Address: 4718 Paradise Way S, ST PETERSBURG, FL 33705
Description
Short Sale. Short Sale. A rare chance to own and complete a one of a kind waterfront estatethis striking new construction home stands as the tallest single family residential structure in St. Petersburg, offering unobstructed 360 degree views of the bay, city skyline, and beyond. Please note: the home is currently a shell and not yet finished. Interior build out is required, offering a blank canvas to bring your vision to life. Appraised As Is at $3.8M (appraisal in hand), with a completed value exceeding $7M, this property presents tremendous upside for builders, investors, or end users seeking to customize a luxury waterfront masterpiece. Constructed with ICF (Insulated Concrete Form) for superior strength and energy efficiency, the structure withstood two recent hurricanes without any water intrusion. Located on a deep canal with immediate open water access, the property features a concrete seawall and dock that can accommodate up to an 80 foot yacht. Just 10 minutes from Downtown St. Pete and minutes from Gulf beaches, this property offers elite boating access, breathtaking views, and the chance to create something truly iconic. Short salesubject to bank approval.
Short Sale. Short Sale. A rare chance to own and complete a one of a kind waterfront estatethis striking new construction home stands as the tallest single family residential structure in St. Petersburg, offering unobstructed 360 degree views of the bay, city skyline, and beyond. Please note: the home is currently a shell and not yet finished. Interior build out is required, offering a blank canvas to bring your vision to life. Appraised As Is at $3.8M (appraisal in hand), with a completed value exceeding $7M, this property presents tremendous upside for builders, investors, or end users seeking to customize a luxury waterfront masterpiece. Constructed with ICF (Insulated Concrete Form) for superior strength and energy efficiency, the structure withstood two recent hurricanes without any water intrusion. Located on a deep canal with immediate open water access, the property features a concrete seawall and dock that can accommodate up to an 80 foot yacht. Just 10 minutes from Downtown St. Pete and minutes from Gulf beaches, this property offers elite boating access, breathtaking views, and the chance to create something truly iconic. Short salesubject to bank approval.
Features
Building and Construction
Covered Spaces: 0.00
Living Area: 0.00
Garage and Parking
Garage Spaces: 0.00
Open Parking Spaces: 0.00
Eco-Communities
Water Source: Public
Utilities
Carport Spaces: 0.00
Sewer: Public Sewer
Utilities: Other
Finance and Tax Information
Home Owners Association Fee: 0.00
Insurance Expense: 0.00
Net Operating Income: 0.00
Other Expense: 0.00
Tax Year: 2024
Other Features
Country: US
Current Use: Residential
Legal Description: BAYOU BONITA PARK BLK 12, LOT 3
Magnificent Oversized Waterfront Double Lot in Historic Driftwood
Build your dream home and private dock on this rare, oversized double lot with 200 feet of waterfront nestled in the heart of the cov
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