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155 1ST STREET W

House For Sale
$2,195,000

BTC: 34.84126984

ETH: 1,257.15922108

47 days
Waterfront
2 bds
2 ba
2,400 sqft

Overview

One or more photo(s) has been virtually staged. Positioned on Tierra Verde's main channel with 85 feet of deep-water frontage, 155 1st Street West is a prime redevelopment opportunity, whether as a ground-up bespoke estate or a thoroughly reimagined residence. Sailboat-depth water runs along the main channel, providing the foundation for a private dock capable of accommodating large vessels, while views across the channel reach toward Isla del Sol and the Don CeSar, a Gulf Coast landmark since 1928. The elevated home experienced no flooding during Milton, though storm damage allowed water intrusion inside. The interior has since been professionally remediated and the roof completely repaired, leaving the new owner with a structurally sound canvas on a supreme waterfront lot — and the opportunity to select finishes and complete a custom residence at a fraction of the cost of new construction. The parcel's 85-by-150-foot footprint provides the depth to accommodate a substantial home without sacrificing outdoor living space. Situated deep within the no-wake zone, the property offers the rare combination of calm, protected water at the dock and wide open-water views across the channel. Northern exposure delivers natural light across the water throughout the day. Tierra Verde sits at the mouth of Tampa Bay, where protected bay waters open to the Gulf within minutes. The channel fronting this property connects directly to Egmont Key, the Sunshine Skyway anchorage, St. Petersburg's waterfront, and open Gulf waters beyond. Fort De Soto Park, encompassing 1,136 acres across five islands and consistently ranked among the country's finest beach parks, is minutes away by water or road. Pass-A-Grille and St. Pete Beach extend northward along the Gulf, offering additional access to the coastline that has defined Florida's west coast for generations. Downtown St. Petersburg, with its restaurants, galleries, the Dalí Museum, and the Mahaffey Theater, is a short drive north via the Pinellas Bayway. Both Tampa International and St. Pete/Clearwater Airports are easily reached via I-275. At 155 1st Street West, the scene is set. What rises from it is entirely yours to determine.

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1979
Lot:
0.29 Acres
Heating:
Central
Price/sqft:
$915
Cooling:
Central Air
HOA:
$188

Valuation

Our model vs. what's actually selling nearby.
Estimate
$892,500
$468K – $1.9M
Confidence Low
List vs. estimate
$1.3M above estimate
List $2,195,000 · +145.9%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$914
+43.7% vs. city median $636
Based on
22 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$8,495
2025
HOA
$188/yr
View
Water
Waterfront
Intracoastal Waterway
Garage
2 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Other

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • None

    Other interior features

    • Split Bedroom

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Bathrooms: 1

    • Full bathrooms: 2

  • Property

    • Levels: One

    • Exterior Features: Rain Gutters

    Lot

    • Lot: 0.29 Acres

    Other Property Information

    • Parcel Number: 173216908280170320

    • Zoning: R-1

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • BB/HS Internet Available

    • Cable Available

    • Electricity Connected

    • Sewer Connected

    • Water Connected

  • Other financial information

    • HOA: $188

    • HOA Frequency: Annually

    • Annual tax amount: $8,496

  • Source details

    • MLS ID: TB8499048

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Crawlspace

    • Fireplace Features: Wood Burning

    • Laundry Features: Inside / Laundry Room

    • Lot Features: FloodZone / Near Marina / Unincorporated

    • Patio And Porch Features: Front Porch / Patio / Rear Porch

    • Direction Faces: Southwest

    • Waterfront: Yes

    • Fireplace: Yes

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 2400

    • Water Source: Public

    • Lot Size Dimensions: 85 x 150

    • Subdivision Name: TIERRA VERDE

Private inquiry
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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 ©2026-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