$2,200,000 for Sale
503 55th avenue , st pete beach, FL 33706
| Beds 4 | Baths 4 | 3,062 Sqft | 0.23 Acres |
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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.
General Information
Sale Price: $2,200,000
Price/SqFt: $718
Status: Active
MLS#: TB8310163
City: st pete beach
Post Office: st pete beach
County: Pinellas
Subdivision: brightwater beach estates final add
Acres: 0.23
Lot Dimensions: 90 x 110
Bedrooms:4
Bathrooms:4 (3 full, 1 half)
House Size: 3,062 sq.ft.
Acreage: 0.23 est.
Year Built: 2007
Property Type: Single Family Residence
Style:
Features & Room Sizes
Paved Road: Asphalt
Construction: Stucco
Exterior Misc: French Doors, Irrigation System, Outdoor Grill, Private Mailbox
Pool: Yes
Pool Description: In Ground
Basement: No
Foundation : Slab
Appliances: None
Cooling: Central Air
Heating: Solar
Waste: Public Sewer
Watersource: Public
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $11,061
Legal Description: BRIGHTWATER BEACH ESTATES FINAL ADD LOT 2
Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2024
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that 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. Listing By: Alex Mixon of DALTON WADE INC, Phone: 888-668-8283
