0 Powers N
Palm Harbor, FL 34683
Townhomes at Alderman · Land For Sale · 1.00 AC

Site plan approved for 8 new townhomes. In the heart of Palm Harbor, at the corner of Alternate 19 and Alderman Road, the land owner is building a brand new shopping center anchored by Dunkin Donuts. They own the land directly adjacent to the center as well. The owner has decided to sell this piece, which is designed to be a new gated townhome community. All paving, curbing, landscaping, fencing, and gate for the community will be complete. All storm water retention will be done as well. All buyer would have to do is vertical construction of the townhomes themselves. Buyer can build 2 or 3 stories high if they desire. The townhomes are actually on a small lake / pond, so it has a nice waterfront view on the backside. We believe there is potential for a great ROI here. The price for the townhouse package is $130k per key for a fast sale. Property will be delivered to new owner around February 1, 2023. Total price would be 1,040,000.00 and must be sold as a lot.