St. Petersburg - Beach Property For Sale #7487666

Under contract-accepting backup offers. Situated on prestigious Snell Isle Blvd, just moments from the Vinoy Golf Club, this property offers a rare and compelling homesite opportunity on an oversized 72' x 150' lot (over 10,000 sq ft / ~ 1/4 acre)...A standout feature for the area: rear alley access--providing added flexibility for garage design, guest quarters, or a clean front elevation for a future custom residence.... The existing home experienced storm impact and presents multiple paths forward:
o Renovate and reimagine, supported by a FEMA/Substantial Damage letter allowance of $155,000, or
o Design and build new, taking full advantage of this deep, well-located lot in one of St. Petersburg's most established neighborhoods
The Pinellas County Property Appraiser most recent sales comparison valuation is $737,100, supporting the underlying land value and long-term upside.
Additional highlights:
o Golf cart-friendly community
o Potential for ADU (Accessory Dwelling Unit) with new construction (buyer to verify)
o Close proximity to waterfront parks, downtown St. Petersburg, and the Vinoy area .....
This property has been the setting for many years of ownership and is now ready for its next chapter--whether that's a thoughtful renovation or a custom new build designed to maximize the location and lot....
Opportunities like this--size, location, and alley access--are increasingly hard to find on Snell Isle....
Call today for details.