Madeira Beach Redevelopment site. Zoning C3. Land Use ROR/0822. Potential for single family, multifamily, townhomes, condo, hotel, mixed use. Beach Access on each corner with designated and lighted crosswalks. Nearly 3/4 of an Acre of prime property ready for redevelopment with 150’ of frontage on Gulf Boulevard and on 1st Street. Five income producing units currently exist on site with month-to-month tenants. Listing price is appropriate for redevelopment and not reflective of current rental income. Rental income could help to cover carrying costs during planning and permitting process. Survey, Zoning Package, Current Income and Expense Summary available. Seller is also willing to share plans for a boutique hotel designed for this site.
Listing courtesy of SMITH & ASSOCIATES REAL ESTATE.
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