House in Saint Pete Beach, Florida 3 bedrooms, 190.08 sq.m. № 2309882

Property description

Outstanding Waterfront Redevelopment & Restoration Opportunity! Rarely available, this exceptional waterfront property is located on Boca Ciega Isle in the heart of St. Pete Beach, offering a premier coastal setting with direct access to Boca Ciega Bay. Situated on a 50' x 136' waterfront lot, the property encompasses approximately 6,800 square feet of land and features approximately 50 feet of seawall. With its desirable waterfront orientation, exceptional views, and Gulf accessibility, this is a remarkable opportunity for a builder, developer, investor, or buyer looking to create a truly distinctive waterfront residence. The original 3-bedroom, 2-bathroom home, approximately 2,046 square feet, sustained flooding during Hurricane Helene. With an updated appraisal, the property qualifies for restoration under FEMA’s 49% rule, presenting a unique opportunity to restore, renovate, or potentially rebuild a custom waterfront home tailored to today's lifestyle. The location is what truly sets this property apart.