Prime Location Lot in Palma Ceia. Existing use is Duplex. Prior uses included Duplex, and SFR. This is a very desirable 50x100 corner lot in Palma Ceia, Walk to Bayshore, Starbucks, and numerous dining establishments. In the Plant High school district, and walking distance to Roosevelt Elementary school. Property has 2 water meters and 2 electricity meters.
Property is presently vacant. Seller will work with financially committed buyer should they wish to lease the property before closing. In as-is condition, the 1 BR side market rent is estimated at $1,500/mo, and the 2 BR side estimated at $1,800/mo. Achievable rent may be much higher with renovations.
This unique offering may be an excellent single family renovation, or a strong income generating property, or a tear down for +$1M new residence.
Property is offered as-is. Roof replaced in 2010. Interior finishes approx. 2008. Includes off-street parking/carport.