PRIME GULF OF MEXICO & INTRACOSTAL ACCESS with UNLIMITED POTENTIAL. Best of Both Worlds!! An exceptional opportunity to own a prime property with 60' beach frontage right on the Gulf of Mexico where the possibilities are as limitless as the views. This generously sized 15,200 sq. ft. (10,500 Usable) lot offers ample space for an exclusive custom estate or a multi-family income generating unit. Included is a dedicated space on the Intracoastal Waterway-ideal for building your own private dock and enjoying easy access to boating and water activities. The existing home, which previously housed multiple rental rooms/units is in need of a complete renovation or a teardown. It currently includes 8 bedrooms and 6.5 bathrooms. However, the true value lies in the land itself and its zoning for future development. With its strategic location on the Gulf and the Intracoastal, this lot offers potential for a grand single family home or a luxury multi-unit complex. Nestled in The "Narrows" you can enjoy access to world class beaches, boating, fishing and dining, with public transportation, the Jolley trolley stops right outside your front door. Whether you're an investor seeking long-term value or a discerning buyer ready to build your dream home this property is for you.
Financial Considerations
Price:
$5,500,000
HOA Fee:
N/A
Tax Amount:
$33642.88
Price per SqFt:
$361.98
Tax Legal Description:
INDIAN ROCKS BLK 4, LOT 1 & S 10FT OF VAC FRANCES ST & SUB LAND & VAC ST ON WEST
Exterior Features
Lot Size:
15194
Lot Features:
Buildable, CoastalConstruction Control Line, Near Marina, Near Public Transit, Paved