$799,000

1100 S Myrtle Avenue

CLEARWATER FL, 33756

Description

Hard to find .85 acres more or less of land with renovated building in heart of Clearwater located in the Opportunity Zone next to a brand new large storage facility. Close to downtown Clearwater, the beaches and marinas. Property is zoned for commercial business .Owner had recent Environmental Phase 1 check done on property with a new survey. Seller spent 1 year to complete demolitions of the code violating structures and the clearing of the land by permits with the City of Clearwater. Owner willing to finance buyer with 5 year balloon amortized over 25 years with 50/50 ratio of cash to seller financing. Seller says new owner can build up to 25,000 new Sq Ft building with up to 30 feet height on the site . Also property should be easy to obtain bank financing on for a qualified buyer with the recent Environmental Phase 1 check done and new survey. All that buyer needs to do on any due diligence needed is inspections then apply for and be issued a business license from the City of Clearwater.

Details

MLS#U8110901
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1964
Days On Site38

Features

SQ Feet1,080
Story(s)1
Acreage0.84
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Area Information
StateFL
CountyPinellas
CityCLEARWATER
Zip Code33756
Area33756 - ClearwaterBelleair
Listing VS Median (in 33756)
Price:
$799,000
low | high
Med:
$289,950
100% of Average
SqFt:
1,080
low | high
Med:
640
90.740740740741% of Average
$ / SqFt:
$740
low | high
Med:
$113
100% of Average
On Site:
38
low | high
Med:
109.5
34.703196347032% of Average
Sourced by Back At You
Listing Updated: February 26, 2021 3:39:39 AM PST
Frank Aggio PA LogoMLS Number: U8110901
Listing Provided By:
Frank Aggio PA  of  EQUITY PRO REALTY

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