109 14th Ave
St Pete Beach, FL 33706
The Cottages + Land · Spécialité Propriété À vendre · 2 041 pi²

Pass-A-Grille Investment & Development Opportunity | Legal Nightly Rental Triplex + Adjacent Buildable Parcel
A truly rare coastal investment opportunity in the heart of Pass-A-Grille, this offering presents the opportunity to acquire a legal nightly rental triplex at 109 14th Avenue along with the adjacent buildable parcel at 107 14th Avenue, creating a unique assemblage with immediate cash flow, future development potential, and significant long-term value appreciation.
Legal nightly rental properties in Pass-A-Grille represent one of the most limited and highly sought-after asset classes along Florida’s Gulf Coast. The existing triplex generates income from three accommodations while benefiting from the area's strong tourism demand, walkability, and enduring appeal as one of Tampa Bay’s premier beach destinations.
For investors, developers, and hospitality operators, the adjacent parcel creates exceptional flexibility for future expansion, redevelopment, additional guest amenities, outdoor gathering spaces, or the creation of a larger boutique hospitality concept, subject to all applicable approvals. The assemblage provides the rare opportunity to control multiple contiguous parcels in a market where redevelopment opportunities are increasingly scarce and barriers to entry continue to rise.
Positioned just steps from the Gulf of Mexico, historic 8th Avenue, waterfront restaurants, boutique retail, marinas, and Pass-A-Grille's renowned sunset attractions, this offering combines in-place income, future upside, and irreplaceable location fundamentals. Opportunities to acquire legal nightly rental inventory with adjacent development potential in Pass-A-Grille are exceptionally limited, making this a compelling acquisition for investors seeking both current yield and long-term strategic value.
Investment Highlights
Legal nightly rental triplex with established income potential
Adjacent buildable parcel available for assemblage
Rare opportunity to control contiguous properties in Pass-A-Grille
Strong tourism-driven rental demand
Potential for expansion, redevelopment, or enhanced hospitality use (subject to approvals)
Walking distance to beaches, restaurants, marinas, and retail
One of the most supply-constrained coastal investment markets in Florida
Immediate cash flow combined with long-term appreciation and development upside