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$499,000
4
beds
2
baths
2,052
sqft
2
cars
For Details, Contact
Sea Glass Florida Properties

Description

RAISE THE ROOF ON THIS HOME'S SCORCHED POTENTIAL: A RARE LAKEFRONT POOL HOME OFFERS UNPARALLELED INVESTMENT VISION In the heart of the prestigious Riviera Bay (built post firm and high/dry w/ no hurricane flooding), a remarkable investment opportunity emerges — a fire-damaged property poised to become a developer's dream. Priced strategically for a great ROI, this 0.24-acre lakefront lot represents more than just real estate; it's a blank canvas for transformation. Nestled in one of St. Petersburg's most coveted locations, the property boasts intact structural, exterior and interior walls, preserved windows and doors (sliders in tact, with entry doors not intact fully), an oversized two-car garage, and a pristine (once cleaned) in-ground pool,w/ pool cage while overlooking serene waterfront views and sunsets to die for. Priced at land value but you have a great structure to work with to create a new masterpiece. The current condition presents a unique proposition for investors and developers with renovation expertise. The property's open ceiling provides an unprecedented opportunity to meticulously assess and redesign the roof structure, offering complete transparency for comprehensive structural reimagining and possibilities to add a 2nd story to improve total ROI (consult city of St. Pete for conforming to improvements). While requiring investment and vision, the property's potential is extraordinary. With over 2,000 square feet of living space and a location minutes from downtown St. Pete and to South Tampa, this property is not just a purchase, but a strategic investment in a gold- star neighborhood. Schedule a showing today for full details on estimated renovation costs and more detailed analysis of what could be for your next flip.


Listed by Leisa Mohler-Erickson, .

Property Highlights

  • Waterfront: Lake Privileges, Lake
  • Pool
  • Patio/Deck: Covered, Enclosed, Front Porch, Rear Porch, Screened
  • Association Fee: $200
  • View: Lake, Water
  • Property Type: Single Family, Single Family Residence
  • Style: Florida
  • MLS #: TB8327916

General Information

Area 33702 - St Pete
Elementary School Shore Acres Elementary-PN
Garage Yes
High School Northeast High-PN
HOA Fee $200
Middle School Meadowlawn Middle-PN
Property Condition Fixer
Property Subtype Residential
Property Type Single Family Residence
Style Florida
Subdivision Riviera Bay
Taxes $3,663
Utilities Electricity Connected, Sewer Connected

Room Information

Flooring Concrete
Full Baths 2
Garage Yes
Garage Spaces 2
Laundry Inside, Laundry Room
Total Baths 2
Total Beds 4

Property Features

Construction Materials Block, Stucco
Direction Faces North
Fencing Vinyl
Has View Yes
Interior Square Footage 2,052
Lot Size Acres 0.24
Lot Size Square Feet 10,271
Patio Features Covered, Enclosed, Front Porch, Rear Porch, Screened
Roof Shingle
Rooms 6
Sewer Public Sewer
Stories One
Water Source Private
Waterfront Yes
Windows Low Emissivity Windows
$499,000
4
beds
2
baths
2,052
sqft
2
cars
For Details, Contact
Sea Glass Florida Properties
St. Petersburg, FL
St. Petersburg Area
Price Range
$60K-$10M
St. Petersburg, Florida Welcome to St. Petersburg, Florida, also known as "The Sunshine City" for its year-round sunshine and beautiful coastal location. Situated on the shores of Tampa Bay, St. Petersburg offers residents a vibrant urban lifestyle...
Location
600 Tallahassee Drive Ne, St Petersburg, FL 33702 Driving Directions
Similar Listings
St. Petersburg Area
Nearby Schools
Listed by Leisa Mohler-erickson, Engel & Volkers St. Pete.
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