3.10 AC on Anclote River Tarpon Springs, FL

Vacant Land for Sale
Catylist Listing ID: 30716074
Property Subtypes: Hospitality, Multi-Family, Retail, Vacation/Resort
Gross Land Area: 3.10 Acres
Sale Price: $2,250,000
Unit Price: $725,806 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/19/2021

Overview / Comments

Rare opportunity to develop a hotel along the Anclote river near the Sponge Docks and Downtown Tarpon Springs, FL. This site provides +/- 1.85 AC zoned GB with possibility of vacating a road adding another +/- 0.30 AC and includes +/- 1.25 AC of Land Conservation zoning along the Anclote River. The City of Tarpon Springs is encouraging the development of temporary lodging facilities by providing the increased density of 60 units/AC with a FAR of 1.2 and ISR of 0.90 which would allow for over 110 hotel rooms and possibly 129 if the road is vacated. Currently the Sponge Docks is a day trip form most tourist, and the area is needing a hotel as the closest hotel is over 2 miles away. is The GB District is established to provide for the development of a centralized commercial area where specialty retail, restaurant, office and residential uses are readily available. The site contains excellent visibility on Pinellas Ave just across from Capt’n Jacks Waterfront Grill and Tiki Bar. The site could be used for residential at 15 units/AC or approximately 28 units and possibly up to 32 units if the road is vacated. The traffic count is 11,900 vehicles per day.

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Pinellas
Tax ID/APN: 15 27 12 11214 001 0004
Property Located Between: N Pinellas Ave. & Conquina Drive.
Property Visibility: Excellent
Largest Nearby Street: N Pinellas Ave
Feet of Frontage: 440
Traffic/Vehicle Count: 11,900
Zoning Description: GB GB District is established to provide for the development of a centralized commercial area where specialty retail, restaurant, office and residential uses are readily available
In Flood Plain?: Yes
Topography: Gently Sloping

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,330 53,626 136,756
Median Age: 47.45 46.23 45.72
Households: 1,841 23,264 58,895

Contact

Photograph of Listing Agent

Will Kochenour III

Santek Management, LLC
CE-FL Member
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