1125L FRIENDLY WAY S, St. Petersburg, FL, 33705 | $778,000

A once in a generation opportunity is NOW to create the home of your dreams in the iconic and picturesque Pink Streets of St. Petersburg. For the first time in over 30 years, one of the largest land parcels in this tranquil and coveted neighborhood is being offered for consideration. Situated at the southernmost tip of Pinellas County, and just across the street from the sparkling open waters of Tampa Bay, this estate-sized corner lot spans almost 1/2 acre, and is framed by the historic coral-pink winding streets and impressive and lush tree canopies that define the community. The lot encompasses over 19, 105 square feet of land, which is truly rare-to-find in St. Petersburg. The expansive size of the parcel (156’ x 120’) presents a unique opportunity for discerning builders, architects and future owners to design and create a residence of unparalleled creativity and grandeur, perfectly placed in this elegant and peaceful setting. The lot’s generous size provides flexibility for thoughtful design in scale and style in this neighborhood known for it’s distinctive aesthetic and charm. The Pink Streets community was developed in the early 1900s, and is celebrated for its rich history and iconic winding concrete pastel-pink streets, dotted with magnificent homes of varied architectural styles. It is truly a hidden gem. The lifestyle here is serene and elegant, with easy walkability to waterfront views and parks overlooking the Skyway Bridge, including Katherine B. Tippetts Park, the Tocobaga Indian Mounds and Bay Vista Park with boat ramp, playground and recreation facilities. The location is superb, offering easy access to both Tampa and Sarasota and multiple airports, and just a few minutes drive to bustling downtown St. Petersburg, and our gorgeous award-winning Gulf Coast beaches. A Buildable Lot Letter has been secured from the City of St. Petersburg. The lot is located in the NS-2 zoning district, and the property in its current configuration qualifies for a new build of a single family estate plus an accessory dwelling unit. Variances to adjust the current lot to accommodate for additional structures or individual homes may be pursued with the City by the future developer or owner. Buyers to verify all building and permitting details directly with the City of St. Petersburg. Listing agent and brokerage make no guarantees regarding future development approvals or variance outcomes. Don’t miss this truly rare opportunity to build in one of St. Petersburg’s most treasured neighborhoods.

Features

  • Lot Size: 156 x 120
  • Lot Desc: Buildable, Corner Lot, City Lot, Oversized Lot, Room For Pool
  • MLS#: TB8412305
  • Days on Market: 177 days
  • Website: https://www.raveis.com
    /prop/TB8412305/1125lfriendlyways_stpetersburg_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 3/7/2026 6:47:06 PM)

William Raveis Family of Services

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The Geena Becker TeamLuxury Properties Specialist

860.983.4446

Geena.Becker@raveis.com

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Russell BaboffVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1014636

860.463.1745

Russell.Baboff@raveis.com

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1125L FRIENDLY WAY S, St. Petersburg, FL, 33705

$778,000

The Geena Becker Team

Luxury Properties Specialist

William Raveis Real Estate

Phone: 860.983.4446

Geena.Becker@raveis.com

Russell Baboff

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 860.463.1745

Russell.Baboff@raveis.com

NMLS Mortgage Loan Originator ID 1014636

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $622,400 $622,400 $622,400
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.125% 5.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.258% 6.292% 5.628%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,583 $3,782 $5,044
Total Monthly Payment $3,675 $3,874 $5,136

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.