Homes for sale - 6351 4TH PALM PT, St Pete Beach, FL 33706

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Josh Cotton

josh@welcomehome904.com +1(904) 982-8461

$ 1,250,000

Est. payment | -/mo

3 Beds

2 Baths

2,534 SqFt

Save

$ 1,250,000

Est. payment | -/mo

Save

3 Beds

2 Baths

2,534 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,534 sqft

Price per Sqft $493

Subdivision Three Palms Point

MLS Listing ID TB8319067

Bedrooms 3

Full Baths 2

HOA Y/N No

Originating Board Stellar MLS

Year Built 1971

Annual Tax Amount $5,829

Lot Size 9,583 Sqft

Acres 0.22

Lot Dimensions 80x120

Property Sub-Type Single Family Residence

Property Description

Back on the market because the buyer changed his mind. The substantial damage determination letter just came in and the GOOD NEWS IS that the property was deemed only 39.1% damaged so a rebuild may be a possibility however the seller/ broker does not make any warranty. The FEMA letter states they will allow improvements not to exceed a value will allow up to $178,000 +/-. The home is priced at lot value and now is your opportunity to craft your dream residence or make a strategic investment on the esteemed 4th Palm Point in St. Pete Beach! This exceptional 80-foot waterfront lot, priced significantly below FEMA's lot valuation of $1,859,788 (PCPAO), presents breathtaking open water views of Boca Ciega, ideal for those seeking the pinnacle of waterfront living.
Envision the endless possibilities: developers can realize a luxurious masterpiece, while investors can unlock the vast potential this prime lot offers. Currently, a 2,500-square-foot single-story block home occupies the property. Please be aware that the home sustained damage from Hurricane Helene, and FEMA's 50% rules restrict rehabilitation options. The seller makes no assurances regarding the home's condition, leaving the decision to renovate or redevelop entirely in your hands and selling the property below market lot value. Situated in one of Florida's most sought-after beach communities, this prime location is ready for your vision! Don't let this rare chance slip away to influence the future of St. Pete Beach. Embrace the potential, act swiftly, and leave your legacy on the Gulf Coast's premier waterfront enclave!

Location

State FL

County Pinellas

Community Three Palms Point

Area 33706 - Pass A Grille Bch/St Pete Bch/Treasure Isl

Rooms

Other Rooms Attic, Family Room

Interior

Interior Features Open Floorplan

Heating None

Cooling None

Flooring Other, Terrazzo

Fireplaces Type Family Room, Wood Burning

Fireplace true

Appliance None

Laundry Other

Exterior

Exterior Feature Other

Garage Spaces 2.0

Community Features Street Lights

Utilities Available Cable Connected, Electricity Connected, Phone Available, Public, Sewer Connected, Water Connected

Waterfront Description Canal - Saltwater,Gulf/Ocean to Bay,Intracoastal Waterway

View Y/N Yes

Water Access Yes

Water Access Desc Canal - Saltwater,Gulf/Ocean to Bay,Intracoastal Waterway

View Water

Roof Type Shingle

Porch Deck, Patio, Porch

Attached Garage true

Garage true

Private Pool No

Building

Lot Description Flood Insurance Required, FloodZone, City Limits, Paved

Story 1

Entry Level One

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Block,Stucco

New Construction false

Others

Pets Allowed Yes

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition None

Listed by COMPASS FLORIDA LLC

"People Before Property"

Assisting buyers and sellers in achieving their goals is literally what I love to do!

+1(904) 982-8461

josh@welcomehome904.com

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6351 4TH PALM PT St Pete Beach, FL 33706