Property Description
Located at 300 East Bay Dr in Largo, FL, this commercial property offers a rare strategic investment opportunity for developers and commercial investors. Positioned on a 2.52-acre site directly across from Largo Central Park, the property serves as a key entry point to the downtown corridor, highlighting its significance in the area’s urban development landscape.
The site is currently zoned for high-density mixed-use development, allowing for up to 8 floors with the potential to feature up to 112 residential units alongside commercial spaces such as restaurants, offices, and retail outlets. This flexibility presents a unique opportunity to contribute to the area’s growth and vibrancy, aligning with the area’s increasing demand for mixed-use development.
Presently, the property hosts two commercial buildings, with a combined total of over 33,287 heated square feet. Both buildings are tenant-occupied. This existing infrastructure not only generates immediate income but also offers potential for redevelopment or integration into a larger project. The site boasts an excellent on-site parking ratio of 5 spots per 1,000 square feet, catering to both current and future occupancy needs.
With a daily traffic count exceeding 42,000 vehicles, the location guarantees high visibility and accessibility. The limitless development potential of this site, combined with its strategic position and existing amenities within the downtown corridor makes it an attractive proposition for corporations, developers, and investors aiming to capitalize on Largo’s growth trajectory. Call today for further detail or to schedule a private viewing.
Features
: Central
: Central Air
: Carpet, Luxury Vinyl
: Public Sewer
: Public, BB/HS Internet Capable
Address Map
US
FL
Pinellas
Largo
FAIRVIEW HEIGHTS BLK 4 PT REP
33770
BAY
300
DRIVE
W83° 12' 54.8''
N27° 55' 1.7''
South
Proceeding West on 300 East Bay Dr., Turn right into the property just past Fourth St NE.
33770 - Largo/Belleair Bluffs
E
Additional Information
: Public
https://www.propertypanorama.com/instaview/stellar/U8230386
2024-02-09
: City Limits
: Slab
: Block, Metal Siding
36564
Financial
48224
Listing Information
Nils Kushta
260045236
260000779
CHARLES RUTENBERG REALTY INC
260015481
260000779
Sold
2024-04-22T22:42:07Z
Stellar
: None
2024-04-22T22:40:15Z
Commercial Sale For Sale
300 E Bay Drive, Largo, Florida 33770
33,287 Sqft
$6,750,000
Listing ID #U8230386
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : U8230386
Price : $6,750,000
Square Footage : 33,287 Sqft
Year Built : 1990
Lot Area : 2.52 Acre
Property Sub Type : Office
Roof : Shingle
Agent info
Contact Agent