1100 S MYRTLE AVE CLEARWATER, FL 33756
$1,100,000
Listed By Frank Aggio, PA, EQUITY PRO REALTY
0.83
Acres
COMMERCIAL
Zoning
Active
Status
MLS#
U8125125
Close to downtown Clearwater hard to find .833 acres 165 ft. frontage by 220 ft depth more or less of retail/services or combined mixed use development of residential & commercial use located in the Opportunity Zone of Clearwater. This property is also zoned for a commercial business only as well. Seller says he was informed by the City of Clearwater that you can build up to 24,000 sq. ft with a height of 30 ft. on the site. There is a possibility of 10 to 12 unit apartments and another 12,000 sq. ft of commercial space in a 3 story building on the site to lease based on a required mixed use ratio. This can provide a developer with a great opportunity for a steady stream of residential income from apartment rentals and also rent from commercial business such as a variety store, restaurant retail store etc. Owner had recent Environmental Phase 1 check done on property with a new survey. Buyer will need to contact the Planning and Zoning Department of Clearwater to verify a development for the mixed use ratio of residential to commercial space on this site. Note that seller will only allow 15 days due diligence and close within 45 days as property has already a Phase 1 Environmental report and new recent survey.
Details
*The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Listing Office EQUITY PRO REALTY, 727-442-6800
MLS# U8125125
Updated 7:06PM - 5/16/2022
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