A developer’s dream: Over a half-acre of land, corner lot, with RM-10 zoning in the heart of highly sought-after South Pasadena, just minutes from St Pete Beach! This .6 acre (MOL) parcel has been conceptually approved by the City for the development of five townhomes, which we believe is the… Read More highest and best use.
UP TO 50% SELLER FINANCING MAY BE AVAILABLE - TERMS NEGOTIABLE.
The parcel consists of two platted lots, currently under common ownership:
7001 Hibiscus Ave S (Lot 18)– This parcel is .3 acres (allowing up to three dwelling units). It currently has a 1960’s-era block 1,344 sq ft single family home and a 1990’s-era wood frame, three story 6,600 sq ft “duplex” with extensive wood balconies and decking in need of repairs or demolition. Both structures are flood damaged (from 2024 hurricanes)
7011 Hibiscus Ave S (Lot 17) – This parcel is .296 acres (allowing up to two dwelling units). It currently has a flood damaged 1950s-era wood frame single family home in need of demolition.
This configuration allows for maximum flexibility in terms of redevelopment:
Option 1: Keep the parcels separate, and build up to three units on lot 18, and up to two units (or a large SFH with ADU) on lot 17.
Option 2: Combine the parcels and build 5 townhomes facing Bignonia.
Option 3: Lobby the City Commission and request a variance for a 6th unit (lot 17 is about 200 sq ft short of .3 acres), and build up to 6 units in total.
Recent surveys and email correspondence with the City is included in the MLS attachments. Read Less
Courtesy of COPELAND MORGAN LLC 727-235-7988
Listing Snapshot
Days Online
71
Last Updated
Lot Size
0.61 Acres
MLS Number
TB8494635
Additional Details
Property Access
Frontage Type: Alley, City Street, Road Surface: Asphalt
Building
Living area units: Square Feet, Building faces South
Additional parcels description:, Parcel Number: 30-31-16-67518-061-0180, Public Survey Range: 16, Public Survey Section: 30, Annual Amount: $8,792.86, Tax Block: 61, Tax Book Number: 7-15, Legal Description: PASADENA ON THE GULF SEC C BLK 61, LOT 18 & THAT PART OF LOT 17 DESC BEG MOST E'LY COR OF SD LOT 17 TH SW'LY 100FT ALG SE'LY LOT LINE TH NE'LY 100.13FT TO POINT ON NE'LY LOT LINE 4 FT NW'LY OF MOST E'LY LOT COR TH SE'LY 4FT TO POB, Lot: 18, Year: 2025, Zoning: RM-10
Utilities
BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Sewer Connected, Water - Multiple Meters, Water Connected, Water Source: Public
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
Listings courtesy of Stellar MLS as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Confirm your time
Fill in your details and we will contact you to confirm a time.