by Global Lifestyle Properties

See Home Value
$1,100,000
● House - Off Market

7121 BAY STREET

ST PETE BEACH, FL 33706
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,704 Ft²
$7,728
Est. Monthly
1.34%
Cap Rate

About This Property

Private Backyard & WOW Waterfront Paradise with Endless Potential in St. Pete Beach

Enjoy the rare combination of a private backyard and stunning waterfront views-all in the heart of St. Pete Beach! Wake up to breathtaking panoramic views of Boca Ciega Bay-stretching all the way to downtown St. Pete. This deep-water property is a dream for boaters, water lovers, and visionary buyers. Whether you're looking to restore the current home to its full glory or start fresh with a custom build, this is the perfect canvas.

Situated on a generous 75' of private waterfront with a seawall and dock, this home offers direct access for boating, fishing, and dolphin watching right from your own secluded backyard. Enjoy your morning coffee with pelicans overhead, take a sunset cruise, or stroll just 3 blocks to Corey Avenue for shopping, dining, entertainment, and the popular Sunday Morning Market.

The property sits on a spacious 75x140 (10,502 sqft) lot in the heart of St. Pete Beach, steps from the Gulf. The existing 1,704 sq. ft. home includes 3 bedrooms and 2 baths. The backyard is surrounded by mature landscaping, offering exceptional privacy for relaxation or entertaining. The home did take on water during Hurricane Helene, but FEMA has designated it non-substantial damage, meaning you can either remodel the existing structure or build new.

This location offers the best of Florida living-just off Gulf Blvd, minutes to sandy beaches, vibrant restaurants, beach bars, live music, and world-class sunsets.

Highlights:

Private backyard with mature landscaping for exceptional privacy

75' deep-water frontage with dock & seawall

Prime location on Boca Ciega Bay with downtown St. Pete views

Large 10,502 sqft lot (75x140)

Non-substantial FEMA designation-remodel or rebuild

Walk to Corey Avenue, restaurants, shopping, and beaches

Enjoy the Sunday Morning Market on Corey Ave, only 3 blocks away

Priced at land value, sold AS-IS. Whether you're a builder, investor, or dreamer, this is your chance to create your ultimate coastal retreat in one of the most sought-after areas of St. Pete Beach. Paradise awaits!
Unit Size
1,704 Ft²
Days on Market
72 days
Land Size
0.24 acres
Price per sqft
$719
Property Type
House
Property Taxes
$1,712
HOA Dues
-
Year Built
1951

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Cap Rate Calculator

Last updated: 12 months ago (Stellar MLS #TB8412363)

Price History

Date / Event Date Event Price
Nov 20, 2025 Sold
Sold
Nov 2, 2025 In contract -
In contract
Oct 10, 2025 Price Decreased $1,225,000
↓ $75K (5.8%)
Price Decreased
Sep 9, 2025 Listed by COLDWELL BANKER REALTY $1,300,000
Listed by COLDWELL BANKER REALTY
May 19, 2015 Sold
Sold
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Property Highlights

With View

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1993
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • 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: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 69
  • Porch Type: 102
  • Pool Type: 8
  • Location Influence Type: 128

    Dimensions

  • Lot Size Square Feet: 10,672
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,840
  • Gross Building Area: 1,840
  • Building Area: 1,704
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,704
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BAYSIDE 2ND ADD TO
  • Land Acres: 0000000245
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: BAYSIDE 2ND ADD TO ST PETE BEACH BLK A, LOT 9

Neighborhood

  • School District Name: Pinellas County School District
  • School Tax School District: 0009, 0010
  • Census Tract: 028006

Geography

  • Assessors Map Reference: 275
  • Account Number: R400031
  • District: SPB
  • Subdivision Tract Number: 5112
  • Parcel: 36-31-15-05112-001-0090
  • Block: A
  • Lot: 9
  • Meridian: SEC 36 TWN 31S RNG 15E
  • Municipality: ST PETE BEACH
  • Latitude: 27.7419
  • Longitude: -82.7461

    Address

  • Full Address: 7121 Bay St
  • Address - House Number: 7121
  • Address - Street Name: Bay
  • Address - Suffix Type: St
  • State: FL
  • City Name: St Pete Beach
  • Carrier Code: C005
  • 4-Digit Zip Code: 1926
  • Zip Code: 33706

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,636,331
  • Tax Rate Code Area: SPB

    Appraisal Valuation

  • Standard Deviation: 0.2036
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 72
  • Final Value: 1,549,893
  • High Value: 1,865,495
  • Low Value: 1,234,292

    Market Valuation

  • Market Total Value: $1,449,006
  • Market Land Value: $1,257,726
  • Market Improvement Value: $191,280

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,449,006
  • Assessed Land Value: $1,257,726
  • Assessed Improvements Value: $191,280

    Sales

  • Current Sale Contract Date: May 15, 2015
  • Current Sale Recording Date: May 19, 2015
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2015142182
  • Previous Sale Recording Date: Nov 30, 2000
  • Previous Sale Amount: $290,000
  • Previous Sale Document Type: 71
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 St. Pete Beach


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Frequently Asked Questions

When was property at 7121 Bay Street built and last sold?
The property at 7121 Bay Street was built in 1951 and last sold on May 15, 2015 for $650,000.
How much is this home worth?
The estimated value of the home located at 7121 Bay Street is $1,218,668.
What are some comparable homes to 7121 Bay Street?
There are currently no comparable homes to 7121 Bay Street.