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Wade M. Berlin

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18218 Sunset Boulevard B
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PRICED AT ONLY: $4,800,000

Address: 18218 Sunset Boulevard B, ST PETERSBURG, FL 33708

Description

HUGE price improvement: A rare opportunity has arrived in Redington Shores: Tear down or rehab a direct Gulf front property offering unparalleled potential for both luxury living and lucrative investment. For the first time in over 30 years, this prime piece of real estate is available to the market. Currently zoned as a condo, the property has been cherished as a family vacation retreat, with two spacious units totaling 2,750 sq. ft. of living spaceeach featuring 3 bedrooms and 2 bathrooms. The existing structure boasts a large parking pad, two one car garages, and under building storage, adding functionality to its enviable beachfront location. There is over 50 feet of Gulf frontage and a Sea Wall Already in place and the City provides a Beach scraper to keep the beach front view clean and free of debris. Another rare advantage: this property does not back up to Gulf Boulevard, providing a quieter, more private atmosphere with Constitution Park buffering the rear of the property, which has a dog walk, playground and town sponsored cookouts and events for residents. Just steps away, youll find the beach trolley, bus stops, local favorites like Candy Kitchen, Coco Wood Grill, Friendly Tavern, and Broke N Board, plus easy access to restaurants, coffee shops, and the famous Beach Pizza. The lot itself, just under a quarter acre (see attached survey), offers impressive development potential. The City of Redington Shores allows underground parking/storage and up to two floors of buildable space, with the potential for a third floor with variance approval. The possibilities are endless: design a spectacular 2,500+ sq. ft. Gulf front penthouse for your own use while generating income from luxury rental units below, or create a boutique Gulf front development perfectly tailored for todays high end buyers and investors. Possibly two smaller buildings with a variance? All this, while being only 30 minutes to Tampahome of the Buccaneers, Tampa Bay Lightning, the Rays, fine dining, international shopping, Broadway caliber theater, and an international airport. Just minutes away, St. Pete offers a vibrant nightlife and its iconic new pier, while Clearwater Beach adds yet another world class destination to the mix.
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  • MLS#: TB8414300 ( Land )
  • Street Address: 18218 Sunset Boulevard B
  • Viewed: 165
  • Price: $4,800,000
  • Price sqft: $0
  • Waterfront: Yes
  • Wateraccess: Yes
  • Waterfront Type: Gulf/Ocean
  • Year Built: Not Available
  • Bldg sqft: 0
  • Days On Market: 75
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 0.00
  • Other Structures: Other
Land Information
  • Lot Features: CoastalConstruction Control Line, Near Marina, Near Public Transit, Paved
School Information
  • High School: Seminole High-PN
  • Middle School: Seminole Middle-PN
  • School Elementary: Bauder Elementary-PN
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: BB/HS Internet Available, Cable Available, Phone Available, Sewer Available, Sewer Connected, Water Available
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: SUNSET VILLA CONDO UNIT A, SUNSET VILLA CONDO UNIT B
  • Area Major: 33708 - St Pete/Madeira Bch/N Redington Bch/Shores
  • Parcel Number: 31-30-15-88291-000-0010
  • Possession: Close Of Escrow
  • View: Water
  • Views: 165
  • Zoning Code: RES
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Contact Info

  1. The Real Estate Professional You Deserve
  2. Mobile: 904.248.9848
  3. phoenixwade@gmail.com
Wade M. Berlin