**Prime Development Opportunity in Historic Woodlawn** Discover an exceptional 2-lot assemblage in one of St. Petersburg's most sought-after neighborhoods. These adjacent 50' x 125' parcels offer a rare opportunity for luxury residential development in the heart of Woodlawn, where historic charm meets modern urban living. **Property Highlights:** - Two contiguous lots, each is 50' x 125' (6,250 SF per lot, 12,500 SF combined) - SOLD AS A SINGLE LOT AT $550K OR COMBINED AT $1,100,000. Specs are as follows: - NT-2 zoning: Traditional Neighborhood District allowing for flexible residential development - Rear alley access on both parcels providing excellent design flexibility - Purchase together for maximum development potential or individually - Ideal for luxury spec builders seeking economies of scale **Development Potential:** The NT-2 zoning designation opens the door to sophisticated single-family residences. The rear alley access is particularly valuable, allowing for detached garages and/or ADU's, enhanced privacy, and creative site planning that maximizes street appeal. Builders can capitalize on the dual-lot opportunity to streamline construction timelines, reduce per-unit costs, and create a cohesive luxury feel with 2 homes side by side. **Important Note:** If purchasing a single lot, the buyer assumes full responsibility and cost for demolition of the existing structure on that parcel. **Location:** Woodlawn's tree-lined streets, walkability to Coffee Pot Bayou, proximity to downtown St. Petersburg, and strong market demand make this an outstanding investment for discerning developers ready to deliver the upscale product today's buyers desire. *Contact us today to explore this rare dual-lot opportunity in one of St. Pete's most desirable locations.*

Listing courtesy of ENGEL & VOLKERS ST. PETE (727) 580-4043



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Last checked: 2026-01-28 03:08 AM EST