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13750 Park Blvd
Seminole, FL 33776
Platted 9 townhomes ready to go vertical · Land For Sale · 0.55 AC

Investment Highlights

  • Development plan for 9 exquisite luxury townhome residences with short term rental ability
  • Flood zone X rating for very low risk for exposure to storm flooding
  • Quick, easy access to beaches, beach parking, dining, shopping, movie theatres and vibrant St. Petersburg downtown
  • 3 BR / 2.5 BA Units with solid block construction and other safety provisions against storms and flooding
  • Very strong income earnings potential.

Property Facts

Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Hold For Development
  • Planned Unit Development
Total Lot Size 0.55 AC
Zoning C-1 - Currently Neighborhood Commercial, site plan has been approved for 9-townhome units with addresses.

Description

Don't miss out on this incredible opportunity! This property is an assemblage of 3 parcels. Owner/Seller/Developer includes all current entitlements in the sale. This property is a pre-construction fully permitted gem to be built. Current development plan allows for construction of 9 luxury townhome units. All are luxury 3-bedroom/2-bath turn-key homes with significant income potential. Located just a half-mile from the pristine beaches of Florida's central gulf coast, this property boasts a prime location with easy public parking access to the beaches. You can reach the beach in a quick 10-minute walk or a 1-minute drive. This elegant property combines luxurious living with a lucrative income opportunity. One of the standout features of this property is its strong zone rating for flood insurance requirements, ensuring your investment is well-protected against the riskiest exposures, such as hurricanes. Safety and peace-of-mind come standard here. Inside, the existing construction plan for each home offers three spacious bedrooms, two full baths, and one half bath. With 9-foot volume ceilings and abundant natural light, it exudes lifestyle luxury. Car enthusiasts will appreciate the thoughtfully designed two-car garage, offering secure parking and ample storage space. The primary bath is adorned with the finest finishes, a spacious walk-in shower, and dual vanities. The versatility of the additional bedrooms allows one to adapt the space to their needs, whether as guest rooms, a home office, or any other purpose. Safety and durability are also built into the plan. The top priorities for the existing planned construction include solid block construction on all floors and highly rated ESW windows and doors to protect against storms and natural elements. Per the proforma metrics herein, unlock the income potential of this property with its sought-after location and impressive amenities. Situated near shopping, dining, and entertainment options, these residences offer convenience and luxury living at its finest. Owners and rental guests have quick access not only to silky sand beaches but also to downtown St. Petersburg and other vibrant metropolitan areas. World-renowned entertainment venues, arts, concerts, shows, and an award-winning international airport are just a short drive away, expanding one’s opportunities for exploration and adventure. Seize this chance to own residences with generous income-generating opportunities that encapsulate the essence of upscale living. Don't let this investment slip through your fingers! For those investors requiring a greater investment opportunity consisting of more entitled properties and land, listing agent has access to additional income opportunities. Ideal for robust short-term rental income with very attractive cap rates.

  • Listing ID: 29718287

  • Date on Market: 10/5/2023

  • Last Updated:

  • Address: 13750 Park Blvd, Seminole, FL 33776

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