PRIME DEVELOPMENT OPPORTUNITY!
Lot zoned for 17 short term rental units. Potential to purchase neighboring parcels as well!
Marketing description
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. 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 downtown 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.
Investment highlights
Prime Development Opportunity: .35-acre lot in the heart of Historic Pass-A-Grille with zoning approval for up to 17 transient accommodation units, ideal for a boutique resort, luxury vacation rentals, or residential development.
Exceptional Location: Directly across from the Intracoastal Waterway and a short 45-second walk to one of the world's top-rated beaches, offering unparalleled waterfront access and tourism appeal.
High ROI Potential: Strong demand for short-term rentals in this iconic beachside community with potential for premium nightly rates and consistent occupancy.
Flexible Zoning: Commercial zoning allows for a variety of development options, including hospitality, mixed-use, or high-end residential projects.
Walkable Lifestyle: Steps from 8th Avenue’s boutique shops, local dining, and the historic Merry Pier — a sought-after destination for visitors and residents alike.
Limited Supply: Rare opportunity to develop in one of Florida’s most prestigious coastal neighborhoods with significant upside for investors.
Easy Access: Located just a short drive to Downtown St. Petersburg and Tampa International Airport, providing convenient connectivity for domestic and international travelers.
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