$1,115,000
$1,249,900
10.8%For more information regarding the value of a property, please contact us for a free consultation.
10,018 Sqft Lot
SOLD DATE : 07/20/2022
Key Details
Sold Price $1,115,000
Property Type Vacant Land
Sub Type Residential
Listing Status Sold
Purchase Type For Sale
Subdivision Palma Ceia Park
MLS Listing ID T3336977
Sold Date 07/20/22
Construction Status Inspections
HOA Y/N No
Originating Board Stellar MLS
Annual Tax Amount $16,249
Lot Size 10,018 Sqft
Acres 0.23
Lot Dimensions 200 x 50
Property Description
Multiple offers received. Highest and Best due by Wed 6/8 at 3pm. LARGE Lot in Palma Ceia Park! Perfect for investors or builders. This 200' X 50' corner lot runs along S. Obrapia St from W. San Isidro all the way to W San Rafael. Huge profit opportunity here to work with the city to split the lot and build 2 residential homes on it. The current usage is an 8 unit multifamily structure through grandfathered zoning. Buyer could take over renovations on the current 8 unit structure or demolish and work to develop as residential property. Please note that the building is undergoing extensive renovation and it is hazardous to enter at this time. Hold Harmless must be signed prior to any site visit.
Location
State FL
County Hillsborough
Community Palma Ceia Park
Zoning RS-50
Exterior
Utilities Available Sewer Connected, Water Connected
Building
Lot Description Corner Lot, City Limits, Oversized Lot, Sidewalk, Street Brick
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Construction Status Inspections
Others
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with SMITH & ASSOCIATES REAL ESTATE
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