550 59TH AVENUE

St Pete Beach, FL 33706
$850,000
3311 sqft | 4 beds | 3.5 baths | 0.20 acres | #A4628711

Description

Discover an extraordinary opportunity to create your dream home on St. Pete Beach’s coveted waterfront. This prime property offers a blank canvas, perfect for developers, investors, or anyone seeking to build a custom retreat in one of Florida’s most desirable locations. Currently, a 3,300 sq ft two-story home with a pool sits on the lot, but the true value lies in the location and potential for redevelopment. Due to flooding from Hurricane Helene and FEMA’s 50% rule, the existing structure is designated for new construction, opening the door for a fresh start with a design that capitalizes on the stunning views and idyllic surroundings. Imagine creating a luxurious coastal sanctuary with water views, premium finishes, and every amenity for an unmatched Florida lifestyle. This property previously featured a unique, pie-shaped 25-foot dock, which sustained damage but has the potential to be rebuilt, offering easy access to boating, fishing, kayaking, and paddleboarding. Located just minutes from St. Pete Beach’s sandy shores, upscale dining, boutique shopping, and vibrant cultural scene, this lot provides boating access to the Intracoastal Waterway, Tampa Bay, and the Gulf of Mexico,making it an ideal site for those who want to embrace waterfront living. With the freedom to build a home perfectly suited to your vision, this property represents a rare chance to invest in a lifestyle where every day feels like a vacation. Being sold as-is; current structure unsuitable for rehabilitation. Take the first step toward crafting your paradise by scheduling a viewing today - this waterfront gem awaits your inspiration!
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  • Interior Details
    • Interior Features
      • Interior:Other
    • Beds & Baths
      • Bedrooms:4
      • Bathrooms:3.5
      • Full Baths:3
      • Half Baths:1
  • Property Details
    • Property
      • Stories:2
      • Exterior materials:Other, Private Mailbox
    • Measurements
      • Acres:0.2
      • Square Feet:3311
    • Parking
      • Parking spaces:2
  • Construction Details
    • Type & Style
      • Property type:Purchase
    • Condition
      • Year built:1974
    • Material information
      • Foundation:Slab
  • Utilities / Energy Details
    • Utility
      • Sewer information:Public Sewer
      • Utility source:Public
      • Utility features:Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
  • Community and Neighborhood Details
    • Community
      • Subdivision:BAHIA SHORES 2ND ADD
    • Location
      • County:Pinellas
  • Financial Details
    • Pricing Details
      • Original List Price:$850, 000
      • Days on Market (Cumulative):5
      • Taxes annual:$5, 185
  • Restrictions
    • Pets
      • Pets Allowed:Yes
  • Other
    • Source
      • MLS #:A4628711

Location

Patricio R. MosqueraReal Estate Group
$
years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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