THIS CORNER LOT IS 150 X 50-ROOM TO BUILD A 2ND NEW HOME, CONDOS, OR 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! IT SITS RIGHT OFF THE NEW RIVER AMIDST EXPANDED RIVERWALK PROJECTS INCLUDING RAINTREE RIVERWALK RESIDENCES TO BE COMPLETED IN 2024! PER SELLER, THE CITY HAS APPROVED UP TO 6 STORY STRUCTURE ON THE PROPERTY. ZONED RAC-SMU ALLOWING MIXED USE INCLUDING RESIDENTIAL & COMMERCIAL DEVELOPMENT. TENANT MAY NOT BE DISTURBED....PLEASE CALL FOR MORE DETAILS!

Listing courtesy of Distinctive Florida Realty Inc



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