100Units.com presents This water facing 75 unit Multifamily or Hospitality development site at 11711 Gandy Boulevard North offering a rare opportunity for commercial, hospitality or multifamily development. 5.13 acres (1.15 acres usable) on 3 adjected parcels is situated facing Old Tampa Bay on a highly visible corner site in St. Petersburg’s Gateway submarket, the property benefits from direct frontage along a major thoroughfare, ensuring prominent exposure and accessible ingress/egress points. The parcel allows for flexible site planning tailored to diverse programmatic needs, while nearby infrastructure supports immediate build-ready conditions. Investors will appreciate the strategic positioning within a well-connected corridor, offering both proximity to employment centers and the potential to deliver a memorable, branded development. Offered at $500,000 discount to appraised value. Located directly across the street from Amara Bay: $120M development including: 415 luxury apartments, 53 townhomes, 150 Slip Marina and 37,800 SF public marina building, 8,000 SF waterfront restaurant and 3,000+ feet of walkable waterfront.