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13400 Pine St SW - Pine Lake Landings

18.4 Acres of Commercial Land Offered at $5,650,000 in Largo, FL 33774

Investment Highlights

  • Large 18.4 acre tract 3 miles from beach.

Executive Summary

Previously approved for 207 Unit Multi-family townhome development (with a component of affordable housing).
Buyer pays broker commission, if applicable.
Latest information/full disclosure:
This property probably needs significant dirt mitigation. (No known environmental issues. Just buried concrete, asphalt and other debris.) This property was used as an infill site from the '60s until around 2004. See notes below. As is.
RESIDENTIAL: If you are looking to do residential, you should probably consider doing a multi-story building(s) rather than garden apartments. That way, you only have to mitigate the dirt under the actual structure rather than spread it around.
So, I am looking for a sale or partner who wants to develop as a solar farm, Conservation Easement, Bitcoin mining operation (with solar), Tiny Home community, modular home community or other development that simply uses the surface ground. If you or anyone you know is looking to do a creative project, I would be interested in a conversation.
Although the property is zoned for Multi-Family, I am not interested in pursuing that unless it is a quick sale. I would suggest that if you are a multi-family developer, you not waste your time because prior MF developers have determined that it is likely too expensive to mitigate the land at least for typical garden-style units - at least for now.
Please, let's not waste each other's time with no deposit/no earnest money, due diligence offers and LOIs.Under an NDA, we can provide reports for your up front due diligence.

Property Facts

Price $5,650,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Mixed Use
  • Distribution
  • Planned Unit Development
  • Self Storage
  • Agribusiness
Total Lot Size 18.40 AC

1 Lot Available

Lot

Price $5,650,000
Price Per AC $307,065
Lot Size 18.40 AC

18.43 contiguous acres of Vacant Land in Pinellas County just 3 miles from the beaches. PIMGE@YAHOO.COM

Description

VACANT LAND. 3 MILES FROM BEACHES. 98% OF PINELLAS COUNTY IS BUILT OUT. FEW PARCELS OF THIS SIZE LEFT. IF YOU ARE LOOKING FOR A "CLEAN AND EASY" DEAL, THIS IS NOT FOR YOU. IF YOU ARE SEEKING A PROPERTY WHERE YOU MAY NEED TO PUT IN SOME EXTRA WORK/MONEY TO MAKE IT WORK, WELL YOU SHOULD CONSIDER. IF YOU DEVELOP MULTI-FAMILY OR RESIDENTIAL AND YOU WORK WELL WITH PINELLAS COUNTY, MAYBE YOU COULD PUT TOGETHER A DEAL WITH THE COUNTY/STATE TO MITIGATE THE DIRT. USES (MAY NEED REZONING): MULTI-STORY RESIDENTIAL, WORK FORCE HOUSING, TOWN HOMES, SOLAR PARK; ATHLETIC FIELDS, TINY HOME DEVELOPMENT; MODULAR HOMES, SELF-STORAGE, ETC. "NO CONTINGENCY" OFFERS GO TO THE TOP OF THE LIST AND ONLY EARNEST MONEY OFFERS WILL BE CONSIDERED (NO LETTERS OF INTENT PLEASE). PREFER TEXTS OVER PHONE CALLS PLEASE.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
05-30-15-00000-440-0300
Land Assessment
$179,860
Improvements Assessment
$0
Total Assessment
$179,860

zoning

Zoning Code RPD-5 ; (7.5 w aff hsng) (Residential Planned Development)
RPD-5 ; (7.5 w aff hsng) (Residential Planned Development)
  • Listing ID: 28124206

  • Date on Market: 4/2/2023

  • Last Updated:

  • Address: 13400 Pine St SW, Largo, FL 33774

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