St Petersburg, FL 33708,18218 SUNSET BLVD #A+B
St Petersburg, FL 33708,18218 SUNSET BLVD #A+B
St Petersburg, FL 33708,18218 SUNSET BLVD #A+B
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$5,500,000
Est. payment /mo
10,018 Sqft Lot

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Key Details

Property Type Vacant Land

Sub Type Residential

Listing Status Active

Purchase Type For Sale

Subdivision Sunset Villa Condo

MLS Listing ID TB8414300

HOA Y/N No

Annual Tax Amount $9,612

Lot Size 10,018 Sqft

Acres 0.23

Lot Dimensions 210X51

Property Sub-Type Residential

Source Stellar MLS

Property Description

A rare opportunity has arrived in Redington Shores: a direct Gulf-front property offering unparalleled potential for both luxury living and lucrative investment. For the first time in over 30 years, this prime piece of real estate is available to the market. Currently zoned as a condo, the property has been cherished as a family vacation retreat, with two spacious units totaling 2,750 sq. ft. of living space—each featuring 3 bedrooms and 2 bathrooms. The existing structure boasts a large parking pad, two one-car garages, and under-building storage, adding functionality to its enviable beachfront location. There is over 50 feet of Gulf frontage and a Sea Wall Already in place and the City provides a Beach scraper to keep the beach front view clean and free of debris.

Another rare advantage: this property does not back up to Gulf Boulevard, providing a quieter, more private atmosphere with Constitution Park buffering the rear of the property, which has a dog walk, playground and town sponsored cookouts and events for residents. Just steps away, you'll find the beach trolley, bus stops, local favorites like Candy Kitchen, Coco Wood Grill, Friendly Tavern, and Broke N Board, plus easy access to restaurants, coffee shops, and the famous Beach Pizza. The lot itself, just under a quarter acre (see attached survey), offers impressive development potential. The City of Redington Shores allows underground parking/storage and up to two floors of buildable space, with the potential for a third floor with variance approval.

The possibilities are endless: design a spectacular 2,500+ sq. ft. Gulf-front penthouse for your own use while generating income from luxury rental units below, or create a boutique Gulf-front development perfectly tailored for today's high-end buyers and investors. Possibly two smaller buildings with a variance? All this, while being only 30 minutes to Tampa—home of the Buccaneers, Tampa Bay Lightning, the Rays, fine dining, international shopping, Broadway-caliber theater, and an international airport. Just minutes away, St. Pete offers a vibrant nightlife and its iconic new pier, while Clearwater Beach adds yet another world-class destination to the mix.

Location

State FL

County Pinellas

Community Sunset Villa Condo

Area 33708 - St Pete/Madeira Bch/N Redington Bch/Shores

Zoning RES

Exterior

Utilities Available BB/HS Internet Available, Cable Available, Phone Available, Sewer Available, Sewer Connected, Water Available

Waterfront Description Gulf/Ocean

View Y/N Yes

Water Access Yes

Water Access Desc Gulf/Ocean

View Water

Building

Lot Description CoastalConstruction Control Line, Near Marina, Near Public Transit, Paved

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Schools

Elementary Schools Bauder Elementary-Pn

Middle Schools Seminole Middle-Pn

High Schools Seminole High-Pn

Others

Ownership Condominium

Special Listing Condition None

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