Under contract-accepting backup offers. Prime Development Opportunity in the Heart of Grand Central District. Exceptional 5,500 sq ft lot with highly desirable CRT-1 (Corridor Residential Traditional) zoning, offering tremendous flexibility for new construction or redevelopment. Situated just one block from Grand Central’s top dining, coffee, and entertainment spots — including Bandit Coffee, Casita Taqueria, Wild Child, and Baba — this site is perfectly positioned for growth and long-term value. The location offers excellent walkability, direct SunRunner access, and proximity to downtown St. Pete. Existing structures include a main home and detached garage apartment, but the true value lies in the land and its redevelopment possibilities. Also listed as Residential Property under MLS TB8415678. Build your vision in one of St. Pete’s most vibrant and rapidly evolving neighborhoods.
Pending
$515,000
2728 1/2 1st Ave S LOT 4, Saint Petersburg, FL 33712
--beds
0baths
5,397Square Feet
Est.:
Unimproved Land
Built in ----
5,397 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Excellent walkability
- 18 days
- on Zillow |
- 51 |
- 5 |
Zillow last checked: 7 hours ago
Listing updated: August 13, 2025 at 06:49am
Listing Provided by:
Jeremy Grant 727-273-4080,
SMITH & ASSOCIATES REAL ESTATE 727-342-3800,
Bradley Bell 727-655-0037,
SMITH & ASSOCIATES REAL ESTATE
Source: Stellar MLS,MLS#: TB8416297
Originating MLS: Suncoast Tampa

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Lot
- Size: 5,397 Square Feet
- Dimensions: 50 x 110
- Features: City Lot, Sidewalk
Details
- Parcel number: 233116174420030040
- Zoning: CRT1
- Special conditions: None
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: COLONIAL PLACE REV
HOA
- Has HOA: No
- Pet fee: $0 monthly
Location
- Region: Saint Petersburg
Financial & listing details
- Annual tax amount: $5,154
- Date on market: 8/11/2025
- Cumulative days on market: 16 days
- Listing terms: Cash
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Paved, Asphalt
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