404 Canal Street, Tarpon Springs, FL 34689

$1,525,000

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List Price
$1,525,000
Status
ACTIVE
Days on Market
192
MLS#
W7882220
Subtype
Land
Lot Size
29,098
Acres
0.67
Subdivision
Cocoris & Alefantis Sub
MLS Area Major
Tarpon Springs

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.

Additional Information

Financing
Cash, Conventional
Community Features
No Deed Restriction
Zoning
RM-15

Listing courtesy of TARAPANI BANTHER & ASSOC LLC.

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Calculator source: Real Geeks

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