503 55TH AVENUE ST PETE BEACH FL 33706 MLS #TB8310163

503 55TH AVENUE
ST PETE BEACH, FL, 33706
$2,200,000
4 Beds
3.5 Baths
4,410 SqFt
0.23 Acres
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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.

Property Details

Price:
$2,200,000
MLS #:
TB8310163
Status:
Active
Beds:
4
Baths:
3.5
Address:
503 55TH AVENUE
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
BRIGHTWATER BEACH ESTATES FINAL ADD
Neighborhood:
33706 – Pass a Grille Bch/St Pete Bch/Treasure Isl
City:
ST PETE BEACH
Listed Date:
Oct 4, 2024
State:
FL
Finished Sq Ft:
4,410
Total Sq Ft:
4,410
ZIP:
33706
Lot Size:
9,901 sqft / 0.23 acres (approx)
Year Built:
2007
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Schools

Interior

Appliances
None
Bathrooms
3 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air
Flooring
Tile, Hardwood
Heating
Solar
Laundry Features
Inside

Exterior

Construction Materials
Stucco
Exterior Features
French Doors, Irrigation System, Outdoor Grill, Private Mailbox
Roof
Tile

Financial

Tax Year
2023
Taxes
$11,061

Map

Community

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503 55TH AVENUE
ST PETE BEACH, FL