655 42ND, ST PETERSBURG, FL, 33703

About This Property

Rare Double Lot Opportunity in Allendale Oaks – Subdividable + ADU Zoning (NT-1) Located in the highly desirable, high-and-dry Greater Allendale area, this well-maintained concrete block home offers comfort today with exceptional future potential. The bright, inviting interior features an enclosed Florida Room, plus an attached two-car garage complete with a full bathroom and laundry area. Major mechanical updates include a new HVAC system (2024) and water heater (2023). Additional improvements include impact-resistant windows, an updated kitchen with granite countertops, and stainless-steel appliances. Situated on an oversized 0.28-acre lot (90 x 137), the property is beautifully landscaped with mature oak, mango, and papaya trees and supported by a well-water irrigation system. Zoned NT-1, the property offers the potential to subdivide into two oversized buildable parcels, each allowing for a single-family residence plus an Accessory Dwelling Unit. Ideal for homeowners, investors, or developers seeking flexibility and long-term upside. Opportunities like this are rare in one of St. Petersburg’s most established and sought-after neighborhoods—whether you plan to live, expand, or develop, this property delivers immediate livability and future value potential.