Sold

503 55TH AVE

ST PETE BEACH FL, 33706

$1,225,000


$400.07 per sqft

Sold

4 Beds

4 Baths

3,062 sqft

Residential

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.

TB8310163

MLS ID

October 4, 2024

Listed

December 20, 2024

Updated

Map

503 55TH AVE
ST PETE BEACH FL, 33706

Interior Features

Total Stories

1


Bedrooms

4


Total Bathrooms

4


Full Bathrooms

3


Half Bathrooms

1


Interior Features

Ceiling Fans(s), High Ceilings, Open Floorplan, Primary Bedroom Main Floor, Tray Ceiling(s), Window Treatments


Appliances

None


Laundry Description

Inside


Floor Description

Tile, Wood


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Solar

Exterior/Building Features

Lot Size

0.23 Acres


Exterior Features

French Doors, Irrigation System, Outdoor Grill, Private Mailbox


Roof

Tile


Sewer

Public Sewer

Other Property Details

Area Name

33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl


Taxes

$11,061


Tax Frequency

Annually


Days on Market

47


Association Fee Frequency

Monthly


Garage

Yes


Garage Spaces

3


View

Yes


View Description

Water


County

Pinellas


Municipality

32


Water Source

Public


Pool

Yes


Pool Features

In Ground


Waterfront

Yes

Green Building Features

Green Features

Solar

Listing History

Date

Event

Price

12/20/2024

Sold

$1,225,000

11/27/2024

Pending

11/26/2024

Active

11/19/2024

Pending

Listed by DALTON WADE INC
Listing Contact: 888-668-8283 

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Data last updated 12/20/2024, 1:38 AM UTC

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