** Rare Development Opportunity – St. Pete Beach**
This property represents a truly rare offering on Gulf Blvd, where it is almost impossible to find parcels of this size—approximately 0.56 acres—along this highly sought-after location. Property currently has an abandoned 10 unit apartment building on a portion of the land, which if renovated would be "grandfathered in" at the 10 units or tear down and develop with the rest of the land.
This property offers a unique and highly valuable advantage rarely found on St. Pete Beach—providing developers with a distinct path to maximize returns, which is difficult to replicate in this market.
The property is located within a designated redevelopment Corridor along Gulf Blvd, one of the few streets in St. Pete Beach that permits increased residential density when combined with ground-floor commercial use.
Unlike most properties limited to 12 units per acre, this zoning allows for a higher-density mixed-use project, creating the opportunity for:
• More residential units
• Ground-floor retail income
• Stronger overall project returns
Why This Property Stands Out:
• Residential with mixed-use development
• Ability to increase density beyond typical zoning limits
• Opportunity to create multiple income streams
You’re not just buying land, you’re acquiring the opportunity for additional density, flexibility, and income potential in a supply-constrained coastal market.
Listing Courtesy of: IMPACT REALTY TAMPA BAY
813-321-1200
Buyer Represented by: RE/MAX PREFERRED
| Listing Id: | TB8496756 |
|---|---|
| List Price: | $2,975,000 |
| Close Price: | $2,700,000 |
| Close Date: | 2026-07-25 |
| Property Type: | Land |
| Property Sub Type: | Commercial |
| Status: | Closed |
| Tax Annual Amount: | $27,704 |
| Lot Size Square Feet: | 24,516 |
| Lot Size Acres: | 0.56 |
| Waterfront?: | No |
| City: | St Pete Beach |
| County Or Parish: | Pinellas |
| Subdivision Name: | Morrissey Comm Center |
| Postal Code: | 33706 |
| Building Area Units: | Square Feet |
| Current Use: | Commercial |
| Directions: | Gulf Blvd |
| Listing Contract Date: | 2026-06-25 |
| Ownership: | Fee Simple |
| Living Area Units: | Square Feet |
| Lot Size Acres: | 0.56 |
| Lot Size Dimensions: | 132x215x116x165x35x50 |
| Postal Code Plus4: | 1946 |
| MLS Area Major: | 33706 - Pass A Grille Bch/St Pete Bch/Treasure Isl |
| MLS Area Major: | 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl |
| Original List Price: | $2,975,000 |
| Parcel Number: | 36-31-15-59152-000-0010 |
| Township: | 31 |
| Road Surface Type: | Paved |
| Listing Terms: | Cash, Conventional, Owner Financing, Private Financing Available |
| Tax Year: | 2025 |
| Sewer: | Public Sewer |
| Special Listing Conditions: | None |
| State Or Province: | FL |
| Utilities: | Cable Available, Electricity Available, Public, Water Available |
| Water Source: | Public |
| Public Survey Range: | 15 |
| Public Survey Section: | 36 |
| Alternate Key Folio Num: | 363115591520000010 |
| Backups Requested Yn: | Yes |
| Calculated List Price By Calcula: | 121.35 |
| Flood Zone Code: | AE |
| Flood Zone Date: | 2021-08-24 |
| Flood Zone Panel: | 12103C0257H |
| For Lease Yn: | No |
| Front Footage: | 215 |
| Listing Exclusion Yn: | No |
| Lot Size Square Meters: | 2278 |
| Price Per Acre: | 4821429 |
| Sdeo yn: | No |
| Total Acreage: | 1/2 to less than 1 |
| Water Access Yn: | No |
| Water Extras Yn: | No |
| Water View: | No |
| Association 2 Yn: | 0 |
| Attribution Contact: | 813-321-1200 |
| Originating System Name : | Stellar MLS |
| Designated Builder Yn: | No |
| Listing Contract Date: | 2026-04-13 |
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Property Last Updated: October 16, 2026 02:36 AM - ET
