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$175,000
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Property Description
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.
Full Property Details
Full Property Details for 1331 16th St S
General
- Price: $175,000
- Taxes: $854 (2025)
- Status: Active
- Type: Lots/Land
- Source: MidFloridaRegionalMLS
- MLS ID: TB8520756
- Updated: 6/18/2026
- Added to Site: 22 day(s) ago
Location
- Area: 33705 - St Pete
- County: Pinellas
- Development Name: 33705 - St Pete
- Subdivision: MANSFIELD HEIGHTS
- Driving Directions: Central AVE to south on 16th ST S. Lot on right.
Community
- Community Name: 33705 - St Pete
Utilities
- Sewer: None
- Water: None
- Utility Description: BB/HS Internet Available, BB/HS Internet Capable, Cable TV Available, Electricity Available, Sewer Available, Water Available
Structural Information
- Current Bldg. Use: Residential
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,870
- Lot Size: 4870
- Lot Dimensions: 49 x 100
- Street/Road Desc.: Paved
Financial Considerations
- Price Per Acre: $1,590,909
- Tax Amount: $854.6
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: MANSFIELD HEIGHTS BLK 2, S 49 FT OF LOT 5
- Flood Zone Info: X
- APN: 253116549540020050
- Property ID: 253116549540020050
- Block/Lot/Section: 2
Listed by Dhm Real Estate Group Llc
Get Pre-Approved Today
Schools
Schools serving 1331 16th St S
School District:Pinellas County School District
| Name | Grades | Distance |
|---|---|---|
Melrose Elementary School, St. Petersburg, FL 1752 13th Ave S, St. Petersburg, FL 33712 | PK-5 | 0.1 mi |
John Hopkins Middle School 701 16th St S, St. Petersburg, FL 33705 | 6-8 | 0.4 mi |
Gibbs High School 850 34th St S, St. Petersburg, FL 33711 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1331 16th St S
Date
Details
Price
Change
Source
6/18/2026
Listed
$175,000
483.33%
MLS
8/24/2020
Sold
$30,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1331 16th St S
Year
Property Taxes
Change
Tax Assessment
Change
2025
$855
23%
$53,659
41%
2024
$694
-1%
$38,085
2%
2023
$702
19%
$37,485
45%
2021
$588
-5%
$25,910
-10%
2022
$617
5%
$28,745
49%
2021
$588
58%
$19,277
20%
2019
$372
6%
$16,072
6%
2018
$352
—
$15,118
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1331 16th St S
1331 16th Street S, Saint Petersburg, FL 33705 (MLS# TB8520756) is a Lots/Land property with a lot size of 0.11 acres. 1331 16th Street S is currently listed for $175,000 and was received on June 18, 2026. Want to learn more about 1331 16th Street S? Do you have questions about finding other Lots/Land real estate for sale in Saint Petersburg? You can browse all Saint Petersburg real estate or contact a Coldwell Banker agent to request more information.

