INVESTMENT OPPORTUNITY!! CORNER LOT 150 X 50-ROOM TO BUILD 2 TOWNHOMES OR A 2ND HOME OR 6 STORY CONDO!! MIXED USE RESIDENTIAL/RETAIL. WONDERFUL OPPORTUNITY TO OWN A BRAND NEW INCOME PRODUCING HOME IN THE VERY HOT TARPON RIVER NEIGHBORHOOD WHICH IS UNDERGOING EXCITING REDEVELOPMENT! NEW CONSTRUCTION HOME IS CURRENTLY RENTED AT $5000 PER MONTH, PERFECTLY DESIGNED WITH HIGH END FINISHES WITH TREMENDOUS DEVELOPMENT POTENTIAL IN THE FUTURE TO BUILD ON THE OTHER SIDE OF THIS LOT! RIGHT OFF THE NEW RIVER AMIDST EXPANDED RIVERWALK PROJECTS INCLUDING RAINTREE RIVERWALK RESIDENCES TO BE COMPLETED IN 2024! PER SELLER, ZONING ALLOWS FOR UP TO 6 STORY STRUCTURE ON PROPERTY. ZONED RAC-SMU MIXED USE INCL RESIDENTIAL & COMMERCIAL DEVELOPMENT. TENANT MAY NOT BE DISTURBED....PLEASE CALL FOR MORE DETAILS!
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Listing Office: Distinctive Florida Realty Inc