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401 5th St N
Saint Petersburg, FL 33701
Redevelopment/Specialty in Downtown St. Pete · Specialty Property For Sale · 24,402 SF

Investment Highlights

  • 0.74± acres in downtown St. Petersburg
  • Near I-375 access to downtown
  • Current zoning is DC-2, downtown center

Executive Summary

Foundry Commercial is pleased to offer this premier redevelopment/specialty property in the heart of downtown St. Petersburg. Conveniently located where I-375 comes into downtown, the 0.74± acre property is spread across two parcels, with 100± feet of frontage along both 4th Avenue North and 5th Avenue North. The property sits approximately 4 blocks north of Central Avenue, downtown St. Petersburg’s center for shopping, dining, and entertainment.
The St. Petersburg City Council voted in August 2025 to of?cially add the sanctuary portion of the building to the St. Petersburg Register of Historic Places as a local landmark. The designation provides Transfer of Development Rights credits which let owners sell unused development potential from the historic site to developers building in designated receiving zones. The credits for this property have not been sold so they would also be available to the buyer.

Property Facts

Sale Type Investment or Owner User
Property Type Specialty
Property Subtype
Religious Facility
  • Specialty Schools
Building Class C
Lot Size 0.74 AC
Building Size 24,402 SF
No. Stories 2
Year Built 1924
Zoning DC-2 - Downtown Center

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 19-31-17-74466-006-0090
  • 19-31-17-74466-007-0010
Land Assessment
$3,812,838 CAD
Improvements Assessment
$4,848,767 CAD
Total Assessment
$8,661,605 CAD
  • Listing ID: 42031316

  • Date on Market: 2026-09-03

  • Last Updated:

  • Address: 401 5th St N, Saint Petersburg, FL 33701

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