Listing Details for MLS # TB8347283
746 31st Avenue Ne, St Petersburg, Fl 33704

Residential Property - Single Family Residence in St Petersburg

Listing Price: $999,000Days on Market: 57

Description of Property

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.The average asking price for a 3 bedroom/2 bath single family residence in this Zip code is $884,686. This single family residence is listed at about 113% of the average asking price. There are 13 3 bedroom/2 bath homes between $800,000 and $1,200,000 currently listed for sale in this Zip code. See other listings like this one »