5685 54th Avenue N , Saint Petersburg, FL 33709(Pinellas County)

Rare Pinellas County Property! Great development opportunity. * 3.01 Acres of prime Land in Mid/Lower Pinellas County available for Multifamily development or Commercial enterprise. We have feasibility studies for a 22 unit townhome project, a 48 unit apartment project and a 147 bed Assisted Living Facility attached to the listing info. The apartment project has the possibility of a 50% density bonus with low income housing development. This address sits off a major 4 lane roadway with potential perfect ingress and egress. The Site boasts of a natural spring fed lake, an already installed Buffer of a thousand of palms, mostly cleared landscape and road foundation. All utilities available to the Site. The development possibilities are wide ranging including Commercial activities such as Service Contractors * Residential Estate Homes * Tract Housing * Equestrian Complex * Assisted Living Facilities * Popular Live / Work Scenario * Private Park * Town-homes * Veterans Facilities. Owner is offering a $500,000 owner financing to any qualified buyer