$1,200,000
For Sale

746 31ST AVENUE NE

St Petersburg, FL 33704
3255 sqft | 3 beds | 2 baths | 0.25 acres | #TB8347283
Browse 20 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Investor's Dream Opportunity in St. Petersburg
Presenting 746 31st Avenue Northeast, a unique property nestled alongside the prestigious Vinoy Golf Club in the heart of St. Petersburg, Florida. This residence offers unparalleled potential for visionary investors and developers. Situated near the renowned Vinoy Golf Course, the property enjoys a serene setting with a canal behind it, providing a natural buffer of mangroves and trees that offer privacy while allowing glimpses of the fairways. Elevated construction would enhance the golf course views, making it a prime candidate for a spectacular new build.
The existing structure experienced flooding during recent hurricanes, presenting a blank canvas for transformation. Investors have the option to undertake a comprehensive renovation, restoring the home with modern enhancements, or to design and construct a new elevated residence that capitalizes on the prime location and potential views. Elevating the new structure will mitigate future flood risks, ensuring long-term resilience and peace of mind.
Located in a sought-after neighborhood, this property is just minutes from downtown St. Petersburg’s vibrant cultural scene, fine dining, and boutique shopping. The Vinoy Golf Club offers an 18-hole, par-71 championship course that provides an exceptional golfing experience. With a generous lot size and its unique combination of canal frontage and proximity to the golf course, this property is an ideal opportunity for those looking to create a custom luxury residence in one of the most desirable areas in St. Petersburg.
Whether you choose to renovate or build new, this is a rare chance to secure a valuable piece of real estate in an unbeatable location. The potential for value appreciation and the creation of a bespoke residence is undeniable. Don't miss the opportunity to bring your vision to life in this exceptional setting.

  • Property Details
      • InteriorCeiling Fans(s), High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan
      • Utility FeaturesElectricity Connected, Public, Sewer Connected, Solar, Street Lights, Water Connected
      • Exterior MaterialsIrrigation System, Private Mailbox, Sliding Doors
      • SubdivisionNORTH EAST PARK PLACIDO SHORES
      • Lot DescriptionFloodZone, On Golf Course
      • Elementary SchoolNorth Shore Elementary-PN
      • Property SubtypeSingle Family Residence
      • Middle SchoolJohn Hopkins Middle-PN
      • High SchoolSt. Petersburg High-PN
      • ViewGolf Course, Water
      • Sewer InformationPublic Sewer
      • Original List Price$1,200,000
      • MLS #TB8347283
      • MLS #TB8347283
      • Property TypePurchase
      • CountyPinellas
      • Cost1200000
      • Utility SourcePublic
      • Taxes Annual$6,506
      • Property ConditionFixer
      • Acres0.25
      • Square Feet3255
      • Year Built1972
      • FoundationSlab
      • Bedrooms3
      • Bathrooms2
      • Full Baths2
      • Stories2
      • Parking Spaces1
      • Days on Market (Cumulative)1

Location

Terry A. KarousosReal Estate Group

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