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$685,000
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Property Description
Price Improvement - Rare Double Lot Opportunity in Greater Allendale! Subdividable + ADU Zoning (NT-1) Now offered at an improved price, this exceptional property in the highly sought-after, high-and-dry Greater Allendale neighborhood combines immediate livability with outstanding redevelopment potential. This well-maintained concrete block home features a bright and inviting interior, an enclosed Florida Room, and an attached two-car garage complete with a full bathroom and laundry area. Recent updates include a new HVAC system (2024), water heater (2023), impact-resistant windows, and an updated kitchen with granite countertops and stainless steel appliances. Situated on an oversized 0.28-acre lot (90 x 137), the property is surrounded by mature oak, mango, and papaya trees, with a well-water irrigation system already in place. Zoned NT-1, this rare double lot offers the potential to subdivide into two oversized buildable parcels, each allowing for a single-family residence plus an Accessory Dwelling Unit (ADU). A prime opportunity for homeowners, investors, and developers looking for flexibility, income potential, and long-term value. Properties with this combination of lot size, zoning, location, and future upside rarely come available in Allendale Oaks. Live in it, hold it, expand it, or develop-it's an opportunity you don't want to miss.
Full Property Details
Full Property Details for 655 42nd Ave N
General
- Price: $685,000
- Taxes: $1,406 (2025)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: TB8469420
- Updated: 4/29/2026
- Added to Site: 104 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 8
- Interior Features: Ceiling Fan(s)
- Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
- Furnishings: Unfurnished
- Flooring: Terrazzo, Tile, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: In Garage
Exterior
- Exterior Features: Other
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Bath In Garage, Oversized
Location
- Area: 33703 - St Pete
- County: Pinellas
- Development Name: 33703 - St Pete
- Subdivision: BAY STATE SUB
- Driving Directions: From 4th Street: Head West on 42nd Avenue. The property will be on the corner of 7th Street : 655 42nd Ave N
- Direction Faces: South
School Information
- Elementary School: John M Sexton Elementary-PN
- Middle School: Meadowlawn Middle-PN
- High School: Northeast High-PN
Community
- Community Name: 33703 - St Pete
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Water Connected
Structural Information
- Architectural Info: Florida
- Architectural Style: Florida
- Exterior Const.: Block
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 1,298
- Sq. Ft. Source: Public Records
- Year Built: 1958
Lot Features
- Lot Size (Acres): 0.28
- Lot Size (Sq. Ft.): 12,330
- Lot Size: 12330
- Lot Dimensions: 90 x 137
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $1,406.35
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: BAY STATE SUB BLK A, LOTS 5 AND 6
- Flood Zone Info: X
- APN: 63117051660010050
- Property ID: 63117051660010050
- Block/Lot/Section: 5166001
Listed by Dalton Wade Inc
Get Pre-Approved Today
Schools
Schools serving 655 42nd Ave N
School District:Pinellas County School District
| Name | Grades | Distance |
|---|---|---|
Northeast High School, St. Petersburg, FL 5500 16th St N, St. Petersburg, FL 33703 | 9-12 | 1.2 mi |
John M. Sexton Elementary School 1997 54th Ave N, St. Petersburg, FL 33714 | PK-5 | 1.4 mi |
Meadowlawn Middle School 6050 16th St N, St. Petersburg, FL 33703 | 6-8 | 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 655 42nd Ave N
Date
Details
Price
Change
Source
4/29/2026
Price Reduced
$685,000
-3.52%
MLS
2/12/2026
Listed
$710,000
195.83%
MLS
1/03/2006
Sold
$240,000
—
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 655 42nd Ave N
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,450
7%
$120,239
3%
2024
$1,353
3%
$116,850
3%
2023
$1,311
4%
$113,447
6%
2021
$1,255
—
$106,935
-3%
2022
$1,256
—
$110,143
4%
2021
$1,255
4%
$105,459
2%
2019
$1,208
3%
$103,088
2%
2018
$1,178
2%
$101,166
2%
2017
$1,155
2%
$99,085
2%
2016
$1,132
-1%
$97,047
1%
2015
$1,149
1%
$96,372
1%
2014
$1,138
2%
$95,607
2%
2013
$1,121
—
$94,194
—
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 655 42nd Ave N
655 42nd Avenue N, Saint Petersburg, FL 33703 (MLS# TB8469420) is a Single Family property with 2 bedrooms and 2 full bathrooms. 655 42nd Avenue N is currently listed for $685,000 and was received on February 12, 2026. Want to learn more about 655 42nd Avenue N? Do you have questions about finding other Single Family 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.

