Rare, once in a lifetime opportunity in the brick streets of the Main Street Market Place (MSM) of downtown Safety Harbor. What a gem! Rare double lot (116 x 120, .32 acres) with 2 fronts and steps from Main Street. High and dry (Flood zone X) and nestled between the city's great restaurants and shops and a few blocks from the sparkling waters of Tampa Bay. The development opportunities are endless. Zoned MSM (Main Street MarketPlace) in Safety Harbors coveted community redevelopment district this parcel has opportunities galore. Mixed use, commercial, multifamily, and retail are just some of the possibilities. The city has already added to the value of this property by adding several aesthetically pleasing parking spots that will be credited towards future use/development if needed. Current development plans are for a 3 story, multi unit luxury condo building with a private rooftop terrace area that has incredible views of downtown and water. 35 ft height limit with extra 5 ft for parapet walls or similar (please see city code), FAR is 1.00 and max. density is 100 dwelling units per district so there is plenty of room to go up! 0 side setbacks. City is offering design incentives. 2 beautiful oak trees line the frontage facing 2nd Street and the current building plans bring them into part of the design with collaboration from city and a private arborist.. Community meeting for current multifamily plans has already taken place. Phase 1 has already been completed and is available on request. Construction plans are ready to begin. Keep the current multifamily development plans or go with your own development design. 15 min. to Tampa International Airport. 10 minutes to St. Pete (PIE) Airport, 15 min to downtown Tampa. 15 min to downtown St. Pete. 15-20 min to Clearwater Beach. Owner financing is a consideration. Owners are also open to other forms of partnerships/JV/consulting possibilities. For purchase with or without current building plans. Curren price is without plans. Broker has interest in the property. All information is to be verified by buyer.

Listing courtesy of RED STILETTO GLOBAL ENTERPRISE



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Data last updated at: 2023-03-23 05:25 PM EDT