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407 S Saturn Ave - Gulf to Bay Redevelopment Site, Clearwater FL 2.29 Acres of Commercial Land in Clearwater, FL 33755
INVESTMENT HIGHLIGHTS
- Rare opportunity to redevelop 2+ acres with 250' frontage on Gulf to Bay Blvd.
- Existing improvements could be repurposed, but priced for redevelopment.
- North side of Gulf to Bay, just west of Keene Rd. intersection.
- Change to commercial zoning and land use designations will be completed by the end of 2024.
EXECUTIVE SUMMARY
North side (PM side) of Gulf to Bay, in area of new development with solid neighborhood back up.
PROPERTY FACTS Under Contract
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| Sale Condition | Redevelopment Project | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 2.29 AC |
| Property Type | Land | ||
| Zoning | Commercial General - City of Clearwater zoning and land use designations: Commercial General. | ||
| Sale Type | Investment or Owner User |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 2.29 AC |
| Zoning | Commercial General - City of Clearwater zoning and land use designations: Commercial General. |
1 LOT AVAILABLE
Lot
| Lot Size | 2.29 AC |
| Lot Size | 2.29 AC |
Fully developed site as church with school - improvements in poor condition. Prime commercial redevelopment site. Asbestos survey completed and demo bid in hand but will need to be verified.
DESCRIPTION
The leadership of St. Paul’s Lutheran Church has determined that their 2.29-acre campus, on Gulf to Bay Blvd., Clearwater, FL is no longer essential to the mission of the church. This conclusion leads to the unique opportunity to repurpose this property. The subject property is available for sale, subject to the final approval of the church leadership. Church leadership will consider the intended use, predictability of outcome and benefit to the community before entering into a definitive agreement. This property, located just west of the Keene/Gulf to Bay intersection, with street-to-street frontage on the main commercial corridor of Clearwater, is a high-profile redevelopment candidate.
PROPERTY TAXES
| Parcel Number | 14-29-15-00000-140-1900 | Improvements Assessment | $2,949,269 |
| Land Assessment | $1,142,400 | Total Assessment | $4,091,669 |
PROPERTY TAXES
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407 S Saturn Ave - Gulf to Bay Redevelopment Site, Clearwater FL
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