Discover an extraordinary opportunity to create your dream home on St. Pete Beach’s coveted waterfront. This prime property offers a blank canvas, perfect for developers, investors, or anyone seeking to build a custom retreat in one of Florida’s most desirable locations. Currently, a 3,300 sq ft two-story home with a pool sits on the lot, but the true value lies in the location and potential for redevelopment. Due to flooding from Hurricane Helene and FEMA’s 50% rule, the existing structure is designated for new construction, opening the door for a fresh start with a design that capitalizes on the stunning views and idyllic surroundings. Imagine creating a luxurious coastal sanctuary with water views, premium finishes, and every amenity for an unmatched Florida lifestyle. This property previously featured a unique, pie-shaped 25-foot dock, which sustained damage but has the potential to be rebuilt, offering easy access to boating, fishing, kayaking, and paddleboarding. Located just minutes from St. Pete Beach’s sandy shores, upscale dining, boutique shopping, and vibrant cultural scene, this lot provides boating access to the Intracoastal Waterway, Tampa Bay, and the Gulf of Mexico, making it an ideal site for those who want to embrace waterfront living. With the freedom to build a home perfectly suited to your vision, this property represents a rare chance to invest in a lifestyle where every day feels like a vacation. Being sold as-is; current structure unsuitable for rehabilitation. Take the first step toward crafting your paradise by scheduling a viewing today - this waterfront gem awaits your inspiration!
Sold for $965,000 on 08/14/25
$965,000
550 59th Ave, Saint Pete Beach, FL 33706
4beds
2,773sqft
Single Family Residence
Built in 1974
8,507 Square Feet Lot
$1,123,100 Zestimate®
$348/sqft
$8,400 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: June 09, 2025 at 06:19pm
Listing Provided by:
Jessica Cruse, LLC 727-459-8520,
EXP REALTY LLC 888-883-8509
Bought with:
Ian Walters, 3213970
EXP REALTY LLC
Source: Stellar MLS,MLS#: A4628711
Originating MLS: Sarasota - Manatee

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Primary bedroom
- Features: Walk-In Closet(s)
- Level: First
- Area: 224 Square Feet
- Dimensions: 14x16
Kitchen
- Level: First
- Area: 48 Square Feet
- Dimensions: 6x8
Living room
- Level: First
- Area: 120 Square Feet
- Dimensions: 10x12
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Other
- Laundry: In Garage
Features
- Other
- Flooring: Carpet, Tile
- Has fireplace: Yes
Interior area
- Total structure area: 3,311
- Total interior livable area: 2,773 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Exterior features: Other, Private Mailbox
- Has private pool: Yes
- Pool features: In Ground
- Has view: Yes
- View description: Bay/Harbor - Partial, Canal
- Has water view: Yes
- Water view: Bay/Harbor - Partial,Canal
- Waterfront features: Bay/Harbor, Canal - Saltwater, Bay/Harbor Access, Saltwater Canal Access
- Body of water: BOCA CEIGA BAY
Lot
- Size: 8,507 sqft
- Dimensions: 65 x 106
Details
- Parcel number: 313116023580000290
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Stucco
- Foundation: Slab
- Roof: Tile
Condition
- New construction: No
- Year built: 1974
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
Community & neighborhood
Location
- Region: Saint Pete Beach
- Subdivision: BAHIA SHORES 2ND ADD
HOA & financial
HOA
- Has HOA: No
Other fees
- Pet fee: $0 monthly
Other financial information
- Total actual rent: 0
Other
Other facts
- Listing terms: Cash
- Ownership: Fee Simple
- Road surface type: Asphalt, Paved
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Estimated market value
$1,123,100