$1,395,000
$1,395,000
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0.28 Acres Lot
SOLD DATE : 04/24/2021
Key Details
Sold Price $1,395,000
Property Type Vacant Land
Sub Type Residential
Listing Status Sold
Purchase Type For Sale
Subdivision North East Park Placido Shores
MLS Listing ID U8088171
Sold Date 04/24/21
HOA Y/N No
Annual Tax Amount $16,281
Lot Size 0.280 Acres
Acres 0.28
Lot Dimensions 90x136
Property Description
Wonderful waterfront lot, ready for your dream home. Most affordable waterfront lot in Snell Isle. Snell Isle is considered the most desirable neighborhood in St. Petersburg, and one of the most desirable neighborhoods in the Tampa Bay Area. So close you could easily Bike to the very Vibrant downtown St. Petersburg. Enjoy jogging on nearby Coffee Pot Boulevard, visiting the Museums, The Vinoy Hotel Veranda, Numerous Restaurants along Beach Drive, the Stunning brand new Pier!!. Better yet, stay home and enjoy the tranquility of your back yard and enjoy all of the abundance nature has to offer, or simply Kayak, Paddle Board, jump on your Wave Runner or touch the switch on your electric lift and put your boat in the water for a sunset cruise.
This is NOT a canal lot. Great water for boating. Only bridge to clear is the Bridge between Snell Isle and Shore Acres (commonly refereed to as the St. Rafael Bridge) and has very high clearance. Seller has boated under this bridge since 1972 and has seen large Center Console boats with quad engines w/ T Tops go under the bridge. This clearance is substantially different than the very LOW clearance of the Coffee Pot bridge in which most boats with T Tops can NOT make it under (Coffee Pot bridge).
New Sewall was installed in April 2020. Deadmen for Seawall were placed closer to Seawall to allow for infinity edge pool to go closer to seawall. Lot is cleared and ready for home construction. Dock IS allowed. Seller will grant Buyer time to get dock Permit "In Hand" PRIOR to closing.
Very close to the Vinoy Golf Course, which is considered the best course in St. Petersburg. Please note, Vinoy is a private club and is currently not considering new members. There is no guarantee of when, or if the Vinoy will allow new members, and when they do, there is no guarantee who they will allow to join.
Location is extremely convenient to two Publix grocery stores, both of which have been completely updated.
Home builder Lubke Construction is very interested in helping buyer fulfill their vision of their Dream Home. Buyer is free to use ANY builder or GC.
There are a number of incredible new homes being constructed in Snell Isle.
Most recent comparable sale took place in Sep / Oct 2020, for $1.525, $1.6, 1.725 and $2.8 (this last sale was for a large property located at the far end of a canal). Most of the comparables are limited for boating as they are behind the Coffee Pot Bridge. One property will need a 2 story home demolished and has an older seawall, thus raising the cost much higher then selling price after home is demoed and new seawall is installed.
Of note on October 6th, 2020, St. Petersburg was listed by Condo Nast Traveler 2020 Readers Choice Awards, as one of the ten best Cities to visit under the Large Cities Category. This years survey had the most readers respond in their 33 year history.
The lot's location is 6 blocks from a place to commence your jog, stroll or bike ride that starts a 5.56 mile (over 11 miles round trip) exercise route that provides incredible views along the water. I am not exaggerating, you could run, bike or take your child on a walk in a stroller that is almost entirely along the water front of NE St. Petersburg which is known for having one of the largest waterfront park systems in North America. During this 5 1/2 mile plus, there is literally only ONE (1) break in the path, which is interrupted by the Bridge at Coffee Pot.
Location
State FL
County Pinellas
Community North East Park Placido Shores
Direction NE
Exterior
Utilities Available Cable Available, Electricity Available, Fire Hydrant, Phone Available, Sewer Available, Sewer Connected, Sprinkler Well, Street Lights, Water Available, Water Connected
Waterfront Description Bayou
View Y/N 1
Water Access 1
Water Access Desc Bayou
Building
Lot Description Cleared, Curb and Gutters, Flood Plain/Bottom Land, City Limits, Near Golf Course, Near Marina, Paved
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Well
Others
Pets Allowed Yes
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Membership Fee Required Optional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with SMITH & ASSOCIATES REAL ESTATE