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INVESTMENT HIGHLIGHTS
- Permit-ready redevelopment opportunity with historic approval in place
- Wide range of permitted commercial, office, retail, and mixed-use options
- Flood Zone X with proximity to waterfront and adjacent trail systems
- AC-N Activity Center land use with Downtown Palm Harbor Form-Based Code zoning
- Located one parcel off Alternate 19 with strong visibility and access
- Ideal for owner-user, investor, or developer seeking near-term use and long-term upside
EXECUTIVE SUMMARY
Permit-ready redevelopment opportunity within Downtown Palm Harbor’s Activity Center – Neighborhood (AC-N) land use designation and Downtown Palm Harbor Form-Based Code (DPH-FBC) zoning. The property is fully approved by the historic department and ready for building permits for a three-unit townhome development consisting of three residences of approximately 2,000 square feet each. All impact fees have been paid, providing a meaningful time and cost advantage for the next owner. The site is improved with an existing structure that is ready for immediate use as a professional office with minimal renovation required. This allows an owner-user or investor to activate the property right away while preserving the approved redevelopment plan and long-term upside. Beyond the currently approved residential development, the AC Activity Center District allows for a wide range of permitted uses under municipal code, offering exceptional flexibility. Permitted uses include office and professional services; retail and personal service businesses; grocery stores, markets, and pharmacies with or without drive-through service; clinics, medical and dental offices; financial institutions; eating and drinking establishments with or without outdoor dining (subject to code); fitness centers and studios; salons and spas; laundries; printing and copying services; private instruction and training facilities; veterinary and pet grooming facilities; artist studios and galleries; government and public facilities; automotive rental agencies, service stations, and car wash facilities; marine electronics sales and service; vehicle-for-hire services; and other neighborhood-serving commercial uses. Multi-family residential is permitted as a component of retail mixed-use development in accordance with the code. Located just one parcel off Alternate 19, the property benefits from strong visibility and access while avoiding direct highway frontage. Alternate 19 is a primary north–south corridor through northern Pinellas County, connecting Palm Harbor, Dunedin, Clearwater, and surrounding markets and supporting consistent traffic flow. The property is a short distance from the waterfront and adjacent trail systems, offering proximity to coastal amenities while remaining in Flood Zone X. Minutes from the vibrant downtown districts of Palm Harbor and Dunedin, the location is surrounded by dining, retail, breweries, marinas, and year-round activity, with continued reinvestment supporting both immediate use and future redevelopment. This offering is ideal for a builder, investor, or owner-user seeking a permit-ready project with paid impact fees, immediate office usability, and long-term flexibility under one of Palm Harbor’s most progressive zoning frameworks.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Building Size
1,008 SF
Building Class
C
Year Built/Renovated
1951/2011
Price
$549,000
Price Per SF
$544.64
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,008 SF
Building FAR
0.12
Lot Size
0.20 AC
Zoning
Commercial - Downtown Palm Harbor’s Activity Center – Neighborhood (AC-N) land use designation and Downtown Palm Harbor Form-Based Code (DPH-FBC) zoning.
Parking
5 Spaces (4.96 Spaces per 1,000 SF Leased)
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Rmt Construction
- -
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Rmt Construction | - | - | - | - |
Bike Score®
Very Bikeable (76)
PROPERTY TAXES
| Parcel Number | 01-28-15-88560-105-1700 | Improvements Assessment | $42,721 |
| Land Assessment | $132,279 | Total Assessment | $175,000 |
PROPERTY TAXES
Parcel Number
01-28-15-88560-105-1700
Land Assessment
$132,279
Improvements Assessment
$42,721
Total Assessment
$175,000
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