Property Description

LISTED BELOW APPRAISED VALUE! A Rare Estate Lot on Park Street, Jungle Prada's Best-Kept Secret Opportunities like this simply don't come around often. Tucked into the heart of St. Petersburg's storied Jungle Prada or more accurately Jungle Beach neighborhood, this is one of the last buildable lots remaining on prestigious Park Street, a street lined with mature oak canopies, multi-million-dollar estates, and a sense of old Florida charm that can't be replicated. This oversized parcel at .46 acres isn't a blank slate waiting on years of prep work, it's ready to build now. The lot has already been graded, temporary power is connected, and both city water and sewer service are fully installed and functioning. A private well adds an extra layer of convenience for irrigation. Sitting on elevated ground, the property offers welcome peace of mind from flood concerns, and a granted variance confirms it's fully buildable. For a new owner who wants to move quickly, a complete set of architectural plans for a three-story luxury residence has already been submitted for permitting, offering the option to break ground right away or design something entirely your own. A local builder has also provided an estimated cost to construct the current plans, and we're happy to share all of that information upon inquiry. Aerial photography confirms sweeping water views across Boca Ciega Bay from the home's elevated living levels, echoing the views enjoyed by neighboring estates. Nature lovers will appreciate the property's location backing onto the Reese Canal, perfect for launching a kayak or paddleboard right from your backyard, while being just a block from the public boat ramp and the historic Tocobaga Indian village at Jungle Prada. Peacocks still wander these streets, a charming reminder of the neighborhood's unique character. Worth noting, an independent appraisal completed in the fall of 2025 valued the property notably above the current asking price, offering a buyer built-in equity from day one. Just minutes from Treasure Island, Madeira Beach, and downtown St. Petersburg by car or by boat, with shopping, dining, and parks all nearby, this is a rare chance to build a legacy estate in a setting where history, nature, and luxury quietly coexist. Opportunities like this on Park Street don't last, and once it's gone, it's gone for good.