503 55th Avenue, St Pete Beach, FL 33706

$1,225,000
4
BD
4
BA
3,062
SqFt

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Sold Price
$1,225,000
List Price
$2,200,000
Status
Sold
Days on Market
54
Closing Date
Dec 18, 2024
MLS#
TB8310163
Property Style
Single Family
Year Built
2007
Bedrooms
4
Bathrooms
4
Baths Half
1
Living Area
3,062
Lot Size
9,901
Acres
0.23
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Brightwater Beach Estates Final Add
MLS Area Major
Pass a Grille Bch/St Pete Bch/Treasure Isl

Property Description

This home presents a unique opportunity for visionary buyers or investors. Located in the desirable Brightwater neighborhood of St. Pete Beach, it has an immense potential for redevelopment or extensive renovation. The existing structure, which experienced significant water damage during Hurricane Helene, offers a blank canvas for those looking to build their dream home from the ground up. Property Features Prime Location: Situated in a sought-after neighborhood Redevelopment Potential: Ideal for new construction or major renovation Lot Value: Excellent opportunity to maximize land value Prospective buyers should be aware that the current structure sustained substantial flooding during Hurricane Helene, with water levels reaching approximately 3 feet. As a result, this property may be best suited for those interested in new construction or extensive rehabilitation projects. Interested parties are encouraged to conduct thorough due diligence, including flood zone assessment and consultation with local building authorities regarding reconstruction options. This listing represents a chance to acquire property in a desirable location with the potential to create a custom home tailored to your specifications.

Additional Information

Taxes
$11060
Minimum Lease
1 Month
Community Features
No Deed Restriction
Property Description
One Story
Interior Layout
Ceiling Fans(s), High Ceilings, Open Floorplan, Primary Bedroom Main Floor, Tray Ceiling(s), Window Treatments
Interior Features
Ceiling Fans(s), High Ceilings, Open Floorplan, Primary Bedroom Main Floor, Tray Ceiling(s), Window Treatments
Floor
Tile, Wood
Appliances
None
Utilities
BB/HS Internet Available, Electricity Available
Heating
Solar
Air Conditioning
Central Air
Exterior Construction
Stucco
Exterior Features
French Doors, Outdoor Grill, Private Mailbox
Roof
Tile
Foundation
Slab
Pool
Private
Pool Type
In Ground
Garage Carport
3 Car Garage
Garage Spaces
3
Water Extras
Lift, Seawall - Concrete
Water View
Bay/Harbor - Full, Intracoastal Waterway
Water Access
Gulf/Ocean, Intracoastal Waterway
Water Frontage
Intracoastal Waterway
Pets
Allowed
Flood Zone Code
AE
Parcel ID
06-32-16-11448-000-0020
Legal Description
BRIGHTWATER BEACH ESTATES FINAL ADD LOT 2

Listing courtesy of DALTON WADE INC. 888-668-8283

Selling Office: DALTON WADE INC.

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