Remarks: Experience the ultimate in coastal living and investment potential with this charming 644-square-foot home in Historic Pass-A-Grille. Currently operating as an income-producing short-term rental, this one-bedroom, one-bathroom property offers not only immediate returns but also unmatched future value. Located at 702 Pass-A-Grille Way, the true opportunity lies in its redevelopment potential. Zoned to accommodate up to 17 multifamily units, this expansive lot is directly across from the serene Intracoastal Waterway and just a 45-second walk to the world-renowned Pass-A-Grille Beach, consistently ranked among the best beaches in the country and the world. Beyond the stunning waterfront views, you’re steps from 8th Avenue — celebrated as "the shortest Main Street in America flanked by water." Here, charming local restaurants, boutique shops, and the iconic Merry Pier offer an authentic taste of beachside living. For city amenities, downtown St. Petersburg is a quick drive away, featuring vibrant arts, award-winning dining, and thrilling sports events with the Tampa Bay Rays, Rowdies, and Lightning. Tampa International Airport is conveniently located just 35 minutes away, providing seamless access for vacationers and frequent travelers alike. Whether you're looking to continue generating rental income or unlock the property's full potential with a lucrative redevelopment project, this Pass-A-Grille gem presents an extraordinary opportunity to own a piece of Florida's beloved Gulf Coast.

Listing is courtesy of: SERHANT (646-480-7665)

Listing Agent: David Cook, Iii (727-401-5324)

Remarks: Looking for a house close to the beach that's ready to be customized? The ARV (After Renovated Value) on this home is approx. $500,000, so it's perfect as a fix-and-flip, rental, or create your own tropical beach retreat. Concrete block construction and plaster interior walls are ideally suited for this area. Quiet street with one month minimum rentals allowed, which means the neighborhood is not party-central during spring break. The large, flat back yard has plenty of room for a pool. Multiple parks within a couple of blocks: Horan Park, Egan Park and McKenney Park - where you can fish to your heart's content or watch the dolphins and manatees swim by. Enjoy all the amenities of popular Corey Ave. just a couple blocks away. Important considerations: newer HVAC (2017) that was recently checked and verified by a licensed HVAC technician and passed a 4-Point inspection; the roof (2010) has 30-year architectural shingles and hurricane clips and also passed a 4-Point; mostly newer vinyl windows with hurricane covers; newer electrical panel; the sewer lateral was replaced in the 1990s (public water and sewer); reclaimed water irrigation system; and a Florida room connects the garage to the house while providing extra living space. Sold As-Is. No FEMA or insurance claims have been filed on this property.

Listing is courtesy of: KELLER WILLIAMS GULF BEACHES (727-367-3756)

Listing Agent: Tammy Flake (727-888-3882)