0.56 Acres Lot
0.56 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Morrissey Comm Center
MLS Listing ID TB8496756
HOA Y/N No
Annual Tax Amount $27,703
Lot Size 0.560 Acres
Acres 0.56
Lot Dimensions 132x215x116x165x35x50
Property Sub-Type Commercial
Source Stellar MLS
Property Description
This property represents a truly rare offering on Gulf Blvd, where it is almost impossible to find parcels of this size—approximately 0.56 acres—along this highly sought-after location. Property currently has an abandoned 10 unit apartment building on a portion of the land, which if renovated would be "grandfathered in" at the 10 units or tear down and develop with the rest of the land.
This property offers a unique and highly valuable advantage rarely found on St. Pete Beach—providing developers with a distinct path to maximize returns, which is difficult to replicate in this market.
The property is located within a designated redevelopment Corridor along Gulf Blvd, one of the few streets in St. Pete Beach that permits increased residential density when combined with ground-floor commercial use.
Unlike most properties limited to 12 units per acre, this zoning allows for a higher-density mixed-use project, creating the opportunity for:
• More residential units
• Ground-floor retail income
• Stronger overall project returns
Why This Property Stands Out:
• Residential with mixed-use development
• Ability to increase density beyond typical zoning limits
• Opportunity to create multiple income streams
You're not just buying land, you're acquiring the opportunity for additional density, flexibility, and income potential in a supply-constrained coastal market.
Location
State FL
County Pinellas
Community Morrissey Comm Center
Area 33706 - Pass A Grille Bch/St Pete Bch/Treasure Isl
Exterior
Utilities Available Cable Available, Electricity Available, Public, Water Available
Building
Lot Size Range 1/2 to less than 1
Sewer Public Sewer
Water Public
Others
Ownership Fee Simple
Acceptable Financing Cash, Conventional, Owner Financing, Private Financing Available
Listing Terms Cash, Conventional, Owner Financing, Private Financing Available
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8496756
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