Experience the ultimate in coastal living and investment potential with this charming 644-square-foot home in Historic Pass-A-Grille. Currently operating as an income-producing short-term rental, this one-bedroom, one-bathroom property offers not only immediate returns but also unmatched future value.
Located at 702 Pass-A-Grille Way, the true opportunity lies in its redevelopment potential. Zoned to accommodate up to 17 multifamily units, this expansive lot is directly across from the serene Intracoastal Waterway and just a 45-second walk to the world-renowned Pass-A-Grille Beach, consistently ranked among the best beaches in the country and the world.
Beyond the stunning waterfront views, you’re steps from 8th Avenue — celebrated as “the shortest Main Street in America flanked by water.” Here, charming local restaurants, boutique shops, and the iconic Merry Pier offer an authentic taste of beachside living.
For city amenities, downtown St. Petersburg is a quick drive away, featuring vibrant arts, award-winning dining, and thrilling sports events with the Tampa Bay Rays, Rowdies, and Lightning. Tampa International Airport is conveniently located just 35 minutes away, providing seamless access for vacationers and frequent travelers alike.
Whether you’re looking to continue generating rental income or unlock the property’s full potential with a lucrative redevelopment project, this Pass-A-Grille gem presents an extraordinary opportunity to own a piece of Florida’s beloved Gulf Coast.
Directions: From Gulf Blvd headed south, drive past the Don Cesar, Gulf Blvd turns into Pass a Grille Way. Drive South past 8th Avenue and property is on the right.
ElementarySchool: Azalea Elementary-PN
Fencing: Fenced
Flooring: Ceramic Tile,Hardwood
FoundationDetails: Slab
GarageSpaces: 2
Heating: Central
HighSchool: Boca Ciega High-PN
InternetAddressDisplayYN: 1
InternetAutomatedValuationDisplayYN: 1
InternetEntireListingDisplayYN: 1
LaundryFeatures: Other
Levels: Two
ListAOR: Orlando Regional
ListAgentAOR: Suncoast Tampa
ListAgentEmail: David.Cook@SERHANT.com
ListAgentFullName: David Cook, III
ListAgentKey: 1999e62ddf1792e5a8cc9eee86ba7c8f
ListAgentMlsId: 740512647
ListAgentPreferredPhone: 727-401-5324
ListOfficeKey: 83de96ce3b991516fd705c972cd0cadc
ListOfficeMlsId: 279657462
ListOfficeName: SERHANT
ListOfficePhone: 646-480-7665
ListingContractDate: 2025-03-24
ListingId: TB8364676
ListingTerms: Cash,Conventional
LivingAreaSource: Public Records
LivingAreaUnits: Square Feet
LotFeatures: City Lot,Sidewalk
LotSizeArea: 15133
LotSizeDimensions: 100 x 155
LotSizeSquareFeet: 15133
LotSizeUnits: Square Feet
MLSAreaMajor: 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
MiddleOrJuniorSchool: Bay Point Middle-PN
MlsStatus: Active
Last Modified: February 6, 2026 at 01:43am
OnMarketDate: 2025-03-24
OriginalEntryTimestamp: March 24, 2025 at 09:44pm
OriginalListPrice: 3899900
OriginatingSystemKey: stellar
OriginatingSystemName: Stellar MLS
Ownership: Fee Simple
ParcelNumber: 193216589320060170
ParkingFeatures: Driveway
PetsAllowed: Yes
PhotosChangeTimestamp: February 6, 2026 at 01:49am
PhotosCount: 41
PostalCodePlus4: 4335
PriceChangeTimestamp: February 2, 2026 at 10:01pm
RoadFrontageType: Street Paved
RoadSurfaceType: Paved,Asphalt
Roof: Shingle
Sewer: Public Sewer
SourceSystemKey: 751222902
SpecialListingConditions: None
StateOrProvince: FL
StatusChangeTimestamp: February 2, 2026 at 10:01pm