Active

$799,900

Features:
  • Bedrooms
  • 0 Bathrooms
  • sq ft
Overview
  • ID: MFRTB8466277
  • Bedrooms:
  • Bathrooms: 0
  • Size: sq ft
Property Details
Remarks
15 unit Residential development opportunity. This listing includes a legally non-conforming property currently operating as a pizza restaurant. The existing legally non-conforming use is under a Commercial Condo designation. The property consists of two parcels, with current zoning/land use designated as Recreational on one parcel and Medium Residential on the other according to the City of Largo. According to the City’s Planning Department, the only path to a fully conforming use for both parcels would be to have both parcels zoned Medium Residential, which would require rezoning the parcel currently designated Recreational. Once fully rezoned, the property may support a multifamily residential density of up to 15 units per acre and development potential of up to four (4) stories (buyer to verify). Potential development options may include townhomes, apartments, condos, or smaller multifamily configurations such as duplexes, triplexes, and fourplexes. This sale includes both parcels at this address. A unique feature of this property is its proximity to Taylor Park, along with the redevelopment of the former golf course behind the site, which the City of Largo is converting into a water management district, with plans to ultimately create a walking park/greenspace.
Financial Considerations
Price:
$799,900
HOA Fee:
N/A
Tax Amount:
$3159.12
Price per SqFt:
$18.18
Tax Legal Description:
PINECREST CLUBHOUSE COMMERCIAL CONDO UNIT 1
Exterior Features
Lot Size:
44000
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
N/A
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
N/A
Cooling:
N/A
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
N/A
Style:
N/A
Year Built:
N/A
Construction Type:
N/A
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    1200 8TH AVE SW #1
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