Located at 661 16th Street North in Saint Petersburg, Florida, this site offers a flat, well-positioned parcel with dual frontage along 16th Street and 7th Avenue North. The property spans approximately 120 feet on 16th Street and 214 feet on 7th Avenue North, providing excellent visibility and access from two key corridors. Utilities are already in place and active, ensuring immediate functionality for future development.
The site lies within the St. Anthony’s Hospital Overlay District, which allows a Floor Area Ratio (FAR) of 2.5. This zoning framework supports a wide range of uses, including townhomes, apartments, medical offices, or mixed-use configurations with flexible commercial spaces. With entitlements already secured, no variance is required for the FAR, streamlining the development process. For projects requiring additional adjustments, the seller is open to allowing time for approvals.
The surrounding area reflects a strong mix of healthcare, professional offices, and residential neighborhoods. St. Anthony’s Hospital has undergone significant expansions in recent years, reinforcing the district’s vitality. The property benefits from proximity to major destinations such as downtown St. Petersburg, Shorecrest Preparatory School, and Tampa International Airport, as well as convenient access to I-275 via 5th Avenue ramps. This connectivity supports both local and regional commuting patterns.
The location has long been favored for professional use, evidenced by the seller’s own offices situated directly across 16th Street since 2006. Nearby amenities include restaurants, cultural venues, and recreational attractions like Rays baseball games, making the site well-suited for a variety of community-oriented developments.
Felix Fudge
Bridgeport South Realty Advisors