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About this home
423 55th Ave is a 1962-built home in Brightwater Beach Estates 1st Add, St Pete Beach. Inside you'll find 4 bedrooms, 4 bathrooms, and 3,513 square feet of living space. Listed at $1,900,000 (about $541/sqft), 70 days on market. Flood zone AE - confirm flood insurance requirements with your lender.
The hard part is already done. Deep-water access on Boca Ciega Bay, on Brightwater Beach, a 90x110 waterfront lot in Brightwater Beach Estates, and a 3,513 SF residence taken to a clean, professionally remediated shell. New roof (2025). New seawall and dock (2022) permitted marine construction, the most expensive and slowest component on any waterfront property. Complete new electrical. New HVAC. Full interior demolition and remediation, permitted and closed. Pool, spa, and mature landscaping in place. Those are the line items that break budgets and blow schedules here they’re finished, and roughly a year of timeline never comes out of your calendar. What’s left: your kitchen, baths, millwork, and finishes, in the layout you choose. 4BR/3.5BA, three-car garage, Gulf beaches minutes away. Waterfront in this pocket doesn’t arrive cleared and permit-current. This one does.
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The essentials
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Price history
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$1,900,000
$541 per sq ft
Beds and baths
4 beds, 4 baths
Size
3,513 sq ft
Time on market
70 days
Year built
1962
Monthly payment
About $12,504/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $19,741 annual tax bill, insurance.
Flood zone
Zone AE
That is a high-risk designation, so a lender will normally require flood insurance. Confirm the current rate before you write an offer.
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