$5,000,000
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.
Listed by Bradley Meinck, PLL, .
Property Highlights
- Acres: 2.70
- County: Pinellas
- Year Built: 1985
- Cooling Type: Central Air
- Property Type: Commercial, Multi Family
- MLS #: U8223985
Property Features
| Construction Materials | Block |
| Cooling | Central Air |
| Interior Square Footage | 15,400 |
| Lot Size Acres | 2.7 |
| Lot Size Dimension | 415x282 |
| Lot Size Square Feet | 117,612 |