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Sold for $965,000
  • $965,000

    550 59TH AVENUE, ST PETE BEACH, FL 33706

    4beds
    2,773sqft
    Single Family Residence
    Built in 1974
    8,507 Square Feet Lot
    $1,087,400 Zestimate®
    $348/sqft
    $7,052 Estimated rent

    Home value

    $1,087,400

    $913,000 - $1.30M

    $7,052/mo

    Zestimate® history
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    What's special

    Discover an extraordinary opportunity to create your dream home on St. Pete Beach’s coveted waterfront. This prime property offers a blank canvas, perfect for developers, investors, or anyone seeking to build a custom retreat in one of Florida’s most desirable locations. Currently, a 3,300 sq ft two-story home with a pool sits on the lot, but the true value lies in the location and potential for redevelopment. Due to flooding from Hurricane Helene and FEMA’s 50% rule, the existing structure is designated for new construction, opening the door for a fresh start with a design that capitalizes on the stunning views and idyllic surroundings. Imagine creating a luxurious coastal sanctuary with water views, premium finishes, and every amenity for an unmatched Florida lifestyle. This property previously featured a unique, pie-shaped 25-foot dock, which sustained damage but has the potential to be rebuilt, offering easy access to boating, fishing, kayaking, and paddleboarding. Located just minutes from St. Pete Beach’s sandy shores, upscale dining, boutique shopping, and vibrant cultural scene, this lot provides boating access to the Intracoastal Waterway, Tampa Bay, and the Gulf of Mexico, making it an ideal site for those who want to embrace waterfront living. With the freedom to build a home perfectly suited to your vision, this property represents a rare chance to invest in a lifestyle where every day feels like a vacation. Being sold as-is; current structure unsuitable for rehabilitation. Take the first step toward crafting your paradise by scheduling a viewing today - this waterfront gem awaits your inspiration!

    Zillow last checked:

    Listing updated:

    Listed by:

    Jessica Cruse, LLC 727-459-8520,

    EXP REALTY LLC 888-883-8509

    Bought with:

    Ian Walters, 3213970

    EXP REALTY LLC

    Source: Stellar MLS,MLS#: A4628711MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Primary bedroom
    • Features: Walk-In Closet(s)
    • Level: First
    • Area: 224 Square Feet
    • Dimensions: 14x16
    Kitchen
    • Level: First
    • Area: 48 Square Feet
    • Dimensions: 6x8
    Living room
    • Level: First
    • Area: 120 Square Feet
    • Dimensions: 10x12
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Other
    • Laundry: In Garage
    Features
    • Other
    • Flooring: Carpet, Tile
    • Has fireplace: Yes
    Interior area
    • Total structure area: 3,311
    • Total interior livable area: 2,773 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    • Attached garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Exterior features: Other, Private Mailbox
    • Has private pool: Yes
    • Pool features: In Ground
    • Has view: Yes
    • View description: Bay/Harbor - Partial, Canal
    • Has water view: Yes
    • Water view: Bay/Harbor - Partial,Canal
    • Waterfront features: Bay/Harbor, Canal - Saltwater, Bay/Harbor Access, Saltwater Canal Access
    • Body of water: BOCA CEIGA BAY
    Lot
    • Size: 8,507 Square Feet
    • Dimensions: 65 x 106
    Details
    • Parcel number: 313116023580000290
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Stucco
    • Foundation: Slab
    • Roof: Tile
    Condition
    • New construction: No
    • Year built: 1974

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available

    Community & HOA

    Community
    • Pet fee: $0 monthly
    • Subdivision: BAHIA SHORES 2ND ADD
    HOA
    • Has HOA: No
    Location
    • Region: Saint Pete Beach

    Financial & listing details

    • Price per square foot: $348/sqft
    • Tax assessed value: $1,063,382
    • Annual tax amount: $5,185
    • Date on market: 11/14/2024
    • Cumulative days on market: 62 days
    • Listing terms: Cash
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Asphalt, Paved

    Price history

    DateEventPrice
    8/14/2025Sold$965,000+43%$348/sqft
    Source: Public Record Report a problem
    5/23/2025Sold$675,000$243/sqft
    Source: Public Record Report a problem
    2/21/2025Sold$675,000-10%$243/sqft
    Source: Stellar MLS #A4628711 Report a problem
    1/23/2025Pending sale$750,000$270/sqft
    Source: Stellar MLS #A4628711 Report a problem
    1/9/2025Price change$750,000-11.8%$270/sqft
    Source: Stellar MLS #A4628711 Report a problem
    11/14/2024Listed for sale$850,000$307/sqft
    Source: Stellar MLS #A4628711 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$5,254 +1.3%$374,366 +3%
    2023$5,185 +0.8%$363,462 +3%
    2022$5,143 -1.8%$352,876 +3%
    2021$5,239 +0.2%$342,598 +1.4%
    2020$5,229 +1.5%$337,868 +2.3%
    2019$5,151 $330,272 +1.9%
    2018$5,151 +2.2%$324,114 +2.1%
    2017$5,039 +0.8%$317,448 +2.1%
    2016$4,998 -1.4%$310,919 +0.7%
    2015$5,070 +1%$308,758 +0.8%
    2014$5,020 +1.9%$306,308 +1.5%
    2013$4,927 -0.7%$301,781 +1.7%
    2012$4,962 $296,736 +3%
    2011-- $288,093 +1.5%
    2010-- $283,835 +2.7%
    2009-- $276,373 +0.1%
    2008$4,153 $276,097 +3%
    2007-- $268,055 -46.8%
    2005-- $503,500 +14.7%
    2004$4,326 +1.4%$439,000 +6.7%
    2003$4,264 +3.6%$411,600 +21.1%
    2002$4,118 $339,900 +14.6%
    2001$4,118 +3.8%$296,500 +27.4%
    2000$3,965 $232,700
    Find assessor info on the county website

    Neighborhood: 33706

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,087,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,087,400