500 9th Avenue S, Safety Harbor, FL 34695

$2,900,000
15,400
SqFt
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Sold Price
$2,900,000
List Price
$5,000,000
Status
Sold
Days on Market
232
Closing Date
Jan 03, 2025
MLS#
U8223985
Property Style
Multi-Family
Year Built
1985
Living Area
15,400
Lot Size
117,612
Acres
2.70
Total Acreage
2 to less than 5
MLS Area Major
Safety Harbor
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727-415-4982

Property Description

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.

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Additional Information

Taxes
$24212
Community Features
No Deed Restriction
Air Conditioning
Central Air
Exterior Construction
Block
Foundation
Slab
Pool
No Pool
Flood Zone Code
X
Parcel ID
04-29-16-00000-410-0600
Legal Description
FROM NE COR OF NE 1/4 OF SE 1/4 TH S 585FT(S) TH W 25FT FOR POB TH S 413.57FT TH W 389.12FT TH NE'LY 462.69FT TH E 181.16FT TO POB CONT 2.69AC(C)
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Listing courtesy of COASTAL PROPERTIES GROUP. 727-493-1555

Selling Office: STELLAR NON-MEMBER OFFICE.

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