503 55th AVENUE, St Pete Beach, FL 33706

$2,200,000 Asking Price

4 beds
4 baths
3,062  sqft
Built in 2007

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.

Features & Amenities

Interior

General:
Ceiling Fan(s), High Ceilings, Open Floorplan, Primary Bedroom Main Floor, Tray Ceiling(s), Window Treatments
Appliances:
None
Laundry:
Inside
Flooring:
Tile, Hardwood
A/C:
true, Central Air
Heating:
true, Solar
Eco/Green Feature:
Solar

Exterior

General:
French Doors, Irrigation System, Outdoor Grill, Private Mailbox
Pool:
In Ground

Construction

Roofing:
Tile
General:
Stucco, One, Slab

Location

Road/Access:
Asphalt
Originating MLS:
Stellar MLS
County:
Pinellas

Lot

Zoning:
BRIGHTWATER BEACH ESTATES FINAL ADD LOT 2, 063216114480000020
View:
Water

Utilities

Utilities:
BB/HS Internet Available, Electricity Available, Photovoltaics Seller Owned
Water:
Public
Sewer:
Public Sewer

Financial

Source:
Stellar MLS

This listing courtesy of:
DALTON WADE INC, Alex Mixon

About Saint Petersburg, FL

Housing

Number of Units
198,858
Median Home Value
$268,233
Median Rent
$1,040

34.52% of housing units are renter occupied.

14.89% are vacant.

Commute

Car
62.17%
Public Transportation
1.66%
Walk to Work
1.48%
Work from Home
32.47%
Other
1.10%

The median travel time to work is 17 minutes.

People

Population
352,896
Median Age
46.30
Median Household Size
2.36

Education

High School
25.67%
Associate’s Degree
9.20%
Bachelor’s Degree
22.93%
Graduate Degree
13.14%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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