π Waterfront Opportunity β St. Pete Beach, FL
Full Rehab Required
π° $775,000
π‘ Property Overview
Incredible chance to secure a prime waterfront property in one of Floridaβs most desirable coastal communities β St. Pete Beach.
This 3-bed, 3-bath, 1,996 sq. ft. home sits on a 0.25-acre lot with direct water access, making it the perfect canvas for a luxury estate or short-term rental.
- Built: 1955
- Lot Size: 0.25 Acre
- Living Area: 1,996 sq. ft.
- Beds/Baths: 3 / 3
- Condition: Full rehab required (impacted by Hurricane Helene)
- Status: Off-market / investor-ready
π΄ Key Highlights
- 3 Bedrooms | 3 Bathrooms | 1,996 Sq. Ft.
- 0.25 Acre Waterfront Lot β plenty of room for redevelopment
- Boat-Friendly Dockage: Accommodates large vessels / catamarans
- No HOA β maximize flexibility
- Walkable to beach, dining, and nightlife
- Located in a high-demand coastal neighborhood surrounded by multimillion-dollar homes
π Location Benefits
- Minutes from Pinellas Bayway β quick access to Downtown St. Pete & Tampa
- In the heart of St. Pete Beach, consistently ranked among the Top Beaches in the U.S.
- Strong demand for vacation rentals, luxury homes, and second residences
- Surrounded by new construction and luxury waterfront redevelopments
πΌ Investment Play
- Auction-style listing: Highest & best offer wins
- Ideal for full rehab or teardown/new construction
- ARV: $2,100,000
- Gross Margin Potential: $1,365,000
- STR/Airbnb Potential: High-income area with strong tourism demand
- Long-term growth: Waterfront land in one of Floridaβs most limited supply markets
βοΈ Deal Terms
- Assignment of Contract
- As-Is Sale | Zero Contingencies
- Earnest Money Deposit (EMD): Non-refundable
- Buyer pays all closing costs
- No wholesalers / no daisy chains
π Contact
Shaun Holyfield β 850-353-3661
Ray Morgan Real Estate LLC
π§ Text or call now to schedule a walkthrough or submit your offer.
β‘ Quick Stats
CategoryDetails |
Price | $775,000 |
ARV | $2,100,000 |
Gross Margin | $1,365,000 |
Lot Size | 0.25 Acre |
Structure | 3 Bed / 3 Bath / 1,996 Sq. Ft. |
Condition | Full Rehab / Waterfront |
π Call to Action
This off-market St. Pete Beach waterfront gem wonβt last!
Text or call Shaun Holyfield β 850-353-3661 to lock it up before the next offer hits.