Bought with STELLAR NON-MEMBER OFFICE
$2,900,000
$5,000,000
42.0%For more information regarding the value of a property, please contact us for a free consultation.
15,400 SqFt
SOLD DATE : 01/03/2025
Key Details
Sold Price $2,900,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 15,400 sqft
Price per Sqft $188
MLS Listing ID U8223985
Sold Date 01/03/25
HOA Y/N No
Year Built 1985
Annual Tax Amount $24,212
Lot Size 2.700 Acres
Acres 2.7
Lot Dimensions 415x282
Property Sub-Type Multi-Family
Source Stellar MLS
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.
Location
State FL
County Pinellas
Area 34695 - Safety Harbor
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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