503 55TH AVE Pending

St Pete Beach,FL 33706

$ 2200000

4 Beds

4 Baths

3062 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Pending

Purchase Type For Sale

Square Footage 3,062 sqft

Price per Sqft $718

Subdivision Brightwater Beach Estates Final Add

MLS Listing ID TB8310163

Bedrooms 4

Full Baths 3

Half Baths 1

Year Built 2007

Annual Tax Amount $11,060

Lot Size 10,018 Sqft

Property Description

Under contract-accepting backup offers. 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.

Location

State FL

County Pinellas

Community Brightwater Beach Estates Final Add

Interior

Heating Solar

Cooling Central Air

Flooring Tile,Wood

Laundry Inside

Exterior

Exterior Feature French Doors,Irrigation System,Outdoor Grill,Private Mailbox

Garage Spaces 3.0

Pool In Ground

Utilities Available BB/HS Internet Available,Electricity Available

Waterfront Description Intracoastal Waterway

View Y/N Yes

Water Access Yes

View Water

Roof Type Tile

Building

Story 1

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Stucco

New Construction false

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition None

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