720 BOCA CIEGA ISLE DRIVEST PETE BEACH, FL 33706
Outstanding Waterfront Redevelopment & Restoration Opportunity! Rarely available, this exceptional waterfront property is located on Boca Ciega Isle in the heart of St. Pete Beach, offering a premier coastal setting with direct access to Boca Ciega Bay. Situated on a 50' x 136' waterfront lot, the property encompasses approximately 6,800 square feet of land and features approximately 50 feet of seawall. With its desirable waterfront orientation, exceptional views, and Gulf accessibility, this is a remarkable opportunity for a builder, developer, investor, or buyer looking to create a truly distinctive waterfront residence. The original 3-bedroom, 2-bathroom home, approximately 2,046 square feet, sustained flooding during Hurricane Helene. With an updated appraisal, the property qualifies for restoration under FEMA’s 49% rule, presenting a unique opportunity to restore, renovate, or potentially rebuild a custom waterfront home tailored to today's lifestyle. The location is what truly sets this property apart. Positioned on Boca Ciega Bay, the property offers direct water access, approximately 50 feet of waterfrontage, Gulf accessibility, and extraordinary waterfront views—all in one of the most sought-after coastal communities in the St Pete area. Whether you're a seasoned developer, builder, investor, or discerning buyer searching for a rare waterfront project, this property offers an exceptional combination of location, waterfront access, redevelopment potential, and lifestyle. Opportunities of this caliber are increasingly difficult to find. Bring your vision, capitalize on the potential, and create something extraordinary on Boca Ciega Isle.
| 3 weeks ago | Listing updated with changes from the MLS® | |
| 3 weeks ago | Price changed to $1,425,000 | |
| a month ago | Listing first seen on site |
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Last checked: 2026-09-21 09:17 PM EDT