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.
644 Sq Ft
0.35 Private Acres Lot Size
Single Family Home
$41,760 Annual Tax
Built in 1925
MLS/Listing ID TB8364676
Solid Surface Counters
Slab
Ceramic Tile
Lot - City Lot
Parking - Driveway
Water View
Hardwood
Fenced
Cooling - Central Air
Construction - Block
Construction - Stucco
Community - Park
Community - Playground
Community - Sidewalks
Style - Traditional
Cooktop
Refrigerator
Intracoastal Waterway
Shingle
Lot - Sidewalk
Sidewalk
Community - Golf Carts OK
Pets Allowed
TOTAL MONTHLY COST
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