Price: $2,200,000
MLS Number: TB8310163
 Single Family
503 55th, St Pete Beach, Florida 33706 USA
 Beds: 4
 
 Baths: 3
 
 Living Area: 3,062
 Total Square Feet: 4,410
 
 Lot Square Feet: 9,901
 
 HOA Fees: 
 Waterfront: YES
 
 Year Built: 2007
 
 Community: BRIGHTWATER BEACH ESTATES FINA
 
 Subdivision: BRIGHTWATER BEACH ESTATES FINA
About this Property
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.

About the Area

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