Listing Details for MLS # TB8494216
1044 46th Avenue N, St Petersburg, Fl 33703

Residential Property - Single Family Residence in St Petersburg

Listing Price: $539,999Days on Market: 1

Description of Property

Prime Redevelopment Opportunity – Oversized Non-Flood -ZONE XLot in Desirable North St. Pete Exceptional opportunity to secure an oversized ~8,300 sq ft lot in a rapidly transforming pocket of North St. Petersburg. Near Allendale with strong redevelopment activity nearby. Located in a non-flood zone, this property offers a rare combination of lot size, location, and redevelopment potential—ideal for builders, investors, or buyers looking to construct a custom home. Surrounded by new construction and high-end homes, the area continues to see strong demand and rising values. Recent nearby sales demonstrate the upside potential for new builds, making this an attractive acquisition for those looking to capitalize on continued growth. The existing structure offers options—renovate, rent, or build new. The lot provides ample space for a substantial new construction home with room for a pool and outdoor living, aligning with current buyer demand in the area. Centrally located with easy access to downtown St. Petersburg, major roadways, shopping, and dining. Opportunities like this—non-flood, oversized lots in established neighborhoods with active redevelopment—are becoming increasingly scarce. Bring your vision and secure your place in one of St. Pete’s most active growth corridors. Strong resale comps supporting new build values. Buyer to verify build options with city.The average asking price for a 2 bedroom/1 bath single family residence in this Zip code is $361,315. This single family residence is listed at about 149% of the average asking price. There are 4 2 bedroom/1 bath homes between $450,000 and $600,000 currently listed for sale in this Zip code. See other listings like this one »