7308 SUNSET WAY St Pete Beach, FL $ 3,850,000
7308 SUNSET WAY
$ 3,850,000
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7308 SUNSET WAY

St Pete Beach, FL, 33706
$ 3,850,000
Bedrooms-- Baths-- Sq 2,394

Monthly Estimate*

$ 24,019

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Commercial Property for sale in St Pete Beach, FL

for $3,850,000. This 2,394 square foot building was built in 1945 on a lot size of 0.48.

Under contract-accepting backup offers. Discover a rare opportunity to own an iconic piece of St. Pete Beach history at 7308 Sunset Way. This extraordinary property, spanning three separate tax parcels totaling 0.5 acres, sits on a picturesque waterfront setting that once housed the beloved Woody’s Waterfront Café. Whether you’re envisioning the revival of a local landmark or a completely new venture, this property offers boundless potential. Listing includes a full 4COP liquor license, but real estate can be purchased separately. This property is being sold as-is, offering a rare opportunity for a new owner to reimagine its future. After generations of successful operations as a local landmark, the recent hurricanes have rendered the site unusable, and ownership has made the difficult decision not to rebuild the once-iconic Woody’s Waterfront. This presents a blank slate for redevelopment in one of St. Pete Beach’s most sought-after waterfront locations, where vision and investment can bring a new concept to the site or revive the proven success of the waterfront restaurant and bar. Property Highlights: • Expansive 0.5-Acre Lot: With three distinct parcels, the property provides ample space for a range of development opportunities in a prime coastal location. • Unparalleled Waterfront Views: Nestled along the water, the property offers breathtaking scenery, ideal for outdoor dining, entertainment, or other vibrant waterfront uses. • Zoning Flexibility: Zoned for commercial use, this property is perfectly suited for a restaurant, retail, or other income-generating ventures. Connect with the City of St. Pete Beach’s Planning and Zoning Division to explore approved uses and tailored development possibilities. • Historical Significance: Formerly a celebrated local gathering spot, the property may qualify for historic designation, unlocking potential grants, preservation incentives, and tax benefits through the City of St. Pete Beach’s Historic Preservation Board. • Rebuild with Resilience: Located in a VE flood zone, this property offers an excellent opportunity to construct a hurricane-resilient, code-compliant structure while incorporating modern design elements to maximize safety and functionality. Unmatched Location: Situated in one of Florida’s most vibrant beach communities, 7308 Sunset Way offers easy access to the pristine Gulf beaches, a bustling local scene, and a steady flow of visitors year-round. Its prime location ensures maximum exposure and a built-in customer base for any commercial endeavor. Your Vision, Unlimited Potential: This property is a blank canvas waiting for the right owner to bring it to life. Whether you’re inspired to restore the legacy of Woody’s Waterfront Café or create a brand-new destination, 7308 Sunset Way is a once-in-a-lifetime chance to own a part of St. Pete Beach history and shape its future. Don’t miss this opportunity to own a unique waterfront property with unlimited potential.

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Commercial Pending

Price

$ 3,850,000

Property Type

Commercial

Taxes

$ 7,960

Style

Restaurant

Lot Size

0.48

Year Built

1945

Town/City

St Pete Beach

County/Region

Pinellas

MLS | Web ID

O6280857

Features
General
Cooling none
Possession negotiable
Zoning cg-2
Construction Materials other wood frame
Year Built 1945
Property Subtype restaurant
Tax Year 2024
Ownership partnership
Waterfront Features gulf/ocean
Additional Parcels Description 36-31-15-00000-310-0400 36-31-15-00000-310-0600
County pinellas
New Construction no
Property Type commercial sale
HOA N
Subdivision Name st petersburg beach sub
Status pending
Directions from i-275 south (tampa/st. petersburg): 1. take exit 17 for pinellas bayway/fl-682 w toward st. pete beach. 2. continue on fl-682 w (pinellas bayway) for 5.5 miles. 3. turn right onto gulf blv
City st pete beach
MLS Area 33706 - pass a grille bch/st pete bch/treasure isl
Lot Size Units square feet
Lot Size Square Feet 20908
Listing Terms cash conventional owner may carry
Tax Annual Amount 7960.19
Additional Parcels Y/N yes
Building Area Units square feet
Living Area Units square feet
Standard Status pending
Tax Lot 2
Virtual Tour https://acrobat.adobe.com/id/urn:aaid:sc:us:d7c5f2cc-2ded-4ca3-bb76-5f763a592ad0
Legal Description nw'ly 41ft of se'ly 141ft of unplatted tract lying w of sunset ave & s of 74th ave
Water View gulf/ocean - full
Water Access Type bay/harbor gulf/ocean to bay
Water Access Y/N yes
Water View Y/N yes
Flood Zone Code ve
DockY/N no
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Exterior
Lot Size Area 20908
Foundation Details block
Number of Buildings 1
Building Area Total 2394
Lot Dimensions 44 x 88
Lot Size Acres 0.48
Road Surface Type asphalt
Waterfront Y/N yes
Road Frontage Type city street
Number of Lots 3
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Interior
Total Stories 1
Air Conditioning Y/N no
Total Baths 0
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Internal Only
Street Number 1 7308
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* Excluded Features
List By
Compass Florida Llc

Broker

brad.kuskin@compass.com

Email

Affordability Calculator

$24,682
Per Month
97%
3%
0%
Monthly Principal & Interest
$24,019
Monthly Property Taxes
$663
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
266288 Elementary School
265661 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/9/2025$3,850,000 -13.48% Price Down
2/14/2025$4,450,000 Listed Price

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7308 SUNSET WAY, St Pete Beach, FL, 33706 is a Commercial Property for sale at $3,850,000 with 2,394 sqft and a lot size of 0.48. 7308 SUNSET WAY was built in 1945. The property's zip code is 33706 which is in St Pete Beach, FL