503 55TH AVENUE

St Pete Beach, FL 33706
$2,200,000
4410 sqft | 4 beds | 3.5 baths | 0.23 acres | #TB8310163

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.
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  • Interior Details
    • Interior Features
      • Interior:Ceiling Fans(s), High Ceilings, Open Floorplan, Primary Bedroom Main Floor, Tray Ceiling(s), Window Treatments
    • Beds & Baths
      • Bedrooms:4
      • Bathrooms:3.5
      • Full Baths:3
      • Half Baths:1
  • Property Details
    • Property
      • View:Water
      • Stories:1
      • Exterior materials:French Doors, Irrigation System, Outdoor Grill, Private Mailbox
    • Measurements
      • Acres:0.23
      • Square Feet:4410
    • Parking
      • Parking spaces:3
  • Construction Details
    • Type & Style
      • Property type:Purchase
    • Condition
      • Year built:2007
    • Material information
      • Foundation:Slab
  • Utilities / Energy Details
    • Utility
      • Sewer information:Public Sewer
      • Utility source:Public
      • Utility features:BB/HS Internet Available, Electricity Available
  • Community and Neighborhood Details
    • Community
      • Subdivision:BRIGHTWATER BEACH ESTATES FINAL ADD
    • Location
      • County:Pinellas
  • Financial Details
    • Pricing Details
      • Original List Price:$2, 200, 000
      • Days on Market (Cumulative):46
      • Taxes annual:$11, 060
  • Restrictions
    • Pets
      • Pets Allowed:Yes
  • Other
    • Source
      • MLS #:TB8310163

Location

Del Amo RealtyReal Estate Group
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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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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.

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