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300 E Bay Drive

Largo, FL 33770
  • $6,750,000
  • STATUS: Active
  • ON SITE: 71 Days
  • MLS #: U8230386
$6,750,000
  • 0
    BEDS
  • 2.52
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 33,287
    SQFT
  • $203
    $/SQFT
Type:
Commercial
Built:
1990
County:

School Ratings & Info

Description

Located at 300 East Bay Dr in Largo, FL, this commercial property offers a rare strategic investment opportunity for developers and commercial investors. Positioned on a 2.52-acre site directly across from Largo Central Park, the property serves as a key entry point to the downtown corridor, highlighting its significance in the area's urban development landscape. The site is currently zoned for high-density mixed-use development, allowing for up to 8 floors with the potential to feature up to 112 residential units alongside commercial spaces such as restaurants, offices, and retail outlets. This flexibility presents a unique opportunity to contribute to the area's growth and vibrancy, aligning with the area's increasing demand for mixed-use development. Presently, the property hosts two commercial buildings, with a combined total of over 33,287 heated square feet. Both buildings are tenant-occupied. This existing infrastructure not only generates immediate income but also offers potential for redevelopment or integration into a larger project. The site boasts an excellent on-site parking ratio of 5 spots per 1,000 square feet, catering to both current and future occupancy needs. With a daily traffic count exceeding 42,000 vehicles, the location guarantees high visibility and accessibility. The limitless development potential of this site, combined with its strategic position and existing amenities within the downtown corridor makes it an attractive proposition for corporations, developers, and investors aiming to capitalize on Largo's growth trajectory. Call today for further detail or to schedule a private viewing.

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© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-04-20T19:45:16.807.
www.globalwiderealty.com/homes/147453175
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300 E Bay Drive Largo, FL 33770

  • Price: $6,750,000
  • Status: Active
  • On Site: 71 Days
  • MLS #: U8230386
0
Beds
0
Baths
0
½ Baths
2.52
Acres
33,287
SQFT
$203
$/SQFT
1990
Built
Neighborhood:
Fairview Heights Blk 4 Pt Rep
County:
Pinellas
Area:
Largo/Belleair Bluffs
Property Description
Located at 300 East Bay Dr in Largo, FL, this commercial property offers a rare strategic investment opportunity for developers and commercial investors. Positioned on a 2.52-acre site directly across from Largo Central Park, the property serves as a key entry point to the downtown corridor, highlighting its significance in the area's urban development landscape. The site is currently zoned for high-density mixed-use development, allowing for up to 8 floors with the potential to feature up to 112 residential units alongside commercial spaces such as restaurants, offices, and retail outlets. This flexibility presents a unique opportunity to contribute to the area's growth and vibrancy, aligning with the area's increasing demand for mixed-use development. Presently, the property hosts two commercial buildings, with a combined total of over 33,287 heated square feet. Both buildings are tenant-occupied. This existing infrastructure not only generates immediate income but also offers potential for redevelopment or integration into a larger project. The site boasts an excellent on-site parking ratio of 5 spots per 1,000 square feet, catering to both current and future occupancy needs. With a daily traffic count exceeding 42,000 vehicles, the location guarantees high visibility and accessibility. The limitless development potential of this site, combined with its strategic position and existing amenities within the downtown corridor makes it an attractive proposition for corporations, developers, and investors aiming to capitalize on Largo's growth trajectory. Call today for further detail or to schedule a private viewing.
Exterior Features

Construction Materials BlockMetal Siding Direction Faces South Foundation Details Slab Lot Features City Lot Road Frontage Type City StreetMain Throrughfare Road Surface Type Asphalt Roof Shingle Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Building Area Total 36564 Ceiling Type Acoustical Cooling Central Air Cooling YN Yes Flooring CarpetLuxury Vinyl Heating Central Heating YN Yes Sewer Public Sewer Water Source Public

Property Features

Flood Zone Code X New Construction Yn No Ownership Corporation Property Sub Type Office Security Features Key Card Entry Special Listing Conditions None Tax Annual Amount 48224 Total Annual Fees 0 Total Monthly Fees 0 Utilities BB/HS Internet CapablePublic


Listing information © 2024 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of CHARLES RUTENBERG REALTY INC: 727-538-9200.



© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-04-20T19:45:16.807.
 
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