Sold
300 E BAY DR
LARGO FL, 33770
$5,000,000
$150.21 per sqft
Sold
33,287 sqft
Commercial
Built in 1990
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.
U8230386
MLSⓇ ID
February 9, 2024
Listed
November 22, 2024
Updated
Map
300 E BAY DR
LARGO FL, 33770
Interior Features
Floor Description
Carpet, Luxury Vinyl
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
2.52 Acres
Lot Features
City Limits
Roof
Shingle
Sewer
Public Sewer
Other Property Details
Area Name
33770 - Largo/Belleair Bluffs
Taxes
$48,224
Tax Frequency
Annually
Days on Market
54
Association Fee Frequency
Monthly
Garage
No
View
No
County
Pinellas
Municipality
29
Water Source
Public
Pool
No
Listing History
Date | Event | Price |
---|---|---|
4/22/2024 | Sold | $5,000,000 |
4/21/2024 | Pending | — |
Listed by CHARLES RUTENBERG REALTY INC
Listing Contact: 866-580-6402
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Data last updated 11/22/2024, 8:18 AM UTC