by Global Lifestyle Properties

See Home Value
$2,000,000
● House - Off Market

509 55TH AVENUE

ST PETE BEACH, FL 33706
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,622 Ft²
$12,215
Est. Monthly
1.23%
Cap Rate

About This Property

Experience exceptional waterfront living on Boca Ciega Bay in the highly regarded Brightwater Beach Estates neighborhood of St. Pete Beach. Beautifully renovated and offered fully furnished, this impressive 4-bedroom, 3-bath residence combines sophisticated coastal style, modern comfort, and effortless indoor-outdoor living.

The bright, open-concept interior features hurricane-rated windows and doors, contemporary European-inspired finishes, multiple living and entertaining spaces, and a thoughtfully designed split-bedroom floor plan. The spacious primary suite is a private retreat, complete with peaceful bay-window views, a comfortable sitting area, and a spa-inspired en-suite bath featuring travertine tile, dual vanities, and a walk-in shower.

At the heart of the home is a stunning custom chef's kitchen designed for both everyday living and memorable gatherings. Highlights include high-end stainless steel appliances, sleek contemporary cabinetry, a wine cooler, warming drawer, walk-in pantry, and generous space for entertaining family and friends.

French doors open to a private tropical waterfront oasis, where a large swimming pool, expansive covered patio, dry bar, outdoor refrigerator, and designer furnishings create the perfect setting for year-round relaxation and entertaining. Wide water views and spectacular sunsets provide a breathtaking backdrop to the relaxed Florida lifestyle.

Boating enthusiasts will appreciate the brand-new dock completed in 2025 and the 10,000-pound boat lift, offering direct access to the Intracoastal Waterway and the Gulf of Mexico. From sunset cruises and waterfront dining to unforgettable days on the water, this location makes coastal living effortless.

Additional improvements include a durable metal roof installed in 2019, 2025- 2 unit newer air-conditioning system, a spacious indoor laundry room, and abundant areas for gathering, relaxing, and entertaining.

Located on a quiet, low-traffic street just minutes from the beach, local restaurants, and vibrant downtown St. Petersburg, this turnkey residence is perfectly suited as a primary home, luxury vacation retreat, or waterfront escape. Simply arrive, unpack, and begin enjoying the very best of St. Pete Beach living.
Unit Size
2,622 Ft²
Days on Market
372 days
Land Size
0.23 acres
Price per sqft
$782
Property Type
House
Property Taxes
$2,149
HOA Dues
-
Year Built
1967

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Last updated: 2 days ago (Stellar MLS #TB8428390)

Price History

Date / Event Date Event Price
Sep 30, 2026 Sold
Sold
Aug 17, 2026 In contract -
In contract
Jun 6, 2026 Price Decreased $2,050,000
↓ $25K (1.2%)
Price Decreased
Mar 18, 2026 Price Decreased $2,075,000
↓ $25K (1.2%)
Price Decreased
Oct 29, 2025 Price Decreased $2,100,000
↓ $150K (6.7%)
Price Decreased
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Property Highlights

Garage
Air Conditioning
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1998
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 12
  • Building Style: 25
  • Exterior Walls Type: 2
  • Interior Walls Type: 17
  • Roof Shape Type: 7
  • Roof Cover Type: 4
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 436
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 77
  • Pool Type: 8
  • Location Influence Type: 128

    Dimensions

  • Lot Size Square Feet: 9,901
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 900
  • Total Building Area: 3,422
  • Gross Building Area: 3,422
  • Building Area: 2,622
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,622
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BRIGHTWATER BEACH
  • Land Acres: 0000000227
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: BRIGHTWATER BEACH ESTATES FINAL ADD LOT 5

Neighborhood

  • School District Name: Pinellas County School District
  • School Tax School District: 0009, 0010
  • Census Tract: 028005

Geography

  • Assessors Map Reference: 285C
  • Account Number: R68471
  • District: SPB
  • Subdivision Tract Number: 11448
  • Parcel: 06-32-16-11448-000-0050
  • Lot: 5
  • Meridian: SEC 6 TWN 32S RNG 16E
  • Municipality: ST PETE BEACH
  • Latitude: 27.7345
  • Longitude: -82.7346

    Address

  • Full Address: 509 55th Ave
  • Address - House Number: 509
  • Address - Street Name: 55th
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: St Pete Beach
  • Carrier Code: C003
  • 4-Digit Zip Code: 2312
  • Zip Code: 33706

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,135,194
  • Tax Rate Code Area: SPB

    Appraisal Valuation

  • Standard Deviation: 0.2036
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 72
  • Final Value: 2,080,178
  • High Value: 2,503,760
  • Low Value: 1,656,596

    Market Valuation

  • Market Total Value: $1,717,744
  • Market Land Value: $1,378,954
  • Market Improvement Value: $338,790

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,717,744
  • Assessed Land Value: $1,378,954
  • Assessed Improvements Value: $338,790

    Sales

  • Current Sale Contract Date: Aug 17, 2017
  • Current Sale Recording Date: Aug 25, 2017
  • Current Sale Price:
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 2017264181
  • Previous Sale Recording Date: Feb 21, 2017
  • Previous Sale Contract Date: Feb 21, 2017
  • Previous Sale Amount: $627,700
  • Previous Sale Document Type: 69
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Brightwater


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Nearby Rentals

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52 45th Avenue, ST PETE BEACH, FL, 33706 Listing by Ana Exposito
Unit for rent at 5 82nd Avenue, FL, 33706

$4,400 /mo

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5 82nd Avenue, FL, 33706 Listing by Kelly Pillon
Unit for rent at 4950 Gulf Boulevard, ST PETE BEACH, FL, 33706

$4,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,500 ft²
4950 Gulf Boulevard #404, ST PETE BEACH, FL, 33706 Listing by Keith Slater


Frequently Asked Questions

When was property at 509 55th Avenue built and last sold?
The property at 509 55th Avenue was built in 1967 and last sold on Aug 17, 2017 for $1,070,000.
How much is this home worth?
The estimated value of the home located at 509 55th Avenue is $2,100,261.
What are some comparable homes to 509 55th Avenue?
There are currently no comparable homes to 509 55th Avenue.