Address
500 9th AVENUE S, SAFETY HARBOR, FL
Price
$ 5,000,000
Property Attributes
  • MLS#U8223985
  • TypeCommercial
  • CountyPINELLAS
  • CitySAFETY HARBOR
  • AreaSafety Harbor
  • Zip34695
  • StyleMulti Family
  • Year Built1985
  • Taxes$ 24212
  • Price$ 5,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage15400
  • Lot Size2.7 Acres
Data Source:
Stellar MLS
Property Description

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.

Price History
12/14/2023 Listed $5,000,000

General Features

Cooling Central Air
Construction Materials Block
Year Built 1985
Property SubType Multi Family
Tax Year 2022
Percent Ownership Partnership
County Pinellas
New Construction No
Property Type Commercial Sale
Status Active
Directions From McMullen Booth road heading North. Head north on McMullen Booth Rd toward Eastland Blvd. Turn left onto DR Martin Luther King JR Street North. Turn right onto 9th Ave N. Turn left onto Main St.
City SAFETY HARBOR
Buyer Agent Compensation 2.5%
MLS Area 34695 - Safety Harbor
Lot Size Square Feet 117612
Waterfront Y/N No
Street Name 9th
Tax Annual Amount 24212.23
Public Remarks 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 S
Virtual Tour https://www.propertypanorama.com/instaview/stellar/U8223985
Days on Market 56
Standard Status Active
Tax Lot 1
Legal Description FROM NE COR OF NE 1/4 OF SE 1/4 TH S 585FT(S) TH W 25FT FOR POB TH S 413.57FT TH W 389.12FT TH NE'LY 462.69FT TH E 181.16FT TO POB CONT 2.69AC(C)
Water Access Y/N No
Water View Y/N No

Interior Features

Total Stories 2
Air Conditioning Y/N Yes
Street Suffix AVENUE
LivingAreaSource Public Records
Living Area Units Square Feet

Exterior Features

Lot Size Area 2.7
Foundation Details Slab
Number of Buildings 3
Building Area Total 15400
Lot Dimensions 415 x 282
Lot Size Acres 2.7
Road Surface Type Asphalt
Lot Size Units Acres
Road Frontage Type City Street

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 34695

Price
AVG $2.77M
$5M
Taxes
AVG $13,462
$24,212
Visits
AVG 273
355
Data Provided by Inside Real Estate®
Year Built
AVG 1962
1985

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