702 PASS A GRILLE WAY, ST PETE BEACH, FL, 33706
$3,999,000
Residential
Bedrooms
1
Bathrooms
1
Living Area
644 Sqft
Lot Size
15,133 Sqft
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.
Property Details
Property Features Property Features
MLS ID: MFRTB8364676 Year Built: 1925
Appliances: Cooktop, Refrigerator Architectural Style: Traditional
Community Features: Golf Carts OK, Park, Playground, Sidewalks, Street Lights Construction Materials: Block, Stucco
Cooling: Central Air Country: US
County Or Parish: Pinellas Direction Faces: East
Exterior Features: Sidewalk Fencing: Fenced
Flooring: Ceramic Tile, Wood Foundation Details: Slab
Heating: Central Laundry Features: Other
Levels: Two Listing Agreement: Exclusive Right To Sell
Listing Terms: Cash, Conventional Lot Features: City Limits, Sidewalk, Paved
Occupant Type: Owner Parking Features: Driveway
Pets Allowed: Yes Property Sub Type: Single Family Residence
Property Type: Residential Road Responsibility: Public Maintained Road
Road Surface Type: Asphalt Roof: Shingle
Sewer: Public Sewer Showing Requirements: Lockbox, ShowingTime
Special Listing Conditions: None Standard Status: Active
State Or Province: FL Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Electricity Connected, Public, Sewer Available, Sewer Connected, Water Available, Water Connected
Vegetation: Mature Landscaping View: Water
Water Source: Public Waterfront Features: Intracoastal Waterway
Rooms Rooms
Kitchen: Living Room:
Primary Bedroom:
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