Welcome to this awesome waterfront development opportunity. This waterfront lot is situated in unincorporated Seminole and is .38 acres in size. With approximately 170 feet of seawall and a private boat ramp with direct access to the Intracoastal Waterway and Gulf of Mexico, this opportunity is rarely available. The lot lines extend past the seawall out into the water on two sides. The county has indicated this property is zoned RPD 7.5 (7.5units per acre) and could possibly support up to 3 residential units with a new Development Master Plan. Currently the lot is zoned for 1. One house 2. Duplex or Triplex units on one single parcel. Buyer must verify development through Pinellas County. Not ready to build right away? The boat/trailer storage lot currently collects ~$700 per month and could easily generate more income. This may be one of the last undeveloped waterfront lot with water access left in Seminole, hurry do not miss this one!The owner is repairing the Seawall and they hired a company to do that>
Financial Considerations
Price:
$675,000
HOA Fee:
N/A
Tax Amount:
$825.17
Price per SqFt:
$40.52
Tax Legal Description:
PART OF NW 1/4 OF SEC 19- 30-15 DESC AS FROM SW COR OF SE 1/4 OF NW 1/4 OF SD SEC TH N 416.7FT TH E 75.01FT FOR POB TH E 103.95FT TH ALG CUR LT CB S18DE 185.15FT TH W 124.01FT TH N 120FT TH W 50FT TH N 50FT TO POB