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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.
DAYS ON MARKET | 6 | LAST UPDATED | 3/24/2025 |
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TRACT | MOREY BEACH | YEAR BUILT | 1925 |
COMMUNITY | 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl | GARAGE SPACES | 2.0 |
COUNTY | Pinellas | STATUS | Active |
PROPERTY TYPE(S) | Single Family |
Elementary School | Azalea Elementary-PN |
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Jr. High School | Bay Point Middle-PN |
High School | Boca Ciega High-PN |
ADDITIONAL DETAILS | |
AIR | Central Air |
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AIR CONDITIONING | Yes |
APPLIANCES | Cooktop, Refrigerator |
AREA | 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl |
CONSTRUCTION | Block, Stucco |
GARAGE | Yes |
HEAT | Central |
LOT | 0.35 acre(s) |
LOT DESCRIPTION | Paved, Waterfront |
LOT DIMENSIONS | 100x155 |
PARKING | Driveway, Attached |
SEWER | Public Sewer |
STORIES | 2 |
STYLE | Traditional |
SUBDIVISION | MOREY BEACH |
TAXES | 41759.92 |
UTILITIES | Cable Available, Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected |
VIEW | Yes |
VIEW DESCRIPTION | Water |
WATER | Public |
WATERFRONT | Yes |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by David Cook, III, SERHANT, 646-480-7665
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 3/29/25 12:33 PM PDT.
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