Subdividable + ADU Zoning (NT 1) Located in the highly desirable, high and dry Greater Allendale area, this well maintained concrete block home offers comfort today with exceptional future potential. The bright, inviting interior features an enclosed Florida Room, plus an attached two car garage complete with a full bathroom and laundry area. Major mechanical updates include a new HVAC system (2024) and water heater (2023). Additional improvements include impact resistant windows, an updated kitchen with granite countertops, and stainless steel appliances. Situated on an oversized 0.28 acre lot (90 x 137), the property is beautifully landscaped with mature oak, mango, and papaya trees and supported by a well water irrigation system. Zoned NT 1, the property offers the potential to subdivide into two oversized buildable parcels, each allowing for a single family residence plus an Accessory Dwelling Unit. Ideal for homeowners, investors, or developers seeking flexibility and long term upside. Opportunities like this are rare in one of St. Petersburgs most established and sought after neighborhoodswhether you plan to live, expand, or develop, this property delivers immediate livability and future value potential.

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More Like This
  • MLS#: TB8469420 ( Residential )
  • Street Address: 655 42nd Avenue N
  • Viewed: 3
  • Price: $710,000
  • Price sqft: $337
  • Waterfront: No
  • Year Built: 1958
  • Bldg sqft: 2108
  • Bedrooms: 2
  • Total Baths: 2
  • Full Baths: 2
  • Garage / Parking Spaces: 2
  • Days On Market: 45

Description

Rare Double Lot Opportunity in Allendale Oaks Subdividable + ADU Zoning (NT 1) Located in the highly desirable, high and dry Greater Allendale area, this well maintained concrete block home offers comfort today with exceptional future potential. The bright, inviting interior features an enclosed Florida Room, plus an attached two car garage complete with a full bathroom and laundry area. Major mechanical updates include a new HVAC system (2024) and water heater (2023). Additional improvements include impact resistant windows, an updated kitchen with granite countertops, and stainless steel appliances. Situated on an oversized 0.28 acre lot (90 x 137), the property is beautifully landscaped with mature oak, mango, and papaya trees and supported by a well water irrigation system. Zoned NT 1, the property offers the potential to subdivide into two oversized buildable parcels, each allowing for a single family residence plus an Accessory Dwelling Unit. Ideal for homeowners, investors, or developers seeking flexibility and long term upside. Opportunities like this are rare in one of St. Petersburgs most established and sought after neighborhoodswhether you plan to live, expand, or develop, this property delivers immediate livability and future value potential.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Other
  • Flooring: Terrazzo, Tile, Wood
  • Living Area: 1298.00
  • Roof: Shingle
Land Information
  • Lot Features: Corner Lot, Oversized Lot
School Information
  • High School: Northeast High-PN
  • Middle School: Meadowlawn Middle-PN
  • School Elementary: John M Sexton Elementary-PN
Garage and Parking
  • Garage Spaces: 2.00
  • Open Parking Spaces: 0.00
  • Parking Features: Bath In Garage, Oversized
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2025
Other Features
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Country: US
  • Furnished: Unfurnished
  • Interior Features: Ceiling Fans(s)
  • Legal Description: BAY STATE SUB BLK A, LOTS 5 AND 6
  • Levels: One
  • Area Major: 33703 - St Pete
  • Occupant Type: Owner
  • Parcel Number: 06-31-17-05166-001-0050
  • Style: Florida
  • Zoning Code: NT-1
Nearby Subdivisions
Allendale Terrace   Arcadia Annex   Arcadia Gardens   Bay State Sub   Crestwood   Crisp Manor   Curns W J Sub   Edgemoor Estates   Edgemoor Estates G H Rep   Edgemoor Estates Rep   Euclid Estates   Euclid Manor   Franklin Heights   Grovemont Sub   Harcourt   Lake Maggiore Terrace   Lake Venice Shores   Laughners Sub   Monticello Heights   Monticello Park   Monticello Park Annex Rep   Moorefield Heights   New England Sub   North East Park Shores   North East Park Shores 1st Add   North East Park Shores 3rd Add   North East Park Shores 4th Add   North Euclid Ext 1   North Euclid Oasis   North St Petersburg   North St Petersburg Blk 53 Rep   Northeast Park   Overlook Drive Estate   Patrician Point   Placido Bayou   Poinsettia Gardens   Ponderosa Of Shore Acres   Ponderosa Shores   Ravenswood   Ravenswood Rep   Schroters Rep   Shore Acres Bayou Grande Sec   Shore Acres Butterfly Lake Rep   Shore Acres Connecticut Ave Re   Shore Acres Denver St Rep Bayo   Shore Acres Edgewater Sec   Shore Acres Edgewater Sec Blks   Shore Acres Overlook Sec   Shore Acres Pt Rep Of 2nd Rep    Shore Acres Sec 1 Twin Lakes A   Shore Acres Thursbys 2nd Rep   Shore Acres Venice Sec 2nd Pt    Shore Acres Venice Sec 2nd Rep   Shoreacres Center   Shoreacres Center Blk 5 Lot 16   Snell Gardens Sub   Snell Shores   Snell Shores Manor   Sycamore Park   Tbd   Turners C Buck 4th St N Add   Venetian Isles   Waterway Estates Sec 1   Waterway Estates Sec 2  
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  3. Mobile: 904.248.9848
  4. phoenixwade@gmail.com
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