404 Canal Street, Tarpon Springs, FL 34689

$1,525,000
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List Price
$1,525,000
Status
Active
Days on Market
188
MLS#
W7882220
Lot Size
29,098
Acres
0.67
Total Acreage
1 to less than 2
Legal Subdivision Name
Cocoris & Alefantis Sub
MLS Area Major
Tarpon Springs
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(727) 301-7855

Property Description

Over 1.2 acre of Grade A infill redevelopment site. With a multi family zoning of 15 units per acre this property is highly suitable for a prime townhome development. The opportunity with infill sites such as this, is not only rare but allows for existing charm of an established neighborhood. Red brick streets, water views, and walkability to everything Tarpon Springs sets this site above and beyond. This property currently has two buildings which make up 7 rental units, separately metered for power. There would be impact fee credits available to the buyer after demolition of the existing structures. The RM Zoning allows for a variety of uses above and beyond multi family.

(727) 301-7855
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Additional Information

Taxes
$10210
Community Features
No Deed Restriction
Zoning
RM-15
Utilities
Cable Available
Pool
No Pool
Flood Zone Code
AE
Parcel ID
12-27-15-16902-000-0060
Legal Description
COCORIS & ALEFANTIS SUB LOTS 6 THRU 9 & N 1/2 OF VAC ALLEY ADJ ON S TOGETHER WITH THAT PART OF LOTS 10 & 11 OF CHEYNEY'S, J.K. SUB & S 1/2 OF VAC ALLEY ADJ ON N ALL DESC BEG NW COR OF SD LOT 9 TH N60D20'E 198.8FT TH S13D57'E 153.5FT TH S76D03'W 185.9 6FT TH S13D57'E 44.31FT TH "N70D07'49""W 85.83FT TH" N20D36'E 116.87FT TO POB PER O.R. 21594/1438
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Listing courtesy of TARAPANI BANTHER & ASSOC LLC. 727-201-0085

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