504 79th AvenueSt Pete Beach, FL, 33706

Incredible Investment Opportunity – Steps from the Beach!

Located just moments from the shoreline, this 3-bedroom, 2-bath St. Pete Beach home offers a rare combination of location, value, and renovation potential. Already officially assessed as NON-substantially damaged (letter available), the property qualifies for up to $124,000 in renovations under FEMA’s 50% Rule—saving you valuable time and clearing a major hurdle for redevelopment.

This 1,438 sq ft home includes a spacious master bedroom with a full ensuite bathroom, and there's ample space throughout for a creative, high-impact renovation. Whether you’re flipping, renting, or holding long-term, the possibilities are wide open.

Property Highlights:

Priced at land value with a recent appraisal of $365,000

Includes SI/SD review package completed by the owner

Architectural drawings, electrical, and plumbing quotes already in hand

Fenced backyard and screened-in patio—ideal for indoor-outdoor living

Central location near the beach, local coffee shops, dining, and entertainment

This is your chance to invest in one of the most sought-after beach communities with the heavy lifting already started. Bring your vision and unlock the full potential of this prime property.