UPDATED:
Key Details
Property Type Other Types
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Pinellas Groves
MLS Listing ID TB8482909
HOA Y/N No
Annual Tax Amount $8,146
Lot Size 2.300 Acres
Acres 2.3
Lot Dimensions 166x604
Property Sub-Type Mixed Use
Source Stellar MLS
Property Description
INVESTMENT HIGHLIGHTS:
Fully Entitled: Delivered with approved rezoning, civil engineering, surveys, and architectural renderings.
Unique Design: 3-4-story units featuring 1st-floor primary suites, expansive 2nd-floor living/kitchen areas, and 4th-floor penthouse suites with private 300 SF rooftop decks.
Total Flexibility: No HOA, Bylaws, or Covenants have been established yet, allowing the developer to control management fees and determine short-term vs. long-term rental policies to maximize ROI.
Upside Potential: Site plan allows for changes; explore the "Live Local Act" or affordable housing routes to potentially increase density.
Amenities: Approved for a resort-style pool, gazebo, dog park, lush tropical landscaping, and gated security access.
Develop and sell individual units with deeded garage spaces or hold this Class-A asset for long-term cash flow and appreciation. Shown by appointment only. NDA required for OM, Proforma, and full architectural sets.
Location
State FL
County Pinellas
Community Pinellas Groves
Area 33777 - Seminole/Largo
Exterior
Utilities Available BB/HS Internet Capable, Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Utility Pole, Water Available, Water Nearby
View Y/N No
Water Access No
Exposure Southeast
Building
Lot Description Buildable
Lot Size Range 2 to less than 5
Sewer Public Sewer
Water None
Others
Ownership Fee Simple
Acceptable Financing Cash, Conventional, Owner Financing, Private Financing Available
Listing Terms Cash, Conventional, Owner Financing, Private Financing Available
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8482909
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