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404 Canal St - INFILL REDEVELOPMENT OPPORTUNITY! 1.2 Acres of Residential Land Offered at $1,525,000 in Tarpon Springs, FL 34689
Executive Summary
Over 1.2 acre of Grade A infill redevelopment site. With a multi family zoning of 15 units per acre this property is highly suitable for a prime townhome development. The opportunity with infill sites such as this, is not only rare but allows for existing charm of an established neighborhood. Red brick streets, water views, and walkability to everything Tarpon Springs sets this site above and beyond. This property currently has two buildings which make up 7 rental units, separately metered for power. There would be impact fee credits available to the buyer after demolition of the existing structures. The RM Zoning allows for a variety of uses above and beyond multi family.
Property Facts
| Price | $1,525,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 1.20 AC |
| Zoning | RM-15 | ||
| Price | $1,525,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 1.20 AC |
| Zoning | RM-15 |
1 Lot Available
Lot
| Price | $1,525,000 | Lot Size | 1.20 AC |
| Price Per AC | $1,270,833.33 |
| Price | $1,525,000 |
| Price Per AC | $1,270,833.33 |
| Lot Size | 1.20 AC |
1 1
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
70/100
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404 Canal St - INFILL REDEVELOPMENT OPPORTUNITY!
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