500 9TH AVE S Pending

Safety Harbor,FL 34695

$ 5000000

- Bed

0 Bath

15400 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 15,400 sqft

Price per Sqft $324

MLS Listing ID U8223985

HOA Y/N No

Originating Board Stellar MLS

Year Built 1985

Annual Tax Amount $24,212

Lot Size 2.700 Acres

Acres 2.7

Lot Dimensions 415x282

Property Description

Under contract-accepting backup offers. Calling all multi-family developers. This is a rare opportunity to redevelop a multi-family asset in Safety Harbor. Existing 15-unit apartment complex with below-market rents located in the City of Safety Harbor. These existing block buildings can offer income during the phased construction process. The seller has already performed a full tree survey, wetland delineation and civil/electrical site plan. The site was previously approved by the city for an additional 13-units on the vacant area of the parcel. The current configuration is ten 2 bedroom 2 bath and five 3 bedroom 2 bath. Some units have been remodeled.

Location

State FL

County Pinellas

Direction S

Interior

Cooling Central Air

Building

Story 2

Foundation Slab

Lot Size Range 2 to less than 5

Structure Type Block

New Construction false

Others

Ownership Partnership

Special Listing Condition None

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