3800 SHORE ACRES BOULEVARD NE ST PETERSBURG FL 33703 MLS #TB8387721

Welcome to 3800 Shore Acres Blvd NE – an address prized for panoramic water views and quick access to Downtown St. Petersburg (about a 12-minute drive or 24-minute bike ride through scenic neighborhoods). Nestled between newly built multi-million-dollar estates, this property offers the most affordable waterfront footprint on the street while sharing the same spectacular vistas.
The existing mid-century block home is the result of a recent complete remodeling and already carries an active construction contract with a licensed local general contractor. Thanks to St. Petersburg’s 49 Percent Rule, buyers can invest freely in updates without triggering current flood-plain compliance, preserving both time and capital. Prefer extra peace of mind? The structure is well-suited for elevation, virtually eliminating future flood concerns.
Of course, the setting may inspire a brand-new coastal masterpiece. With a generous 51 × 150 ft lot, New dockage (2023), and a tranquil sandbar that keeps noisy motorboats at bay, the stage is set for a custom waterfront residence that instantly aligns with neighboring homes valued at $3 million-plus.
Whether you restore, raise, or rebuild, 3800 Shore Acres Blvd NE promises compelling return on investment framed by sunrise reflections, cooling sea breezes, and the gentle sound of lapping waves. Seize this chance to design the waterfront lifestyle you have always imagined and elevate it, both literally and figuratively, to its full potential. Schedule your private tour today. Opportunities like this rarely surface twice.