Listing Details for MLS # TB8397974
1580 Arizona Ave Ne, St Petersburg, Fl 33703

Residential Property - Single Family Residence in St Petersburg

Listing Price: $325,000Days on Market: 153

Description of Property

1580 Arizona Ave NE, St. Petersburg, FL 33703 presents a rare redevelopment opportunity in the heart of Shore Acres, one of the most desirable coastal neighborhoods in St. Petersburg, Florida. This oversized lot spans approximately 0.2645 acres (11,525 square feet) and is located on a uniquely private, ultra-quiet block shared by only three residences. Just moments from the iconic Snell Isle Bridge and a short drive from vibrant Downtown St. Petersburg, this property is ideally positioned for long-term value and custom home development. The existing flood-damaged, legacy wood-frame home offers a blank slate for builders, developers, or end users seeking to create a custom residence in a high-demand neighborhood. With active redevelopment occurring throughout the area, this parcel provides a prime opportunity to capitalize on the continued growth of the St. Petersburg real estate market. Shore Acres is a scenic waterfront community known for its tranquil canals, lush landscaping, and active neighborhood lifestyle. Residents enjoy access to the newly renovated Shore Acres Recreation Center, local parks, and nearby boat launches that highlight the area’s strong connection to Tampa Bay’s coastal environment. The neighborhood’s peaceful atmosphere and proximity to top schools make it especially appealing for families and professionals alike. Immediately to the west, Snell Isle offers a more elevated luxury experience. Home to the prestigious Vinoy Golf Club, stately waterfront homes, and manicured streets, Snell Isle is one of the most sought-after residential enclaves in the city. This enviable location places you just minutes from the restaurants, museums, art galleries, and cultural attractions of Downtown St. Pete, including the St. Pete Pier and the Salvador Dalí Museum. Recognized as one of the fastest-growing cities in Florida, St. Petersburg blends a laid-back Gulf Coast lifestyle with the sophistication of a vibrant arts and innovation scene. Known for its sunny weather, walkable downtown, award-winning beaches, and thriving culinary and entertainment options, St. Pete continues to attract national attention as a top destination for both residents and investors. Key highlights of 1580 Arizona Ave NE include its generous lot size, its exclusive position on a quiet 3-home block, and its redevelopment-ready status. The site is located just steps from Snell Isle, within close proximity to waterfront trails, neighborhood schools, and community amenities. Whether you're looking to build a luxury custom home or develop a high-value investment property, this lot offers exceptional potential in a prime Florida location. Land opportunities of this size and quality in Shore Acres are exceedingly rare. With surrounding properties undergoing high-end renovations and new construction, this site is perfectly positioned for redevelopment. Walkable, bikeable, and connected to everything that makes St. Petersburg one of the most dynamic cities in the Southeast, 1580 Arizona Ave NE is a smart acquisition in a competitive market. To learn more about this redevelopment lot in St. Petersburg, FL, or to schedule a private site visit, contact us today. This is your opportunity to shape the future of luxury coastal living in Shore Acres—one of the most coveted neighborhoods in Pinellas County.The average asking price for a 3 bedroom/2 bath single family residence in this Zip code is $585,407. This single family residence is listed at about 56% of the average asking price. There are 40 3 bedroom/2 bath homes between $200,000 and $400,000 currently listed for sale in this Zip code. See other listings like this one »