Over 1.2 acre of Grade A infill redevelopment site. With a multi family zoning of 15 units per acre this property is highly suitable for a prime townhome development. The opportunity with infill sites such as this, is not only rare but allows for existing charm of an established neighborhood. Red brick streets, water views, and walkability to everything Tarpon Springs sets this site above and beyond. This property currently has two buildings which make up 7 rental units, separately metered for power. There would be impact fee credits available to the buyer after demolition of the existing structures. The RM Zoning allows for a variety of uses above and beyond multi family.
Financial Considerations
Price:
$1,525,000
HOA Fee:
N/A
Tax Amount:
$10210.52
Price per SqFt:
$52.41
Tax Legal Description:
COCORIS & ALEFANTIS SUB LOTS 6 THRU 9 & N 1/2 OF VAC ALLEY ADJ ON S TOGETHER WITH THAT PART OF LOTS 10 & 11 OF CHEYNEY'S, J.K. SUB & S 1/2 OF VAC ALLEY ADJ ON N ALL DESC BEG NW COR OF SD LOT 9 TH N60D20'E 198.8FT TH S13D57'E 153.5FT TH S76D03'W 185.9 6FT TH S13D57'E 44.31FT TH "N70D07'49""W 85.83FT TH" N20D36'E 116.87FT TO POB PER O.R. 21594/1438