#TB8392008, Evan Pedone, Listing office: ENGEL & VOLKERS MADEIRA BEACH
510 70th Ave St Pete Beach, FL 33706
Property details
About 510 70th Ave
SELLER FINANCING AVAILABLE - St. Pete Beach Investment Opportunity – Commercial / UBV Zoning | 2 Lots | 1 Building | 10 Income-Producing Units. Unlock the potential of this rare investment portfolio in the heart of St. Pete Beach—voted one of America’s best beaches! Zoned CC-2 / UBV (Urban Beach Village - Commercial), this property spans two lots and features one solidly built structure housing 10 fully leased rental units. Since 2017, these units have maintained 100% occupancy, reflecting the consistent demand in this vibrant coastal market. Located just steps from the Gulf of Mexico, this property places tenants within walking distance of sugar-white sands, top-rated restaurants, lively beach bars, and all the excitement that makes St. Pete Beach a premier destination for both tourists and locals. Recent upgrades include a new $100K+ roof, and a No Substantial Damage letter following last year’s storms—only minor repairs were needed, ensuring peace of mind for future ownership. Whether you're looking to expand your rental portfolio, tap into the booming short-term vacation market, or hold for long-term appreciation, this property delivers outstanding value, flexibility, and prime location. Highlights: ***Commercial UBV zoning ***Two lots / one building complex ***10 total rental units 100% occupied ***Highly walkable to the beach, dining, nightlife & entertainment ***Proven rental history with long-term occupancy ***Significant future appreciation potential Don’t miss out on this exceptional chance to own income-producing property in one of Florida’s most desirable beachside communities. Call today for full details and financials!
Highlights
Summary
- Appliances: Dishwasher, Microwave, Range, Refrigerator
- Flooring Type: Carpet, Tile
- Interior: Thermostat, Window Treatments
- Total Bedroom Count: 13
- Private Pool: No
- Exterior: Other, Sidewalk
- Heating: Central, Electric
- Cooling: Central Air
- List Price: $2,900,000
- Price/SqFt: $374
- HOA Amount: $0
- Annual Tax Amount: $15,263
- Tax Year: 2023
- Lot: Flood Zone, City Lot, Paved
- Directions: Gulf to 70th Ave towards beach in SPB
- Year Built: 1972
- Living Area: 7,750 SqFt
- Lot Size: 0.23 Acres
- MLS Number: TB8384786
- MLS Name: MFRMLS
- Office Name: EXP REALTY
- Listing Agent: Valerie McClary
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Last updated on: 6/6/2025, 11:49:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,900,000
510 70th Ave
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Price information
Property sales
Date | Event | Price |
---|---|---|
Apr 06, 2017 | Home Sold | $1,550,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $935,000 | $15,263 |
2022 | $935,000 | $15,273 |
2021 | $850,000 | $15,273 |
2020 | $760,000 | $14,659 |
2019 | $728,000 | $13,043 |
2018 | $665,000 | $12,019 |
2017 | $630,000 | $11,554 |
History based on county public records data.
Nearby schools
9
Gulf Beaches Elementary Magnet School
Public Magnet KG-5
0.9 mi
•8600 Boca Ciega Dr
9
Pasadena Fundamental Elementary School
Public Magnet KG-5
2.4 mi
•95 72nd St N
6
Bear Creek Elementary
Public District PK-5
2.9 mi
•350 61st St S
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $55,609. Typical income of St Pete Beach, FL residents is less than $<35k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.
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Frequently asked questions
About 510 70th Ave
The listing price of 510 70th Ave property is $2,900,000.
The property 510 70th Ave is a multi located in St Pete Beach, Florida, 33706.
Active Listing: 510 70th Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 510 70th Ave are: Gulf Beaches Elementary Magnet School (GreatSchools Rating 9/10), Pasadena Fundamental Elementary School (GreatSchools Rating 9/10), Bear Creek Elementary (GreatSchools Rating 6/10), Azalea Middle School (GreatSchools Rating 2/10), Thurgood Marshall Fundamental (GreatSchools Rating 7/10), Tyrone Middle School (GreatSchools Rating 6/10), Boca Ciega High School (GreatSchools Rating 3/10), St. Petersburg Collegiate High School (GreatSchools Rating 10/10), Disston Academy (GreatSchools Rating 1/10).
According to the records, the last property tax for 2023 is $15,263 (source: MLS/based on county public records data).
The last sale was on April 6, 2017 for $1,550,000 (source: MLS/tax record).
The property 510 70th Ave is 7,750 SqFt (source: MLS/tax record).
The year of construction for 510 70th Ave is 1972.
This home is located at 510 70th Ave in St Pete Beach, FL and zip code 33706 in the Downtown Saint Pete Beach neighborhood. This 7,750 square foot home, which was built in 1972, sits on a 0.23 acre lot. Features: 13 bedrooms, 10 bathrooms. It has been listed on Rocket Homes since June 6, 2025 and is currently priced at $2,900,000.
Over 1 listings were sold over their listed price in May 2025 in St Pete Beach, FL. In the same period over 24 listings were sold below the listed price and 2 listings were sold for the listed price. The number of listings in St Pete Beach, FL decreased by 1% between April and May 2025. In May 2025, listings were on the market for 65 days. During the same period, the median list price in this real estate market was $775,000.