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Direct Gulf-Front Redevelopment Opportunity
For Sale
$4,490,000

18218 SUNSET BOULEVARD B B, St Petersburg, FL 33708

Direct Gulf-front duplex with existing structure, parking, garages, and over 50 feet of Gulf frontage.

Property Size2,750 SF
Price / SF$1,632
Days on Market367

Property Features for 18218 SUNSET BOULEVARD B B

General Information

Standard status Active
Size 2,750 SF
Property subtype Land

Additional Details

Multifamily Units 2
Listing Agency: REALTY EXPERTS
Listed By: Catherine Delorenzo
Source: Allencollinsrealty
Added: Aug 5, 2025 Changed: Jul 10 Last Checked: Aug 6 at 3:26AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of REALTY EXPERTS

Investment Insights

Based on property information with market context.

This direct Gulf-front property offers an existing two-unit structure with a total of 2,750 square feet of living space. Each unit includes three bedrooms and two bathrooms. The improvements also feature a large parking pad, two one-car garages, and under-building storage. A sea wall is already in place, and the city provides a beach scraper to help keep the beachfront view clean and free of debris.

The site includes over 50 feet of Gulf frontage. The property is currently zoned as a condo, and it does not back up to Gulf Boulevard. The rear is buffered by Constitution Park, which includes a dog walk and playground, as well as town-sponsored cookouts and events for residents.

For buyers, this is a tear-down or rehab opportunity on a lot of just under a quarter acre (per the attached survey). The property’s current condo zoning is a key starting point for redevelopment planning, and the buyer is encouraged to confirm what can be built, including setbacks and zoning requirements, by contacting the City’s building department. The combination of Gulf frontage, existing structures, and dedicated beach-management support makes it a practical option for those evaluating a redevelopment plan for a waterfront residential use.

Key Highlights

  • Direct Gulf‑front duplex with over 50 feet of Gulf frontage and a sea wall already in place
  • Existing structure contains two spacious units totaling 2,750 sq. ft., each with 3 bedrooms and 2 bathrooms
  • Direct Gulf‑front lot just under a quarter acre (per attached survey) with under‑building storage

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Law Firm Spa & Massage Center Big Box & Wholesale Store HVAC Service Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

261
Businesses Nearby

Demographics for 33708, FL

16,034
Population
13,211
Households
1.2
Avg Household Size
60
Median Age
44%
College-Educated
96%
High-School Grad
3.4 sq mi
ZIP Area
4,716
Density / Sq Mi
$83,773
Median Household Income
$49,403
Median Earnings
$1,961
Median Rent
$463,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Direct Gulf-front duplex with existing structure, parking, garages, and over 50 feet of Gulf frontage.
Where is this duplex located?
The property is located at 18218 SUNSET BOULEVARD B B St Petersburg, FL.
What is the asking price?
The asking price for this property is $4,490,000.
What are key features of this property?
This property features: Direct Gulf‑front duplex with over 50 feet of Gulf frontage and a sea wall already in place; Existing structure contains two spacious units totaling 2,750 sq. ft., each with 3 bedrooms and 2 bathrooms; Direct Gulf‑front lot just under a quarter acre (per attached survey) with under‑building storage
More about this property
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