Property Description
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.
Features
- Swimming Pool:
- In Ground
- Heating System:
- Solar
- Cooling System:
- Central Air
- Exterior Features:
- Private Mailbox, French Doors, Outdoor Grill
- Flooring:
- Wood, Tile
- Interior Features:
- Ceiling Fans(s), Open Floorplan, Primary Bedroom Main Floor, Window Treatments, High Ceilings, Tray Ceiling(s)
- Laundry Features:
- Inside
- Pool Private Yn:
- 1
- Sewer:
- Public Sewer
- Utilities:
- Electricity Available, BB/HS Internet Available
- Waterfront Features:
- Intracoastal Waterway
Appliances
- Appliances:
- None
Address Map
- Country:
- US
- State:
- FL
- County:
- Pinellas
- City:
- St Pete Beach
- Subdivision:
- BRIGHTWATER BEACH ESTATES FINAL ADD
- Zipcode:
- 33706
- Street:
- 55TH
- Street Number:
- 503
- Street Suffix:
- AVENUE
- Longitude:
- W83° 15' 52.8''
- Latitude:
- N27° 44' 2.7''
- Direction Faces:
- North
- Directions:
- Keep straight to get onto FL-699 / 75th Ave Turn left to stay on FL-699 / Gulf Blvd Turn left onto 55th Ave Home is on the left 503 55th Avenue
- Mls Area Major:
- 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
Additional Information
- Lot Size Dimensions:
- 90x110
- Water Source:
- Public
- Stories Total:
- 1
- On Market Date:
- 2024-10-04
- Levels:
- One
- Garage:
- 3
- Foundation Details:
- Slab
- Construction Materials:
- Stucco
- Building Size:
- 4410
- Attached Garage Yn:
- 1
Financial
- Tax Annual Amount:
- 11060.98
Listing Information
- List Agent Mls Id:
- 260051417
- List Office Mls Id:
- 260031661
- Listing Term:
- Cash, Conventional
- Mls Status:
- Sold
- Modification Timestamp:
- 2025-06-09T21:48:17Z
- Originating System Name:
- Stellar
- Special Listing Conditions:
- None
- Status Change Timestamp:
- 2024-12-20T01:08:35Z
Residential For Sale
503 55th Ave, St Pete Beach, Florida 33706
4 Bedrooms
4 Bathrooms
3,062 Sqft
$2,200,000
Listing ID #TB8310163
Basic Details
- Property Type :
- Residential
- Listing Type :
- For Sale
- Listing ID :
- TB8310163
- Price :
- $2,200,000
- View :
- Water
- Bedrooms :
- 4
- Bathrooms :
- 4
- Half Bathrooms :
- 1
- Square Footage :
- 3,062 Sqft
- Year Built :
- 2007
- Lot Area :
- 0.23 Acre
- Full Bathrooms :
- 3
- Property Sub Type :
- Single Family Residence
- Roof:
- Tile
- Waterfront Yn :
- 1
