Port Richey Re-Development Waterfront Site

Vacant Land for Sale
Catylist Listing ID: 29995366
Property Subtypes: Multi-Family, Office, Residential (Single Family)
Gross Land Area: 41,957 SF
Sale Price: $575,000
Unit Price: $13.70 PSF
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/17/2017

Overview / Comments

Opportunity: 41,957+/- sf re-development site located within the City of Port Richey, Florida on the Pithlachascotee River. The site is situated in a well built out area with community services, shopping and medical all within walking distance to the site. Excellent location for multi-family development or commercial waterfront development. Over 421 ft. of waterfront property overlooking two intersecting wide canals.

Zoning: C3—Commercial—Allows a broad range of commercial uses in the C3 and C1 zoning. Port Richey Comprehensive Plan calls for a Maximum Intensity of 0.60 FAR and a Maximum Density of 18 units per acre.

Utilities: Central water and sewer ar e available adjacent to the property through the City of Port Richey. 8” potable water line on Washington St. Electric is on site provided by Duke Energy.

Topography: 11AE and 12AE flood zone area.

Parcel ID: 32 25 16 0270 00900 0010 and 32 25 16 0270 00800

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Pasco
Tax ID/APN: 1625320270008000010
Zoning: C3
Property Visibility: Good
Largest Nearby Street: US Hwy 19
Zoning Description: C3 - Allows a broad range of commercial and residential uses.
In Flood Plain?: Yes
Available Utilities: Electric, Water, Sewer, Cable, Internet Access
Water Service: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,367 64,925 144,039
Median Age: 44.97 44.68 45.76
Households: 3,680 29,148 63,781


Photograph of Listing Agent

Sage N. Andress P.A. , ALC, CCIM

Sunmark Realty, Inc. FGCAR CIE Member
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