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7308 Sunset Way
Saint Pete Beach, FL 33706
Premier Waterfront Parcel with CG-2 Zoning · Land For Sale · 0.50 AC

Investment Highlights

  • Ultra-Rare Waterfront Redevelopment Opportunity
  • Potential Transfer of Woody’s Waterfront Tradename & Liquor License
  • Proven Market Demand with Tremendous Historical Operational Profitability
  • Flexible CG-2 Zoning with Expansive, Unmatched Water Views
  • Historic Redevelopment Potential with Infrastructure & Utilities in Place
  • Flexible Terms Considered and Brokers Protected.

Property Facts

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Restaurant
Total Lot Size 0.50 AC
Zoning CG-2 - CG-2 COMMERCIAL DISTRICT

Description

Positioned in the heart of one of Florida’s most iconic beach communities, 7308 Sunset Way presents a rare and compelling opportunity to acquire a legacy waterfront site in St. Pete Beach. Spanning approximately 0.5 acres across three tax parcels, this property offers unmatched development potential with direct water frontage and sweeping views. Formerly home to the beloved Woody’s Waterfront Café, the site carries deep local significance and may qualify for historic designation—opening the door to preservation grants and tax incentives. Zoned CG-2 (Commercial General), the property supports a wide range of commercial uses including restaurants, retail, professional offices, entertainment venues, and lodging. Its flexible zoning, combined with the availability of a 4COP liquor license and the Woody’s trade name, makes it especially attractive for restaurateurs and hospitality developers seeking a turnkey branding advantage. The site’s location is second to none. Just steps from the Gulf of Mexico and surrounded by a vibrant mix of residential, retail, and tourist activity, it benefits from year-round foot traffic and a built-in customer base. With proximity to major thoroughfares like Gulf Blvd and Pasadena Ave (27,000 VPD), and within a 45-minute drive to Tampa, the property is ideally situated for both local and regional access. Whether restoring a cherished landmark or launching a bold new concept, this is a once-in-a-generation chance to shape the future of St. Pete Beach’s waterfront. Contact Compass for a private tour and development consultation.

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 36-31-15-00000-310-0500
  • 36-31-15-00000-310-0400
  • 36-31-15-00000-310-0600
Land Assessment
$1,621,889
Improvements Assessment
$18,111
Total Assessment
$1,640,000
  • Listing ID: 37183221

  • Date on Market: 8/8/2025

  • Last Updated:

  • Address: 7308 Sunset Way, Saint Pete Beach, FL 33706

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