Catylist Listing ID: 30663102
Property Subtypes: Hospitality, Multi-Family, Residential (Single Family)
Gross Land Area: 0.40 Acres
Sale Price: $4,000,000
Unit Price: $10,000,000 Per Acre
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 7/23/2021

Overview / Comments

Vacant cornr lot .40-Acre Site located on the southwest corner of Mandalay & Somerset St. City approved for up to 20 condo/motel or 9 townhouses or 14 condos. 4 parcels

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Pinellas
Submarket Type: Redevelopment District
Tax ID/APN: 15 29 05 16362 002 0090
Property Located Between: Mandalay & Somerset
Property Visibility: Excellent
Legal Description: 05-29-15-16362-002-0060, 0070, 0080, 0090
Site Description: Corner lot
Area Description: Beach access - less than a mile to Clearwater Beach, pier and marina
Lot Frontage: 87
Lot Depth: 200
Development Name: Somerset
Available Utilities: Electric, Water, Sewer, Cable
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,763 45,736 147,693
Median Age: 59 45.64 46.78
Households: 1,492 20,853 66,974

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