Rarely available Gulf Blvd frontage property, across the street from the beach. Currently vacant land, graded and being used as a paid parking lot. Two contiguous, platted lots, each is 40’ wide x 83’ deep (80'w x 83' deep total). Current zoning is C3 - Retail Commercial allowing for flexible uses: retail/commercial/residential/hotel. Also of note is that short term rentals are permitted in this zoning category. Recently reduced front setbacks (now 10') allow for a larger building envelope. This would make a great place for live/work units, retail or small hospitality use. Site has been graded, has large curb-cut and sits ready for redevelopment. Water, sewer and electric service is in place and ready to connect. 80’ of Gulf Blvd frontage, Located in the heart of Madeira Beach. Avg Daily Traffic count approximately 22,000 (per Forward Pinellas) Surrounding properties include: hotel, retail, residential, condominiums. Beach access across the street. Owner financing may be considered as a first mortgage with substantial downpayment.
Financial Considerations
Price:
$1,900,000
HOA Fee:
N/A
Tax Amount:
$7669
Price per SqFt:
$281.61
Tax Legal Description:
GULF SHORES SUB BLK B, LOTS 8 AND 9 LESS RD R/W
Exterior Features
Lot Size:
6747
Lot Features:
Buildable, City Limits, Level, Near Public Transit, Sidewalk, Street Lights, Paved