1121 51ST AVENUE N Cash only. Investor, builder, or flipper alert! Prime St. Petersburg land for sale. Located in a highly desirable and rapidly developing area of St. Petersburg, Florida, this approx. 75 x 125 ft lot (8, 917 sq ft) offers excellent potential for a new construction home. The existing 3-bedroom, 2-bath house requires many updates and will also need a new roof. It is likely a good candidate for a tear-down and rebuild project. Perfect for developers, builders, or anyone looking to build a custom home or investment property. Builder and general contractor contacts are available if the buyer is interested in a total remodel or new construction. Do not disturb tenants. Property cannot be accessed or entered. The home is tenant-occupied and tenants must be allowed to remain through the end of the year. Located in Evacuation Zone C and Flood Zone X, this land offers a valuable opportunity in a sought-after St. Pete location near major roadways, shopping, dining, and ongoing neighborhood redevelopment. This is a rare chance to secure a St. Petersburg tear-down lot with strong upside potential for a new build or long-term investment.