Embrace a distinctive coastal investment positioned in the vibrant heart of St. Pete Beach. Located at 316 76th Avenue, this 1955 mid-century masonry duplex offers a rare combination of residential utility and flexible commercial zoning. Comprising two independent 1-bedroom, 1-bathroom units alongside a detached secondary structure on a 5,375-square-foot parcel, this property stands as an exceptional value-add prospect for investors seeking tangible upside in an internationally recognized barrier island destination.
Inside, authentic mid-century character remains prominently on display with original terrazzo floors extending across the living spaces. These classic architectural surfaces offer enduring aesthetic appeal, durability, and natural cooling qualities well-suited for coastal Florida living. Important mechanical capital improvements have already been initiated, including a 2018 central air conditioner, a ductless mini-split, and a newer electric water heater, providing an established operational foundation.
What truly sets this property apart is its coveted TC-1 (Town Center-1) zoning designation. Under St. Pete Beach municipal planning guidelines, the TC-1 district is formulated to support diverse neighborhood-commercial initiatives. Permitted and conditional opportunities can encompass professional office suites, medical or wellness studios, boutique retail storefronts, artist galleries, artisanal printmaking, and specialty culinary establishments. Holding the distinction of being the sole remaining residential structure on a dynamic commercial corridor flanked by retail and medical offices, the parcel delivers long-term development flexibility.
Lifestyle and accessibility are central to the appeal of this address. The property sits directly opposite Horan Park and the comprehensive St. Pete Beach public recreation and aquatic complex, granting effortless access to waterfront green space, open recreation fields, and community swimming facilities without personal maintenance overhead. In addition, the historic Corey Avenue shopping district is located mere steps away, hosting local eateries, unique gift boutiques, independent businesses, and the popular weekly Sunday open-air market.
For those drawn to the shoreline, the soft sands of Upham Beach and the clear waters of the Gulf of Mexico are reachable within a convenient half-mile stroll or quick bicycle ride. Offered strictly as-is to reflect structural and cosmetic remodeling potential, this unique parcel represents a strategically priced entry point into one of Pinellas County's most supply-constrained coastal markets. Prospective purchasers are encouraged to perform complete due diligence with the City of St. Pete Beach regarding planned uses and development potential.
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