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Ad Details
Ad #
3142144
Started
Mar 17, 2014
Location
Belleair, Florida
Asking Price:
$3,500,000.00
 

 
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Seller Information
Memberscottrehm
Member Level   Standard
Valid Email   Yes
Member SinceOct 7, 2008
CountryUnited States
Active ads5

Classified 3142144
Downtown Dunedin Commercial Waterfront Site (2.6 Acre) w/ Approved Site Plan

Location: Located in charming small town, Dunedin Florida at 200 Main St. Property is on the ICW, overlooks city marina, walk to restaurants & shopping.

Features: 46 unit condo, plus 9,501 sf restaurant/retail. Approved project with vested site plan, submitted for building permit, sales office on site, recreation center completed, project ready to go.

Plan: Purchase land, rec building, & plans @ deep discount, wait for condo market or build all suites hotel.

Property Addresses: 200 Main St, 226 Main St and 821 Victoria.

Zoning: Downtown Core. Permitted uses include a mix residential, hotel, restaurant, commercial and office.

Site Features: The Marina project site is a prime 2.6 acre site (including 1 acre water 'bottom' rights) with frontage on Main St, Victoria Dr and the water. Located where Edgewater Dr and Main Street meet the Intercoastal at the heart of Dunedin, Florida. Seen by 17,000 drivers daily. Property has water frontage and bottom land ownership. Water views in multiple directions.

This location is a Dunedin landmark and is the only approved waterfront condo/mixed use project in the area not developed.

Vacant Land: 200 Main St and 226 Main St are vacant land. These are the former sites of the Sunblest Apartments and Bay Palms Motel. Demolition occurred in 2006, after Phase 1 Environmental and Asbestos Reports were prepared, which reports are available upon request.

821 Victoria Drive: The 1902 home on this site has been completely transformed into the recreation facility for the project. Downstairs, the plan includes a multi-use room, a library, a catering kitchen, and public restrooms. Upstairs, the plan features two guest suites with private baths, as well as a card room. This charming home is now fully compliant with hurricane codes and is designed for assembly occupancy downstairs and residential upstairs. The building is fully sprinklered, has a commercial elevator and impact resistant doors and windows.



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