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Prime waterfront development opportunity in the heart of St. Petersburg! Rare canal-front lot offering over 10,000+ SQ FT with the potential to be split into TWO buildable waterfront lots (buyer to verify with city and complete variance/splitting process). This is the type of deal builders, developers, and investors wait for. Surrounded by strong resale comps and luxury new construction, this property offers the opportunity to build two custom homes approximately 2,500+ SQ FT each with projected resale values estimated around $800K-$900K+ per home depending on final design, finishes, and market conditions. Imagine two modern waterfront homes with pools, rooftop terraces, boat access, and luxury outdoor living spaces in one of the hottest growing areas in St. Pete. Endless upside for a developer looking to maximize the land's highest and best use. Highlights include: o Canal-front location o Over 10,000+ SQ FT lot o Potential to split into 2 waterfront lots o Strong luxury resale market nearby o Ideal for spec builders or long-term investors o Opportunity for significant profit potential o Minutes from downtown St. Pete, beaches, dining, and marinas Properties with this kind of waterfront development potential are becoming harder and harder to find. Bring your architect, builder, and vision and turn this into a high-end waterfront luxury project. Buyer to verify all zoning, lot split, variance requirements, dimensions, utility access, and building feasibility with the city/county.

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Listed by Erica Williams of EJI & ASSOCIATES LLC (727-822-2424)

Listings courtesy of StellarMLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of May 22, 2026 4:05 PM EDT. 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. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

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