Back 1447 27th Avenue North
Off Market

1447 27th Avenue North

St. Petersburg FL 33704

6250 sq. ft.
Land
Last sold for $500,000
Leisa Mohler-EricksonLeisa Mohler-Erickson, last sold this property on 13 February 2026 after 16 days on market.

Overview

**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.*

Features

6250 sq. ft. lot size
Land

Estimated Value

Based on this property and similar land plots sold in St. Petersburg over the last 12 months, the estimated median property value of 1447 27th Avenue North is $875k.

Median value
$875k
Estimated value range
$450k - $4.4m
Median days on market
68
Estimated value trend
11%
increase over the last 12 months
Average days on market is based on recent, comparable sales in St. Petersburg. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1447 27th Avenue North

2026
Sold
$500,000
13 Feb 2026 by Leisa Mohler-Erickson, of ENGEL & VOLKERS ST. PETE

Happy sellers in St. Petersburg

86%
86% of sellers in St. Petersburg reported that their sale price either exceeded or met their price expectations.

St. Petersburg stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 10 reviews in St. Petersburg over the last 12 months.

Local market activity for land plots in St. Petersburg

In the last 12 months, 22 land plots similar to 1447 27th Avenue North, have been sold.

This represents a 22% decrease in land plots sales when compared to the previous 12 months.

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