04/25/2026
Off-Market · Developer Opportunity
Prime Infill Development Site
St. Petersburg, FL 33703 · Pinellas County ·
Address withheld — contact Dave Masi
$725,000
Asking price ·
Off-market, only sold as a redevelopment project only no home inspections
16,800 sq ft total lot · ~$43.15/sq ft land
Lot size
16,800 SF
~0.386 acres
Max lots (NT-1)
3 lots
~5,600 SF each
Max lots (NT-2)
2 lots
~8,400 SF each
Units per lot
2 units
Principal + ADU per lot
Build-out scenarios
Best case · NT-1
6 units
3 lots × 2 units each
Demo existing home · split into 3 parcels of ~5,600 SF (meets NT-1 min. of 4,500 SF) · build 1 SFH + 1 ADU per lot · ~$121K/unit land cost
4 units
2 lots × 2 units each
Split into 2 parcels of ~8,400 SF · build 1 SFH + 1 ADU per lot · conserves larger, more valuable individual lots · ~$181K/unit land cost
Zoning quick-reference (NT districts — Ord. #611-H, eff. 7/18/25)
Min. lot area — NT-1 4,500 sq ft
Min. lot area — NT-2 5,800 sq ft
Min. lot width — NT-1 45 ft
Min. lot width — NT-2 50 ft
Max residential density 15 units/acre (NT-1 & NT-2)
Units per lot (max allowed) 1 principal + 1 ADU
Max building height (roofline) 24 ft
Max roof peak 36 ft
Max floor area ratio (FAR) 0.50 (NT-1) / 0.40 (NT-2)
FAR bonus available Up to +0.20 with design features
Max building coverage 0.55 (all NT districts)
Max impervious surface 0.65 site area ratio
Front yard setback (building) 25 ft or match block median
Interior side yard setback 10% of lot width (min. 5 ft)
Rear yard (with alley) 6 ft minimum
Existing structure 1920s home — demo required
Rare oversized infill parcel in established neighborhood
16,800 sq ft is large enough to yield 3 legal NT-1 buildable lots — an extremely uncommon opportunity in the core of St. Pete where vacant and splittable land is nearly exhausted.
ADU entitlement on every lot
Each resulting parcel can support a principal home plus a detached ADU (garage apartment, carriage house), creating built-in rental income or workforce housing potential on every lot.
St. Pete's density push supports strong resale values
City Council's 2023 density ordinance and ongoing LDR updates signal continued municipal support for infill and "missing middle" housing — a favorable regulatory environment for new construction.
Off-market — no MLS competition
This property is not publicly listed. Qualified buyers acquire without competition, reducing the risk of overbidding driven by marketed demand.
DM me.
Dave Masi
[email protected]
(727) 215-5085
Exclusive contact · Off-market listing
Contact Dave directly for the exact address
Exact address withheld intentionally — contact Dave Masi for info. Zoning analysis based on St. Petersburg City Code Chapter 16, NT District Ordinance #611-H (effective 7/18/25). Max lot yields are estimates based on stated 16,800 sq ft total lot area; buyer must verify exact parcel dimensions, current zoning designation (NT-1 vs NT-2), lot frontage, alley access, and subdivision eligibility with the City of St. Petersburg Planning & Zoning Division (727-893-7471) prior to purchase. All figures are informational and do not constitute a legal or zoning opinion.
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