Residential Property - Single Family Residence in St Pete Beach
Listing Price: $3,999,000 (Mortgage Calculator →)
Description of Property
Experience the ultimate in coastal living and investment potential with this charming 644-square-foot home in Historic Pass-A-Grille. Currently operating as an income-producing short-term rental, this one-bedroom, one-bathroom property offers not only immediate returns but also unmatched future value. Located at 702 Pass-A-Grille Way, the true opportunity lies in its redevelopment potential. Zoned to accommodate up to 17 multifamily units, this expansive lot is directly across from the serene Intracoastal Waterway and just a 45-second walk to the world-renowned Pass-A-Grille Beach, consistently ranked among the best beaches in the country and the world. Beyond the stunning waterfront views, you’re steps from 8th Avenue — celebrated as "the shortest Main Street in America flanked by water." Here, charming local restaurants, boutique shops, and the iconic Merry Pier offer an authentic taste of beachside living. For city amenities, downtown St. Petersburg is a quick drive away, featuring vibrant arts, award-winning dining, and thrilling sports events with the Tampa Bay Rays, Rowdies, and Lightning. Tampa International Airport is conveniently located just 35 minutes away, providing seamless access for vacationers and frequent travelers alike. Whether you're looking to continue generating rental income or unlock the property's full potential with a lucrative redevelopment project, this Pass-A-Grille gem presents an extraordinary opportunity to own a piece of Florida's beloved Gulf Coast.
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: St Pete Beach
County: Pinellas
Subdivision: Morey Beach
Bedrooms: 1
Bathrooms: 1
Sq. Ft. Gross: 1,963
Sq. Ft. Living Area: 644
Cost per (heated) sqare foot: $6,210
Year built: 1925
Annual Tax: $41,760
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances: Refrigerator
Flooring: Hardwood
Schools
Elementary School: Azalea Elementary-PN
Middle/Junior High School: Bay Point Middle-PN
High School: Boca Ciega High-PN
Pool & Waterfront Info
Private Pool: Not specified
Water Front: Yes
Water Frontage: Intracoastal Waterway
Exterior & Construction
Architectural Style: Traditional
Construction: Stucco
Foundation: Slab
Roof: Shingle
Exterior Features: Sidewalk
Garage: Yes
Garage Spaces: 2
Parking Features: Driveway
Floors in Unit: Two
Cooling: Central Air
Heating & Fuel: Central
View: Water
Fencing: Fenced
Sewer: Public Sewer
Water Source: Public
Community Features: Sidewalks
Lot Information
Lot Features: Sidewalk
Lot Size (acres): 0.35
Lot Size (sq. ft.): 15,133 square feet
Lot Dimensions: 100 x 155
Road Frontage: Street Paved
Front Exposure: East
Legal Description & Other Information
Financing Available: Conventional
Parcel Number: 193216589320060170
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: MOREY BEACH BLK 6, LOT 17
Section: 19
Range: 16
Listing courtesy of SERHANT. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.