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7210 Gulf Blvd 0.56 Acres of Commercial Land Offered at $2,975,000 in St Pete Beach, FL 33706
Investment Highlights
- .56 acres of land in the heart of ST. Pete beach -3 blocks to the beach
- Prime development opportunity to create multiple income streams
- Ability to increase density beyond typical zoning limits
- 10 unit apartment vacant building on a portion of the land, would be "grandfathered in" if renovated
Executive Summary
This property represents a truly rare offering on Gulf Blvd , where it is almost impossible to find parcels of this size—approximately 0.56 acres,covering an entire block along this highly sought-after corridor. Property currently has an vacant 10 unit apartment building on a portion of the land, which if renovated would be "grandfathered in" at the 10 units or tear down and develop with the rest of the land.
In addition, this property offers a unique and highly valuable advantage rarely found on St. Pete Beach—providing developers with a distinct path to maximize returns, which is difficult to replicate in this market.
The property is located within a designated redevelopment Corridor along Gulf Blvd, one of the few streets in St. Pete Beach that permits increased residential density when combined with ground-floor commercial use.
This large .56 acre parcel offers a unique chance to maximize value through vertical development, with zoning that allows up to 40 feet in height (measured from base flood elevation) — a major advantage in a supply-constrained market.
Ideal for a high-income producing mixed-use project:
• Ground floor: Retail storefronts, restaurant, bars, office, or personal services
• Upper floors: Apartments, condos, or boutique hotel
You’re not just buying land, you’re acquiring the opportunity for additional density, flexibility, and income potential in a supply-constrained coastal market!
In addition, this property offers a unique and highly valuable advantage rarely found on St. Pete Beach—providing developers with a distinct path to maximize returns, which is difficult to replicate in this market.
The property is located within a designated redevelopment Corridor along Gulf Blvd, one of the few streets in St. Pete Beach that permits increased residential density when combined with ground-floor commercial use.
This large .56 acre parcel offers a unique chance to maximize value through vertical development, with zoning that allows up to 40 feet in height (measured from base flood elevation) — a major advantage in a supply-constrained market.
Ideal for a high-income producing mixed-use project:
• Ground floor: Retail storefronts, restaurant, bars, office, or personal services
• Upper floors: Apartments, condos, or boutique hotel
You’re not just buying land, you’re acquiring the opportunity for additional density, flexibility, and income potential in a supply-constrained coastal market!
Property Facts
1 Lot Available
Lot
| Price | $2,975,000 | Lot Size | 0.56 AC |
| Price Per AC | $5,312,500.00 |
| Price | $2,975,000 |
| Price Per AC | $5,312,500.00 |
| Lot Size | 0.56 AC |
Rare Development Opportunity – St. Pete Beach The.56 acre property has an existing, vacant 10 bed, 10 bath apartment on 1/8 of the land with the remaining 7/8 of the land vacant.
Description
Rare opportunity located on one of the few streets in St. Pete Beach that allows enhanced redevelopment density—with the opportunity for more than 12 residential units per acre, when paired with ground-floor commercial. This creates a unique mixed-use development opportunity not available on most surrounding properties.
Fairly walkable
40/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 36-31-15-59152-000-0010 | Improvements Assessment | $267,501 |
| Land Assessment | $1,472,499 | Total Assessment | $1,740,000 |
Property Taxes
Parcel Number
36-31-15-59152-000-0010
Land Assessment
$1,472,499
Improvements Assessment
$267,501
Total Assessment
$1,740,000
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