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!