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407 S Saturn Ave - Gulf to Bay Redevelopment Site, Clearwater FL
2.29 Acres of Commercial Land Offered at $5,338,125 CAD in Clearwater, FL 33755
Investment Highlights
- Rare opportunity to redevelop 2+ acres with 250' frontage on Gulf to Bay Blvd.
- Existing improvements could be repurposed, but priced for redevelopment.
- North side of Gulf to Bay, just west of Keene Rd. intersection.
- Change to commercial zoning and land use designations will be completed by the end of 2024.
Executive Summary
Property Facts Under Contract
| Price | $5,338,125 CAD | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| Sale Conditions | Redevelopment Project | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 2.29 AC |
| Price | $5,338,125 CAD |
| Sale Type | Investment or Owner User |
| Sale Conditions | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 2.29 AC |
1 Lot Available
Lot
| Price | $5,338,125 CAD | Lot Size | 2.29 AC |
| Price Per AC | $2,331,059 CAD |
| Price | $5,338,125 CAD |
| Price Per AC | $2,331,059 CAD |
| Lot Size | 2.29 AC |
Fully developed site - prime for redevelopment.
Description
The leadership of St. Paul’s Lutheran Church has determined that their 2.29-acre campus, on Gulf to Bay Blvd., Clearwater, FL is no longer essential to the mission of the church. This conclusion leads to the unique opportunity to repurpose this property. The subject property is available for sale, subject to the final approval of the church leadership. Church leadership will consider the intended use, predictability of outcome and benefit to the community before entering into a definitive agreement. This property, located just west of the Keene/Gulf to Bay intersection, with street-to-street frontage on the main commercial corridor of Clearwater, is a high-profile redevelopment candidate.
PROPERTY TAXES
| Parcel Number | 14-29-15-00000-140-1900 | Improvements Assessment | $3,409,767 CAD |
| Land Assessment | $1,610,670 CAD | Total Assessment | $5,020,437 CAD |
PROPERTY TAXES
zoning
| Zoning Code | Commercial General (City zoning and land use designation changes to Commercial General will be completed by the end of December, 2024.) |
| Commercial General (City zoning and land use designation changes to Commercial General will be completed by the end of December, 2024.) |
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407 S Saturn Ave - Gulf to Bay Redevelopment Site, Clearwater FL
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