Property Description
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.
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.
Overview
Property Type
Residential
Location
702 PASS A GRILLE WAY, ST PETE BEACH, FL 33706
MLS ID
TB8364676
Listing Last Updated
Property Features & Amenities
Interior
Total Bedrooms
1
Full Bathrooms
1
Flooring
Ceramic Tile, Wood
Appliances
Cooktop, Refrigerator
Other Interior Features
Solid Surface Counters
Exterior
Stories
2
Garage Spaces
2.0
Water Source
Public
Utilites
BB/HS Internet Available, Cable Available, Electricity Available, Electricity Connected, Public, Sewer Available, Sewer Connected, Street Lights, Water Available, Water Connected
Roof
Shingle
Lot Features
City Limits, Sidewalk, Paved
Parking
Driveway
Heat Type
Central
Air Conditioning
Central Air
Sewer
Public Sewer
Substructure
Slab
Other Exterior Features
Sidewalk
Details
Architecture Styles
Traditional
Water Frontage
Intracoastal Waterway
View Description
Water
Financial
Price
$3,899,900
Real Estate Tax
$41,760/yr
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