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$2,400,000
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Property Description
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.
Full Property Details
Full Property Details for 7308 Sunset Way
General
- Sold For: $2,400,000
- Taxes: $7,960 (2024)
- Status: Closed
- Type: Commercial
- Source: MidFloridaRegionalMLS
- MLS ID: O6280857
- Added to Site: 341 day(s) ago
Location
- Area: 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
- County: Pinellas
- Development Name: 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
- Subdivision: ST PETERSBURG BEACH SUB
- Driving Directions: From I-275 South (Tampa/St. Petersburg): 1. Take Exit 17 for Pinellas Bayway/FL-682 W toward St. Pete Beach. 2. Continue on FL-682 W (Pinellas Bayway) for 5.5 miles. 3. Turn right onto Gulf Blvd and drive 1.2 miles. 4. Turn left onto 73rd Ave, then immediately turn right onto Sunset Way. 5. The property is on the left, directly along the waterfront.
Community
- Community Name: 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
- Management Type: Owner Manager
- Mgmt. Company: Owner Manager
Heating & Cooling
- Cooling Type: None
Structural Information
- # Buildings: 1
- Exterior Const.: Other, Wood Frame
- Square Feet: 2,394
- Living Area: 2,394 Sq. Ft.
- Year Built: 1945
Lot Features
- Lot Size (Acres): 0.48
- Lot Size (Sq. Ft.): 20,908
- Lot Size: 20908
- Lot Dimensions: 44 x 88
- Frontage: City Street
- Street/Road Desc.: Asphalt
Water Features
- Water Front: Yes
- Water Access: Yes
- Water Access Desc: Bay/Harbor, Gulf/Ocean to Bay
- Water Extras: Yes
- Water Front Desc.: Gulf/Ocean
Financial Considerations
- Tax Amount: $7,960.19
- Tax Year: 2024
Disclosures and Reports
- Ownership: Partnership
- Special Conditions: None
- Legal Description: NW'LY 41FT OF SE'LY 141FT OF UNPLATTED TRACT LYING W OF SUNSET AVE & S OF 74TH AVE
- Flood Zone Info: VE
- APN: 363115000003100500
- Property ID: 363115000003100500
- Block/Lot/Section: 31
Listed and Sold by Compass Florida Llc
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Schools
Schools serving 7308 Sunset Way
School District:Pinellas County School District
| Name | Grades | Distance |
|---|---|---|
Azalea Elementary School 1680 74th St N, St. Petersburg, FL 33710 | PK-5 | 3.4 mi |
Azalea Middle School 7855 22nd Ave N, St. Petersburg, FL 33710 | 6-8 | 3.7 mi |
Boca Ciega High School 924 58th Street South, Gulfport, FL 33707 | 9-12 | 3.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7308 Sunset Way
Date
Details
Price
Change
Source
1/12/2026
Sold
$2,400,000
-37.66%
MLS
8/08/2025
Price Reduced
$3,850,000
-13.48%
MLS
2/13/2025
Listed
$4,450,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7308 Sunset Way, Saint Pete Beach, FL 33706 (MLS# O6280857) is a Commercial property that was sold at $2,400,000 on January 12, 2026. Want to learn more about 7308 Sunset Way? Do you have questions about finding other Commercial real estate for sale in Pass A Grille Beach? You can browse all Pass A Grille Beach real estate or contact a Coldwell Banker agent to request more information.

