$5,500,000 for Sale
18218 sunset boulevard #A+B, st petersburg, FL 33708
Beds 6 | Baths 4 | 2,750 Sqft | 0.24 Acres |
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Property Description
A rare opportunity has arrived in Redington Shores: a direct Gulf-front property offering unparalleled potential for both luxury living and lucrative investment. For the first time in over 30 years, this prime piece of real estate is available to the market. Currently zoned as a condo, the property has been cherished as a family vacation retreat, with two spacious units totaling 2,750 sq. ft. of living space—each featuring 3 bedrooms and 2 bathrooms. The existing structure boasts a large parking pad, two one-car garages, and under-building storage, adding functionality to its enviable beachfront location. There is over 50 feet of Gulf frontage and a Sea Wall Already in place and the City provides a Beach scraper to keep the beach front view clean and free of debris. Another rare advantage: this property does not back up to Gulf Boulevard, providing a quieter, more private atmosphere with Constitution Park buffering the rear of the property, which has a dog walk, playground and town sponsored cookouts and events for residents. Just steps away, you’ll find the beach trolley, bus stops, local favorites like Candy Kitchen, Koko nuts Grill, Friendly Tavern, and Broke N Board, plus easy access to restaurants, coffee shops, and the famous Beach Pizza. The lot itself, just under a quarter acre (per attached survey), offers impressive development potential. The City of Redington Shores allows underground parking/storage and up to two floors of buildable space, with the potential for a third floor with variance approval. The possibilities are endless: design a spectacular 2,500+ sq. ft. Gulf-front penthouse for your own use while generating income from luxury rental units below, or create a boutique Gulf-front development perfectly tailored for today’s high-end buyers and investors. Possibly two smaller buildings with a variance? All this, while being only 30 minutes to Tampa—home of the Buccaneers, Tampa Bay Lightning, the Rays, fine dining, international shopping, Broadway-caliber theater, and an international airport. Just minutes away, St. Pete offers a vibrant nightlife and its iconic new pier, while Clearwater Beach adds yet another world-class destination to the mix.
General Information
Sale Price: $5,500,000
Price/SqFt: $2,000
Status: Active
MLS#: TB8412423
City: st petersburg
Post Office: st petersburg
Schools: seminole high-pn
County: Pinellas
Subdivision: sunset villa condo
Acres: 0.24
Lot Dimensions: 210 x 51
Bedrooms:6
Bathrooms:4 (4 full, 0 half)
House Size: 2,750 sq.ft.
Acreage: 0.24 est.
Year Built: 1985
Property Type: Condominium
Style: Elevated, Florida
Features & Room Sizes
Paved Road: Paved
Construction: Wood Frame
Exterior Misc: Balcony, Hurricane Shutters, Private Mailbox, Sliding Doors
Basement: No
Foundation : Other, Stilt/On Piling
Appliances: Cooktop, Dishwasher, Dryer, Range, Refrigerator, Washer
Cooling: Wall/Window Unit(s)
Heating: None, Other
Waste: Public Sewer
Watersource: Public
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $9,613
Legal Description: SUNSET VILLA CONDO UNIT A SUNSET VILLA CONDO UNIT B

Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Catherine Delorenzo of REALTY EXPERTS, Phone: 727-888-1000