550 59TH, ST PETE BEACH, FL 33706

$750,000 Was $850,000

Beds: 4

Baths: 3 Full / 1 Half

Sq. Ft.: 2,773 Sq. Ft.

Year Built: 1974

Lot Size: 0.2 Acres

Garage: 2

Pool: Yes

DOM: 62

Property Overview

Status: Closed

Property Type: Residential

MLS #: 4f5f5f6a323b65707a8f6b332c9598e1

Subdivision: BAHIA SHORES 2ND ADD

County: Pinellas

HOA Fee: N/A

Year Built: 1974

Construction: Stucco

Foundation: Slab

Roof: Tile

Cooling: Central Air

Heating: Central

Sewer: Public Sewer

Water Source: Public

Zoning: N/A

Tax Amount: $5,185.07 (2023)

Date Sold: Feb 21, 2025

Sold Price: $675,000

Listed On: Nov 11, 2024

Description

Discover an extraordinary opportunity to create your dream home on St. Pete Beach’s coveted waterfront. This prime property offers a blank canvas, perfect for developers, investors, or anyone seeking to build a custom retreat in one of Florida’s most desirable locations. Currently, a 3,300 sq ft two-story home with a pool sits on the lot, but the true value lies in the location and potential for redevelopment. Due to flooding from Hurricane Helene and FEMA’s 50% rule, the existing structure is designated for new construction, opening the door for a fresh start with a design that capitalizes on the stunning views and idyllic surroundings. Imagine creating a luxurious coastal sanctuary with water views, premium finishes, and every amenity for an unmatched Florida lifestyle. This property previously featured a unique, pie-shaped 25-foot dock, which sustained damage but has the potential to be rebuilt, offering easy access to boating, fishing, kayaking, and paddleboarding. Located just minutes from St. Pete Beach’s sandy shores, upscale dining, boutique shopping, and vibrant cultural scene, this lot provides boating access to the Intracoastal Waterway, Tampa Bay, and the Gulf of Mexico, making it an ideal site for those who want to embrace waterfront living. With the freedom to build a home perfectly suited to your vision, this property represents a rare chance to invest in a lifestyle where every day feels like a vacation. Being sold as-is; current structure unsuitable for rehabilitation. Take the first step toward crafting your paradise by scheduling a viewing today - this waterfront gem awaits your inspiration!

Exterior Features

Other, Private Mailbox

Directions

From Gulf Blvd, turn onto 59th Ave. Travel down 59th Ave and home will be on your right.

School Information

Elementary: N/A

Middle: N/A

High: N/A

Location

Get Directions View on Google Maps

Mortgage Estimator

*Estimate includes Principal & Interest (P&I) only. It does not include taxes, insurance, HOA fees, or PMI. Rates and payments may vary. Consult a lender for accurate figures.

Listing Information

Provided Courtesy of:

EXP REALTY LLC

Listing Agent: Jessica Cruse

Information is deemed reliable but not guaranteed. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data last updated: July 29, 2025, 8:06 pm UTC

MLS Source: Stellar MLS Copyright © 2025

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