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20 W Morgan St - MLK/MORGAN DEVELOPMENT
0.43 - 0.57 Acre Commercial Land Lots Offered at $500,000 Per Lot in Tarpon Springs, FL 34689
Investment Highlights
- Located Just Off of Busy Road
- Full Corner of Land Close to Downtown Tarpon Springs
- Prime Location for Development Opportunity
- Heavy Car & Foot Traffic
- Area/Surrounding Areas Developing Quickly
Executive Summary
Disclaimer: All information below is Public Information provided by: The City of Tarpon Springs.
It is expected that Persons of Interest will do their own due diligence as all information
below may be subject to change.
Property 1:
Address: 25 W Martin Luther King JR DR, Tarpons Springs, FL 34689
(24,938 sf | 92x135 & 92x135 Double Lot-Curb to Curb)
Property Type: SFH on .5 Acre of Land
Spring Bayou T4D
Property Use Code: 0110 - Single Family Home
Special Area Plan | Commercial General | Follows Tarpon Springs City Smart Codes
Density: Up to 15 units per acre
Potential development:
-Townhomes Permitted by Right
-Apartments Under Conditional Use (W/Appropriate Use-Public Hearing)
Property 2:
Address: 25 W Martin Luther King JR DR, Tarpons Springs, FL 34689
(18,774sf | 138x135)
Property type: Vacant Land (Fenced in)
Investor Highlights
South Pinellas Ave Character District T5A
Property Use Code: 1090 - Vacant Commercial Land w/XFSB
Special Area Plan | Commercial General | Follows Tarpon Springs City Smart Codes
Density: Up to 15 units per acre
Non-Residential 4 Area Ratio: 0.55
Potential development:
-Townhomes Permitted by Right
-Apartments Under Conditional Use (W/Appropriate Use-Public Hearing)
Property 3:
20 W Morgan St, Tarpons Springs, FL 34689
(18,770sf | 138x135)
Property type: Vacant Land
South Pinellas Ave Character District T5A
Property Use Code: 2544 - Commercial Laundry & Dry Cleaner (not coin laundry)
Special Area Plan | Commercial General | Follows Tarpon Springs City Smart Codes
Density: Up to 15 units per acre
Non-Residential 4 Area Ratio: 0.55
Potential development:
-Townhomes Permitted by Right
-Apartments Under Conditional Use (W/Appropriate Use-Public Hearing)
Property Facts
3 Lots Available
Lot 10,11,2223
| Price | $500,000 | Lot Size | 0.57 AC |
| Price Per AC | $873,365 |
| Price | $500,000 |
| Price Per AC | $873,365 |
| Lot Size | 0.57 AC |
Curb to Curb, Tarpon Springs, Just Off of Main Road (Alt 19/S Pinellas Ave) Structure(s): 3/1 SFH (could be utilized as Leasing Office etc.) / Greenhouse / Single-Space Carport (All on MLK Side of Lots) Land Condition: Kept, Public Sewer/Water
Lot 7, 8, 9
| Price | $500,000 | Lot Size | 0.43 AC |
| Price Per AC | $1,160,114 |
| Price | $500,000 |
| Price Per AC | $1,160,114 |
| Lot Size | 0.43 AC |
1 of 2 for full Curb to Curb, Tarpon Springs, Just Off of Main Road (Alt 19/S Pinellas Ave) Structure(s): None Land Condition: Kept, Fenced, Vacant, Utility Pole on Property
Lot 24, 25, 26
| Price | $500,000 | Lot Size | 0.43 AC |
| Price Per AC | $1,164,706 |
| Price | $500,000 |
| Price Per AC | $1,164,706 |
| Lot Size | 0.43 AC |
2 of 2 for full Curb to Curb, Tarpon Springs, Just Off of Main Road (Alt 19/S Pinellas Ave) Structure(s): Commercial Structure not in Use 2,071sqft Land Condition: Kept
Description
Total of three Parcels for sale in Tarpon Springs for a total of 62,486sqft or 1.43 acres of land for development. Prime location.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $7,908 | |
| Land Assessment | $332,544 | Total Assessment | $340,452 |
PROPERTY TAXES
zoning
| Zoning Code | CG, R-100 (General Commercial, Residential Single family) |
| CG, R-100 (General Commercial, Residential Single family) |
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SYNECIA VALDEZ -
Charles Rutenberg Realty, Inc
Presented by
20 W Morgan St - MLK/MORGAN DEVELOPMENT
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