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$4,450,000 - 7308 Sunset Way, ST PETE BEACH

-
Bedrooms
-
Baths
2,394
SQ. Feet
0.48
Acres

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. 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.

Essential Information

  • MLS® #:
    O6280857
  • Price:
    $4,450,000
  • Bathrooms:
    0.00
  • Square Footage:
    2,394
  • Acres:
    0.48
  • Year Built:
    1945
  • Type:
    Commercial Sale
  • Sub-Type:
    Restaurant
  • Status:
    Pending

Community Information

  • Address:
    7308 Sunset Way
  • Area:
    Pass a Grille Bch/St Pete Bch/Treasure Isl
  • Subdivision:
    ST PETERSBURG BEACH SUB
  • City:
    ST PETE BEACH
  • County:
    Pinellas
  • State:
    FL
  • Zip Code:
    33706

Amenities

  • Is Waterfront:
    Yes
  • Waterfront:
    Gulf/Ocean

Interior

  • Cooling:
    None
  • # of Stories:
    1

Exterior

  • Foundation:
    Block

Additional Information

  • Days on Market:
    148
  • Zoning:
    CG-2

Listing Details

  • Listing Office:
    Compass Florida Llc

Listing information courtesy of Compass Florida Llc.

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Listing data comes from My Florida Regional MLS.

Listing information last updated on July 12th, 2025 at 11:49am EDT.