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    7203 Sunset Way St Petersburg, FL 33706

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    For Sale
    $4,500,000

    Prime vacant residential lot with potential for condominium development.

    Lot size:
    0.47 Acres

    Property Features for 7203 Sunset Way

    General Information

    Lot size
    0.47 Acres

    Source: MICHAEL BRICE R.E. AND DEVEL. Agent RANDEE CARL

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    St. Pete Beach Development Opportunity

    This .47-acre vacant residential lot presents an exceptional development opportunity in St. Pete Beach. The property is located caddy-corner from the former Woody’s Waterfront site and directly across from City Park on Sunset Way, which follows the waterline along the city’s scenic northwest edge. The location offers views of Gulf sunsets and the Blind Pass inlet. The City of St. Pete Beach has confirmed zoning for up to 12 condominium residences with a pool and parking underneath, with a maximum height of 45 feet from BFE. There is potential to acquire adjacent hospitality and restaurant properties for an even greater project footprint.
    Location Intelligence

    Current Use by Public Records

    82 Degrees Bar ... Bar & Grill

    Suggested Use

    Law Firm Restaurant Spa & Massage Dental Office Hair Salon Realty agency Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    St Petersburg
    County
    Pinellas
    State
    Florida
    Longitude
    -82.75267
    Latitude
    27.739214

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    FAQs

    What type of property is this?
    Land - Prime vacant residential lot with potential for condominium development.
    Where is this land located?
    The property is located at 7203 Sunset Way St Petersburg, FL.
    What is the asking price?
    The asking price for this property is $4,500,000.
    What are key features of this property?
    This property features: - Prime .47-acre vacant residential lot in a highly desirable St. Pete Beach location.; - Confirmed zoning for up to 12 condominium residences with a pool and parking underneath.; - Uninterrupted Gulf sunset and Blind Pass inlet views.
    (727) 580-4953
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    7203 Sunset Way St Petersburg, FL 33706
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7203 Sunset Way St Petersburg, FL 33706
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