Listing Details for MLS # TB8334142
6407 1st Palm Point, St Pete Beach, Fl 33706

Residential Property - Single Family Residence in St Pete Beach

Listing Price: $624,500Days on Market: 5

Description of Property

Discover an exceptional opportunity in the highly sought-after Three Palms Point neighborhood of St. Pete Beach! This property, located on a spacious corner lot, is ready for your vision—whether it's a stunning renovation or an entirely new build. For the first time ever, this home experienced flooding during Hurricane Helene. However, it has been professionally remediated and is now a blank canvas awaiting transformation. Just steps from the powdery white sands of St. Pete Beach and the vibrant energy of Gulf Blvd, the location offers the ultimate in coastal living. Enjoy water views from your backyard and immerse yourself in the beach lifestyle! The existing home boasts a desirable floorplan that feels both open and cozy. Significant upgrades were completed just prior to Helene, including a new roof, a wind-rated $18,000 front door with sidelights, a wind-rated metal rear door, refinished terrazzo floors, a new electrical panel with arc breakers, and new ceiling fans. Post-storm, a new refrigerator and washer and dryer were also added. For those considering redevelopment, the lot offers the potential to build a spacious new home with elevated living spaces that take full advantage of the water views—all at a fraction of the cost of similar properties. This is a rare chance to secure a prime piece of real estate in one of St. Pete Beach's premier neighborhoods. Don't let this opportunity slip away!The average asking price for a 4 bedroom/2 bath single family residence in this Zip code is $1,242,775. This single family residence is listed at about 50% of the average asking price. There are 2 4 bedroom/2 bath homes between $450,000 and $750,000 currently listed for sale in this Zip code. See other listings like this one »