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Close to downtown Clearwater hard to find .833 acres 165 ft. frontage by 220 ft depth more or less of retail/services or combined mixed use development of residential & commercial use located in the Opportunity Zone of Clearwater. This property is also zoned for a commercial business only as well. Seller says he was informed by the City of Clearwater that you can build up to 24,000 sq. ft with a height of 30 ft. on the site. There is a possibility of 12,000 Sq Ft for 10 to 12 unit fpr apartments and another 12,000 sq. ft of commercial space obased on a required mixed use ratio. This can provide a developer with a great opportunity for a steady stream of residential income from apartment rentals and also rent from commercial business such as a variety store, restaurant retail store etc. Owner had recent Environmental Phase 1 check done on property with a new survey. Buyer will need to contact the Planning and Zoning Department of Clearwater to verify a development for the mixed use ratio of residential to commercial space on this site .Buyer will accept a due diligence of 15 days to verify what can be the use for new owner and another 15 days to close .

Property Details of 1100 S Myrtle Avenue

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Listed by Frank Aggio,PA of EQUITY PRO REALTY

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Based on information submitted to StellarMLS as of June 25, 2022 . All data is obtained from various sources and has not been, and will not be, verified by broker or StellarMLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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