655 42nd Avenue NSt Petersburg, FL 33703Price: $685,000

  • Price: $685,000
  • Est. Mortgage of $/month
  • 92 Days on Market
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$
%
$/month over payments
Federal 30-year interest rate: 6.37% last updated on May 7, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $685,000List Price
  • 2Bedrooms
  • 2Full Bath
  • 1,298Square Feet
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.

Property Details of 655 42nd Avenue N

Property Details

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Mortgage Calculator


$
$
%
Est. Mortgage:
$/month over payments
Federal 30-year interest rate: 6.37% last updated on May 7, 2026. * The above figures are estimates provided by Union Street Media using the FRED® API, and are not endorsed or certified by the Federal Reserve Bank of St. Louis. Check with your lender for actual interest rates.
Listed by Ashley Frazier of DALTON WADE INC (888-668-8283)

Listings courtesy of StellarMLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of May 14, 2026 5:03 PM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

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