New Listing - 10/04/2024

$2,200,000 ($718.48 per sqft)

Est. Mortgage $10,980/mo *

Quick Pre-Approval

503 55th AVENUE, St Pete Beach, FL, 33706

503 55th AVENUE, St Pete Beach, FL, 33706

4 rooms

4 beds

3 Full / 1 Half baths

2007

3,062 sqft

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.


Status:

Active

Type:

Single-family residential

Laundry Remarks:

Inside

Subdivision:

BRIGHTWATER BEACH ESTATES FINAL ADD

Garage:

3-car

Heating:

Solar

Cooling:

Central Air

Levels:

1

Lot Size:

90 x 110

Acreage:

0.23

Est. Taxes:

$11,061

Construction

Stucco

Utilities

BB/HS Internet Available, Electricity Available

View Description:

Water

Pet Policy:

Yes

Appliances:

Bar Fridge, Dishwasher, Disposal

Pool:

In Ground

Min Lease Term:

1 Month

MLS #:

TB8310163


Community Info

School Info

Walk Score

Yelp



Listing courtesy of DALTON WADE INC Phone: 888-668-8283