600 TALLAHASSEE DRIVE NE
Saint Petersburg, FL 33702
2742 sqft | 4 beds | 2 baths | 0.24 acres | #TB8327916
Description
Under contract-accepting backup offers. RAISE THE ROOF ON THIS HOME'S SCORCHED POTENTIAL: A RARE LAKEFRONT POOL HOME OFFERS UNPARALLELED INVESTMENT VISION
In the heart of the prestigious Riviera Bay (built post firm and high/dry w/ no hurricane flooding), a remarkable investment opportunity emerges — a fire-damaged property poised to become a developer's dream. Priced strategically for a great ROI, this 0.24-acre lakefront lot represents more than just real estate; it's a blank canvas for transformation. Nestled in one of St. Petersburg's most coveted locations, the property boasts intact structural, exterior and interior walls, preserved windows and doors (sliders in tact, with entry doors not intact fully), an oversized two-car garage, and a pristine (once cleaned) in-ground pool,w/ pool cage while overlooking serene waterfront views and sunsets to die for. Priced at land value but you have a great structure to work with to create a new masterpiece.
The current condition presents a unique proposition for investors and developers with renovation expertise. The property's open ceiling provides an unprecedented opportunity to meticulously assess and redesign the roof structure, offering complete transparency for comprehensive structural reimagining and possibilities to add a 2nd story to improve total ROI (consult city of St. Pete for conforming to improvements). While requiring investment and vision, the property's potential is extraordinary. With over 2,000 square feet of living space and a location minutes from downtown St. Pete and to South Tampa, this property is not just a purchase, but a strategic investment in a gold- star neighborhood.
Schedule a showing today for full details on estimated renovation costs and more detailed analysis of what could be for your next flip.
Property Details
- Utility FeaturesElectricity Connected, Sewer Connected
- Exterior MaterialsIrrigation System, Sliding Doors
- Elementary SchoolShore Acres Elementary-PN
- Lot DescriptionCity Limits, Landscaped
- Property SubtypeSingle Family Residence
- Pets AllowedCats OK, Dogs OK, Yes
- Middle SchoolMeadowlawn Middle-PN
- High SchoolNortheast High-PN
- InteriorSplit Bedroom
- Sewer InformationPublic Sewer
- SubdivisionRIVIERA BAY
- MLS #TB8327916
- MLS #TB8327916
- Property TypePurchase
- CountyPinellas
- Original List Price$499,000
- Utility SourcePrivate
- Taxes Annual$3,663
- Cost499000
- ViewWater
- Property ConditionFixer
- Acres0.24
- Square Feet2742
- Year Built1979
- FoundationSlab
- Hoa Fees200
- Days on Market (Cumulative)17
- Bedrooms4
- Bathrooms2
- Full Baths2
- Stories1
- Parking Spaces2
Location
Legal
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Trey Andrews | Realty Pros Assured
Last Updated: . Source: SMLS
Listing Courtesy
Listing Agent: Leisa Mohler-Erickson (#MFR260037548)
Listing Office: ENGEL & VOLKERS ST. PETE (#MFR260032666)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.