Rarely available in Pinellas County, Residential Multifamily approved with industrial/commercial use! Offered at $2.6M with Seller retaining 4 units at completion of development. Owner/Seller Financing available to experienced and qualified developers. please inquire for details. One of a kind Urban Luxury Development opportunity for a local or regional builder(s)/developer(s) to secure a rare land entitlement. Approved site plan spans over 2.3 Acres calls for development of 29 exquisite luxury townhome residences, a reinforced steel auto storage area approved for 35 climate controlled Luxury Garage lofts with lifts, chic modern amenities such as a resort style pool, gazebo, seating and hosting space, private restroom area, lush tropical landscaping for privacy, green space for a play area and/or dog park, ample guest parking areas, and gated security access are some of the prominent features of this community that will guarantee prolific returns for the right investor. The seller(s) have spared no expenses over the last Three Years on the tedious planning, zoning, site plan, architectural plans, civil engineering, approval process, professional design studio elevations and renderings while working closely with the city, county, and local community to rezone the land. This project is in the final stages of approval and will be delivered with all entitlements offered in the renderings and site plan. The seller(s) have strategically not created an HOA-DECLARATION OF COVENANTS, BYLAWS, and Articles of Incorporation which allows flexibility to future owners to allow short term rentals or restrict to seasonal or long-term rentals for owners. This affords the new owner(s) the ability to control management, association fees, and several cost-effective and mitigating decisions of the project to maximize ROI. This rare offering allows for individual Phase pre-construction sales of each unit separately with its own deeded Luxury garage loft space. Alternatively, the new owners can develop and keep this Class A multifamily asset for long term cash flow, passive income, appreciation, and tax benefits. This is the first in class MF Urban luxury auto townhome project in all Pinellas County and Greater Tampa Bay area that cannot be compared to other generic townhome communities. The proposed floor plan for each 4 level luxury townhome which sits just under 45ft in height is composed of 405sqft on the ground floor with various design options such as a 1st floor primary on suite, level 2 features 696sqft, with the kitchen, dining, and living room area, level 3 features two more primary ensuite units with walk in closets, and laundry room, and level 4 boast its own primary suite with a private roof deck spanning just under 300sqft per unit. This opportunity will not last and will be available for a limited time as the current sellers may decide to keep the project and break ground in the future. Shown by appointment only. Additional information such as offer deadline, OM, Proforma, additional renderings, floor plans, will require a signed NDA, available upon request. All information presented in this listing should be independently verified by buyers/ buyer’s agent.
Property Details
Price:
$2,570,000
MLS #:
TB8300172
Status:
Active
Beds:
0
Baths:
0
Address:
9530 STARKEY ROAD
Type:
Land
Subdivision:
PINELLAS GROVES
Neighborhood:
33777 – Seminole/Largo
City:
SEMINOLE
Listed Date:
Sep 4, 2024
State:
FL
ZIP:
33777
Lot Size:
100,184 sqft / 2.30 acres (approx)
See this Listing
CENTURY 21 Carioti is a full service real estate company servicing the State of Florida with a headquarters in Orlando, FL.
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Schools
Interior
Exterior
Financial
Tax Year
2023
Taxes
$8,146
Map
Community
- Address9530 STARKEY ROAD SEMINOLE FL
- SubdivisionPINELLAS GROVES
- CitySEMINOLE
- CountyPinellas
- Zip Code33777
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Courtesy of LPT REALTY, LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Stellar MLS. All rights reserved.
9530 STARKEY ROAD
SEMINOLE, FL
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