Unlock an unparalleled development opportunity in the heart of Historic Pass-A-Grille with this .35-acre lot at 702 Pass-A-Grille Way. Boasting a prime location directly across from the Intracoastal Waterway and just a 45-second walk to one of the top-rated beaches in the world, this property is zoned for significant redevelopment potential. With the ability to build up to 17 multifamily units, this lot offers a rare chance to create a boutique resort, luxury vacation rentals, or a high-end residential complex.
Adding immediate value and income potential, the property currently features an approximately 644-square-foot apartment that is actively rented on a short-term basis, offering cash flow while future development plans are pursued.
Its strategic position places future residents steps from 8th Avenue, known as the “shortest Main Street in America flanked by water,” lined with local restaurants, boutique shops, and the iconic Merry Pier. The lot’s proximity to St. Petersburg provides easy access to world-class museums, vibrant dining, and major sporting events. Additionally, Tampa International Airport is just 35 minutes away, ensuring convenience for both residents and short-term visitors.
Whether you envision a profitable income-producing property or a luxurious coastal retreat, this expansive lot in Pass-A-Grille offers limitless possibilities to capitalize on the area’s thriving tourism and lifestyle demand.