Under contract-accepting backup offers. Discover an unparalleled opportunity to build your dream home or invest in a prime location on St. Pete Beach's coveted 4th Palm Point. Priced well below FEMA's lot valuation of $2,468,494 (found on PCPAO) This expansive lot offers nearly 140 feet of breathtaking open water frontage, perfect for those seeking the ultimate waterfront lifestyle. The property features a composite dock equipped with a 10,000 lb lift, dock was revamped four years ago, providing seamless access to the sparkling waters of the Gulf. Whether you're a developer with a vision for luxury or an investor eyeing potential, this lot presents limitless possibilities. Currently, a 2,500 square foot single-story block home with a pool and spa resides on the property. However, it sustained damage during Hurricane Helene, and due to FEMA's 50 percent rules, it may or may not be suitable for rehabilitation. The seller makes no warranties regarding the home's condition, leaving it to the buyer to assess the feasibility of a rehab project. This prime point lot is located in a highly desirable area, offering a rare chance to create a custom masterpiece or explore redevelopment options. Don't miss out on this exceptional investment in one of Florida's most sought-after beach communities. Embrace the potential and seize the opportunity to make your mark on St. Pete Beach!

Listing courtesy of COMPASS FLORIDA LLC 7274552351



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2024, Stellar MLS.
Data last updated at: 2024-10-29 08:00 PM EDT