1054 16TH AVE S Prime vacant lot in St. Petersburg offering an excellent opportunity to build your dream home or hold as a long-term investment. The property is NOT located in a flood zone. This 50’ x 125’ lot features mature landscaping and convenient alley access, allowing for flexible design options, parking, or a garage.Located in the established Osborne Place neighborhood, where the adjacent home sold in 2022 for $447, 000, highlighting the area’s strong potential for continued value appreciation.Enjoy an unbeatable location just 1.5 miles from vibrant downtown St. Petersburg, with dining, shopping, weekly markets, and cultural attractions nearby. The property is approximately 6.5 miles from the Gulf beaches, 1.5 miles from Lake Maggiore and Boyd Hill Nature Preserve, and just 0.5 miles from Bartlett Park, which offers an exercise zone, six pickleball courts, picnic shelters, playground, recreation center, shuffleboard, tennis center, sports complex, and scenic waterfront areas.Whether you’re a builder, investor, or future homeowner, this lot offers location, flexibility, and long-term upside in one of St. Pete’s most desirable markets.