Property photo 1
2 Beds
2 Baths
880 sqft

$275,000

5029 12TH AVE N, ST PETERSBURG FL, 33710

Price per sqft$312.50
Built in1959
Property size880 sqft
Property typeResidential
Courtesy of THE TENPENNY COLLECTION, Allison Mawhinney  Listing Contact: 727-742-7939

Overview

Active

Listed Nov 9, 2026

Updated 4 days ago

PRIME REDEVELOPMENT OPPORTUNITY IN ST. PETERSBURG! Attention builders, investors, and future homeowners looking to bring their vision to life! Situated on an approximately 50' x 127' lot with rear alley access, this property presents an excellent opportunity for new construction in an established and evolving St. Petersburg neighborhood. With newer homes already constructed along the same street and throughout the surrounding area, the location offers compelling redevelopment potential. Located in a non-flood zone, with flood insurance generally not required by mortgage lenders, this property offers an additional advantage for future development. Rear alley access provides added flexibility for potential parking and garage configurations, subject to city approval. Conveniently located near vibrant downtown St. Petersburg, Gulf beaches, shopping, dining, parks, and major commuter routes, this location combines neighborhood charm with everyday accessibility. The existing home is in significant disrepair and is being sold AS-IS, with the primary value in the land. Whether you're a builder seeking your next project or a buyer looking to create a custom home, this is an opportunity to invest in an area experiencing continued redevelopment. Buyers are responsible for independently verifying zoning, setbacks, permitted uses, and redevelopment feasibility with the City of St. Petersburg.

$1,830/mo

Est. mortgage payment based on a $275,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
TB8565823

Interior Features

Bedrooms
2
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.15 Acres

Other Property Details

Taxes
$2,099
Tax Frequency
Annually
Association Fee Frequency
Monthly
Garage
Yes
Municipality
31
Pets Allowed
Yes
55+/Senior Community
No

Listings courtesy of Stellar MLS as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Casey Franks shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS. 

Based on information submitted to the MLS GRID as of 9:39 AM UTC on 11/15/2026. 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.

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