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7308 SUNSET WAY

Commercial Active With Contract
$3,850,000

BTC: 128.33333333

ETH: 1,925.00000000

-$600K (2025/08/08)
103 days
Waterfront
0 room(s)
2,394 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

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.

Location

Facts and features

Type:
Commercial Sale
Parking:
No Data
Year Built:
1945
Lot:
0.48 Acres
Heating:
No Data
Price/sqft:
$1,608
Cooling:
None
HOA:
No Data
All facts and features
  • Cooling

    • None

  • Lot

    • Lot: 0.48 Acres

    Other Property Information

    • Parcel Number: 363115000003100500

    • Zoning: CG-2

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Restaurant

  • Other financial information

    • Annual tax amount: $7,960

  • Source details

    • MLS ID: O6280857

    Other facts

    • Construction Materials: Other / Wood Frame

    • Foundation Details: Block

    • Waterfront: Yes

    • Living Area: 2394

    • Lot Size Dimensions: 44 x 88

    • Subdivision Name: ST PETERSBURG BEACH SUB

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: COMPASS FLORIDA LLC