0.24 Acres of Commercial Land for Sale in Largo, Florida
Clearwater-Largo Rd N, Largo, FL 33770
This property presents an amazing opportunity to develop 2 prime parcels in the Clearwater-Largo Road Community Redevelopment District (CLR-CRD) which offers the possibility of numerous incentives from the City of Largo. This listing consists of both lots 1 & 2, with lot 1 representing the corner lot of the block comprising 5198 SF and lot 2 comprising 5650 SF, for a total of a shade under 1/4 acre (.249). Only a few minutes from multiple beaches, including Clearwater, the location and no nightly minimum for short term rentals make this an excellent multi-family or Airbnb money maker. The real strength of the property is also not just that it is almost 100% cleared, flat, and ready to build, but that it lies within the mixed-use Clearwater-Largo Road Community Redevelopment District. This means you are working with an incentivized building department who want the land developed and are even offering grants towards up to 5% of construction costs. While the land use is originally zoned commercial, the attached updated CLR-CRD map has both lots as mixed use. The seller's understanding is that the city will allow a range of mixed use options here from commercial to multi-family, or even a combination of the two, as long as it does not exceed 6 stories in height. The creative possibilities here are quite endless and with that in mind the sellers have expressed their openness to listening to creative seller financing options with the right developer.
Directions
From 275 south take exit 31 heading west then take a right on Clearwater Largo Rd N and the property will be a mile down on the right at the intersection of 16th Ave NW. If you put 1500 Clearwater Largo Rd Largo, FL 33770 in your GPS it is the vacant lots directly next to the colorful cottages at 1500.
Property details
- County
- Pinellas County
- Community
- Highland Park
- Elevation
- 66 feet
- MLS Number
- MFRMLS U8222743
- Date Listed
Legal description
HIGHLAND PARK BLK 3, LOTS 1 & 2
Parcels
- 27-29-15-38970-003-0010
Property taxes
- 2023
- $2,888
Nearby schools
Name | Level | District | Description |
---|---|---|---|
Mildred Helms Elementary-PN | Elementary | — | — |
Largo Middle-PN | Middle | — | — |
Largo High-PN | High | — | — |
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Apr 25, 2024 | Price decrease | $274,900 | $25,099 -8.4% | MFRMLS |
Dec 2, 2023 | New listing | $299,999 | — | MFRMLS |