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This lot is right on the highly trafficked 66th St N., almost at the intersection of 66th ST & 54th Ave.. Located right next door to Planet Fitness and across the street from the new WAWA going up. As you know, WAWA, McDonalds, Planet Fitness, CVS & Walgreens do extensive demographic research on where the best locations are for their companies. You can be right in the middle of it all. There is currently an automotive repair shop in business on this site. However, business can be removed and an empty shell left within 2 weeks. Should the new owner want to keep the repair equipment in the building as part of the deal, that can be arranged as well. This lot is zoned C2 - General Commercial. That means it is approved to build commercial projects such as multi-family homes, medical suites, retail, etc. This is a perfect spot to maximize the opportunity on a major road with a traffic count of 39,500 vehicles passing by this location on a daily basis. The city will allow up to 21 units & 3 stories high to be built on this lot. With rents in Pinellas County for just 2 bedroom 1 bath apartments around $2,000/mo., that's an annual income of over $500,000. Factor in your build & other costs and let's see if we can put a deal together. Feel free to drive by and check out the location, do not bother the owner of the repair shop.
Listed by Chris Gash, EZ CHOICE REALTY

Property Details of 5201 66th Street N

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Based on information submitted to MFRMLS as of October 27, 2021 . All data is obtained from various sources and has not been, and will not be, verified by broker or MFRMLS. 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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