500 9TH AVENUE S SAFETY HARBOR FL 34695 MLS #U8223985

500 9TH AVENUE S
SAFETY HARBOR, FL, 34695
$5,000,000
Beds
0 Baths
15,400 SqFt
2.7 Acres
$5,000,000
500 9TH AVENUE S
SAFETY HARBOR, FL, 34695
Calling all multi-family developers. This is a rare opportunity to redevelop a multi-family asset in Safety Harbor. Existing 15-unit apartment complex with below-market rents located in the City of Safety Harbor. These existing block buildings can offer income during the phased construction process. The seller has already performed a full tree survey, wetland delineation and civil/electrical site plan. The site was previously approved by the city for an additional 13-units on the vacant area of the parcel. The current configuration is ten 2 bedroom 2 bath and five 3 bedroom 2 bath. Some units have been remodeled.

Property Details

Price:
$5,000,000
MLS #:
U8223985
Status:
Active
Beds:
0
Baths:
0
Address:
500 9TH AVENUE S
Type:
Commercial
Subtype:
Multi Family
City:
SAFETY HARBOR
Listed Date:
Dec 14, 2023
State:
FL
Finished Sq Ft:
15,400
ZIP:
34695
Lot Size:
117,612 sqft / 2.70 acres (approx)
Year Built:
1985

Schools

Interior

Cooling
Central Air

Exterior

Construction Materials
Block

Financial

Buyer Agent Compensation
2.5%%
Tax Year
2022
Taxes
$24,212
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500 9TH AVENUE S
SAFETY HARBOR, FL