$1,200,000
$500K PRICE DROP

503, 509, Cottage, L 69th Ave Saint Pete Beach, FL 33706

Estimated payment $6,920/month

Total Views 31,870
4 Beds
5 Baths
2,094 Sq Ft
$573 Price per Sq Ft

Highlights

  • Beach Access
  • Deck
  • Corner Lot
  • Boca Ciega High School Rated A-
  • Property is near public transit
  • No HOA

About This Home

This is a Prime Redevelopment Opportunity – St. Pete Beach!

This 3-lot portfolio, spanning both CC-2 Commercial Corridor and UBV Urban Beach Village zoning, offers a rare opportunity to build short-term rentable townhomes or a boutique lodging concept in one of Florida’s top-performing beach rental markets. With flexible zoning that allows vacation rentals, townhomes, or mixed-use, and current use as income-producing duplexes, this is a turn-key redevelopment site with high ROI potential.

One of the lowest price per sq. ft. (not including vacant lot). This is your chance to seize an incredible deal on a 3-property investment package featuring 5 rental units and 1 vacant lot in a prime location! This is the perfect opportunity to expand your portfolio, maximize cash flow, or develop new possibilities. Best of all...The Owner is willing to offer SELLER FINANCING!

**Good-income potential
**Established rental units
**Desirable location
**Unmatched value after this price cut!

Deals like this don’t last long—act now before it’s gone!

3-Property (over 15,000 sq. ft land) Portfolio with 5 Rental Units and Large Additional Vacant Lot in St. Pete Beach (509 69th Ave, 503 69th Ave and Vacant Lot 69th Ave)

Discover an unparalleled investment opportunity in the heart of the highly coveted St. Pete Beach area, ranked as having the #1 beaches in America! This rare offering includes three properties that can be purchased together or separately, providing incredible potential for income generation, redevelopment, or creating your dream home in paradise.

This unique purchase includes:
- Two duplex units, each offering cozy, well-maintained spaces perfect for short- or long-term rentals.
- A charming cottage, brimming with character and rental appeal.
- A vacant lot, ready for expansion opportunities. Build additional units, a luxurious residential home, or create your own tropical oasis.

Located just a short stroll or bike ride from the sugar-white sands and turquoise waters of St. Pete Beach, these properties are ideally situated near vibrant shopping, dining, and nightlife. Enjoy easy access to local favorites, from beachfront bars and award-winning restaurants to boutique shops and lively entertainment venues. The area’s laid-back atmosphere and picturesque beauty make it a favorite for vacationers and locals alike.

Now is the best time to purchase, as these properties are quickly rising in value in this top-ranked beach destination. Whether you’re an investor looking for immediate rental income, a developer seeking the perfect build opportunity, or a homeowner ready to embrace coastal living, this portfolio delivers unmatched flexibility and potential.

Don’t miss the chance to own a piece of paradise in one of Florida’s most desirable locations! Contact us today to schedule a private showing and explore the endless possibilities.

Listing Agent

Valerie McClary

EXP REALTY Brokerage Phone: 727-592-2286 License #3106058 Listed on: 01/11/2025

EXP REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,400

Year Built

  • Built in 1941

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 150x100
  • Corner Lot

Home Design

  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 2,094 Sq Ft Home
  • Blinds
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Beach Access
  • Water access To Gulf or Ocean
  • Deck
  • Patio
  • Porch

Location

  • Property is near public transit

Utilities

  • Ductless Heating Or Cooling System
  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2,094 Sq Ft Building
  • St Petersburg Beach 1St Add Subdivision

Recreation

  • Community Pool

Building Details

  • Gross Income $40,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,400

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Construction Materials: Block, Frame
  • Fireplace: No
  • Living Area: 2094
  • Lot Size Acres: 0.33
  • New Construction: No
  • Year Built: 1941
  • Building Area Total: 2094
  • Lot Size Sq Ft: 15000
  • Directions to Property: Gulf Blvd to 69th Ave (Twistee Treat) down street.
  • Status: Active
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow City: Indian Shores
  • Escrow Postal Code: 33785
  • Escrow State: FL
  • Escrow Street Name: Gulf Blvd. Ste C
  • Escrow Street Number: 19535
  • List Office Head Office Key Nume: 1041803
  • Minimum Lease: 1-7 Days
  • RATIO Current Price By Calculate: 573.07
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 1
  • Attribution Contact: 727-592-2286
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet
  • Interior Amenities: Other
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Window Features: Blinds
  • Street Number Modifier: 503, 509, Cottage, Land
  • Living Area Meters: 194.54

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Deck, Patio, Porch
  • Road Surface Type: Asphalt
  • Water Access: Beach,Gulf/Ocean
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2003-09-03
  • Flood Zone Panel: 12103C0276G

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: None

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Public
  • Cooling: Wall/Window Unit(s)
  • Heating: Electric, Ductless
  • Laundry Features: None
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool, Street Lights
  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Fee Requirement: None

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: CC2
  • Parcel Number: 36-31-15-78336-002-0110
  • Additional Parcels: No
  • Lot Features: Corner Lot, City Limits, Near Public Transit
  • Lot Dimensions: 150x100
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 1394

Rental Info

  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: 2 lots zoned CC-2 (Commercial) and 1 lot UBV (Urban Beach Village) buyers and agents to verify with city.
  • Terms Of Lease: Other

Multi Family

  • Gross Income: 40800
  • Number Of Units Total: 5
  • Approval Process: none
  • Total Num Buildings: 1
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 6400
  • Tax Block: 2
  • Tax Book Number: 20-11
  • Tax Lot: 11

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2025 08/23/25 For Sale $1,200,000 0.0% $573 / Sq Ft
08/06/2025 08/06/25 Pending -- -- --
08/06/2025 08/06/25 Price Changed $1,200,000 -7.7% $573 / Sq Ft
07/16/2025 07/16/25 Price Changed $1,300,000 0.0% $621 / Sq Ft
07/16/2025 07/16/25 For Sale $1,300,000 +8.3% $621 / Sq Ft
05/31/2025 05/31/25 Off Market $1,200,000 -- --
03/20/2025 03/20/25 For Sale $1,200,000 0.0% $573 / Sq Ft
03/05/2025 03/05/25 Pending -- -- --
02/22/2025 02/22/25 Price Changed $1,200,000 -29.4% $573 / Sq Ft
01/11/2025 01/11/25 For Sale $1,700,000 -- $812 / Sq Ft
Source: Stellar MLS

About the Listing Agent

Valerie McClary

EXP REALTY

(833) 386-4609

Section Image

With nearly two decades of professional real estate expertise, Valerie specializes in the Tampa Gulf coast region of Florida. Her focus is on transparent communication and aiding clients in achieving their real estate objectives. Val excels at steering clients towards optimal choices for their home acquisitions, spanning location and value considerations. She is adept at serving a diverse clientele, including first-time homebuyers, luxury purchasers, resales, and investors. Val's extensive

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Source: Stellar MLS

MLS Number: TB8337608

Stellar MLS