$475,000
Flexible Financing: Owner/Seller will consider owner/seller financing for experienced builders/developers, requiring a 50% minimum down payment. Three vacant commercial lots offering 152 feet of frontage off MLK JR street and 50 feet of frontage off Seminole street. Vacant land is sold "as-is" with all proposed mixed use commercial and residential plans. proposed plans call for three OFFICE/MEDICAL/Restaurant store front ( above 2000sqft) on the first floor and Three one bedroom/ one bathroom dwelling units on the second floor.
The site is ideally located near major thoroughfare Gulf-to-Bay and sits within the burgeoning commercial area experiencing spillover effects from the massive public and private investment into Downtown Clearwater. This location provides a gateway to the new developments shaping the city: Downtown Renaissance: Clearwater is undergoing a major "urban renaissance" with a large-scale construction boom. High-Profile Projects: Recent and upcoming developments include a 10-story, 158-room hotel (Ballad Hotel), a 28-story, 400-unit luxury apartment complex (The Bluffs) with retail space on the former City Hall site, and a new public parking garage featuring 12,000 square feet of ground-floor retail. Community Investment: The area benefits from the recently opened Coachman Park and BayCare Sound amphitheater, which has generated a huge influx of visitors. Additionally, Pinellas County plans to relocate, opening up over 24.5 acres of downtown government properties for future redevelopment.
The property is zoned Commercial and is situated within the North Greenwood CRA. Vacant land is sold "as-is" with all rights and entitlements to the proposed conceptual plans calling for increased density and mixed-use development:
Proposed Mixed-Use: Conceptual plans detail three substantial ground-floor commercial units (Office/Medical/Restaurant/Retail, each above 2,000 sqft) and three one-bedroom residential dwelling units on the second floor.
User/Investor Ready: An ideal opportunity for an owner-user seeking commercial space supported by residential/commercial rental income, or a pure investor looking to build and lease all units. Buyer/Buyer's agent to verify all offering materials and conduct own due diligence.
***please use 700 N Martin Luther King Jr Ave. Clearwater, FL 33755 as a reference address to find neighboring vacant commercial land***Seminole street Clearwater, FL Call or Text for more info. Seller has proposed build plans however NO PLANS Approved yet
Pine Crest Sub
SubDv.
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33755
Zip Code
Seminole Street, Clearwater