ST PETERSBURG, FL 33703 655 42ND AVENUE N

Under contract-accepting backup offers. 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.