$1,200,000
$1,500,000
20.0%For more information regarding the value of a property, please contact us for a free consultation.
9,147 Sqft Lot
SOLD DATE : 05/08/2024
Key Details
Sold Price $1,200,000
Property Type Vacant Land
Sub Type Residential
Listing Status Sold
Purchase Type For Sale
Subdivision Munro & Mc Intoshs Add
MLS Listing ID T3511611
Sold Date 05/08/24
Construction Status Inspections,No Contingency
HOA Y/N No
Originating Board Stellar MLS
Annual Tax Amount $9,097
Lot Size 9,147 Sqft
Acres 0.21
Lot Dimensions 64x146
Property Description
Calling all Developers and Builders! Luxury Townhome site available blocks from Downtown, Armature Works, and the Riverwalk. This RM-24 lot is approved for four townhomes. Site and Foundation permits are complete and ready to go. After a long permitting process, we were able to maximize the buildable area and have the east two units not have to face the Right-a-way on Highland Avenue. The main building on site has been demolished, just the back garage is left to be removed. Property faces the beautiful storybook round-a-bout park area on Highland Avenue. Townhome comps are selling for $493 a SF down the street (2116 N Highland Ave #D, sold 2/05/24). The building permit is still in progress so a buyer would have the opportunity to redesign the current plan to suit their budget. Currently the plan is for luxury townhome with elevators and rooftop balconies (Unit A - 2,675 SF, Unit B - 2,395 SF, Unit C - 3,087 SF, Unit D - 3,159 SF, Total - 11,316 SF) A buyer could build spec and sell at top dollar or cash flow as Airbnb assets! Please see renderings of current building plans. Survey and site plan are attached. Please Call Logan Payne with Payne Free Development LLC for further information.
Location
State FL
County Hillsborough
Community Munro & Mc Intoshs Add
Zoning RM-24
Exterior
Utilities Available BB/HS Internet Available, BB/HS Internet Capable, Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
Waterfront false
Building
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Construction Status Inspections,No Contingency
Others
Ownership Co-op
Special Listing Condition None
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Bought with SOUTHERN REALTY SERVICES LLC
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