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33186621
33186620

808 PASS A GRILLE WAY, SAINT PETE BEACH, FL 33706

EP
3370730
Engel & Völkers Madeira Beach
Listed by Engel & Völkers Madeira Beach
$4,249,000
44 days on market
Updated 4 days ago

Rare Commercial/Mixed Use Waterfront Lot in Pass-a-Grille

Details
APN 193216589320050010
Property Type Retail, Hospitality (+1)
Sub Type Restaurant, Storefront (+1)
Square Footage 2,316
Units 1
Tenancy Vacant
Year Built 1908
Stories 2
Lot Size (SqFt) 7,593
Zoning CRD/EA
Investment Type Redevelopment
Ground Lease No
Sale Condition N/A

Zoned Community Redevelopment District - Corner Lot

Marketing description

A truly rare offering in the heart of historic Pass-a-Grille—where Old Florida charm, coastal beauty, and timeless character come together in a way that feels increasingly rare.

Set on a prominent corner along Pass-a-Grille Way, this special property has long been part of the fabric of the community—now ready for its next chapter. With panoramic Intracoastal water views just across the street and the Gulf of Mexico only one block away, the setting invites a lifestyle defined by morning walks along the shoreline, quiet moments on waterfront benches, and unforgettable sunsets over the water.

Perfectly positioned in the heart of the action, the property sits just across 9th Avenue from Pass-a-Grille Park and steps from the beloved Seahorse Restaurant. Just around the corner, Hurricane Seafood Restaurant and locally famed bars add to the vibrant yet relaxed coastal energy—creating a natural gathering place for both locals and visitors. Along the charming 8th Avenue corridor, boutique shops and dining complete the experience, reminiscent of the effortless appeal found in places like Boca Grande.

Zoned CRD/EA (Community Redevelopment District), the property offers exceptional flexibility for a variety of visions. With a 35’ height allowance and a Floor Area Ratio (FAR) of 1.0—expandable to 1.5 for mixed-use—this site presents a unique opportunity for a thoughtful investor or developer to create something meaningful that complements the character of the area. The large, prominent corner lot, with approximate dimensions of 90’ x 84’, offers a more expansive footprint than typically found in Pass-a-Grille, enhancing both design flexibility and overall presence.

Whether reimagined as a boutique commercial concept, mixed-use development, or a legacy coastal investment, this is more than just a property—it’s a chance to become part of Pass-a-Grille’s story.

Investment highlights

  • Prime Location: Situated in the heart of historic Pass-a-Grille—a highly desirable, supply-constrained coastal market
  • Dual Water Access: Intracoastal Waterway views directly across the street and the Gulf of Mexico just one block away
  • Prominent Corner Lot: High-visibility frontage on Pass-a-Grille Way offering strong branding and commercial presence
  • Larger-Than-Typical Parcel: Approx. 90’ x 84’ lot provides greater design flexibility and development scale than most nearby properties
  • Flexible Zoning (CRD/EA): Supports a variety of uses including boutique commercial, mixed-use, and hospitality concepts
  • Development Potential: 35’ height allowance enables water views; FAR of 1.0 (up to 1.5 with mixed-use) allows for meaningful density
  • Redevelopment District Benefits: Located within a Community Redevelopment District—potential alignment with city support and incentives
  • Strong Demand Drivers: Proximity to popular destinations like Seahorse Restaurant and Hurricane Seafood Restaurant, plus the vibrant 8th Avenue corridor
  • Tourism & Affluent Traffic: Consistent visitor flow and high-end coastal demographics support commercial viability
  • Scarcity Value: Rare opportunity in a built-out market with limited redevelopment sites—especially with this size, zoning, and location
  • Long-Term Appreciation: Positioned in a legacy coastal enclave with strong historical value retention and upside
  • Multiple Exit Strategies: Suitable for development, income-producing hold, boutique hospitality concept, or long-term land banking
  • Walkable Lifestyle: Steps to beach access, parks, dining, and boutique retail—enhancing long-term desirability and usability

Listing Contacts

EP
3370730
Engel & Völkers Madeira Beach
Listed by Engel & Völkers Madeira Beach

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