$2,195,000 - 155 1st Street W, TIERRA VERDE

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.