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About This Home
This 1-bedroom, 1-bathroom single family at 702 PASS A GRILLE WAY in Saint Pete Beach, FL is listed for $3,999,000 ($6,210 per sqft). Built in 1925, the home offers 644 sqft of living space on a 0.35 acres lot.
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.
Key Features
- Built in 1925
- 0.35 acre lot
- Waterfront
Property Details
Amenities
Monthly Cost Estimate
$21,387/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
702 PASS A GRILLE WAY
Saint Pete Beach, FL 33706
MOREY BEACH
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 1-bedroom, 1-bathroom single family at 702 PASS A GRILLE WAY is listed at $3,999,000 ($6,210/sqft). The estimated monthly payment is $17,329 based on 20% down at 6.5% interest.
Key features include: Built in 1925, 0.35 acre lot, Waterfront. Interior Features: Solid Surface Counters. Exterior Features: Paved, Fencing, Sidewalk.
This property is listed by David Cook, III and can be reached at 7274015324 or David.Cook@SERHANT.com.
