For Sale
$1,650,000

20 Morgan St Tarpon Springs, FL 34689

Prime location, high development potential.

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional investment opportunity encompasses three contiguous parcels totaling approximately 1.43 acres (62,486 sq ft) in the thriving Tarpon Springs, Florida market. Located just off Alternate 19/S Pinellas Avenue, this property benefits from high foot and vehicle traffic, situated minutes from the vibrant downtown area. The combined parcels offer significant development potential, with city zoning allowing for up to 15 units per acre. Permitted uses include townhomes, with apartments achievable through conditional use permits. The individual parcels present diverse opportunities: one features a single-family home on a half-acre lot, while the remaining two are vacant commercial lots. All parcels fall under the South Pinellas Avenue Character District and adhere to Tarpon Springs City Smart Codes. The property's strategic location capitalizes on the area's rapid growth and influx of residents seeking more affordable living options compared to nearby Tampa and Clearwater. Detailed parcel information is available upon request, including specific square footages and property use codes. This is a rare chance to acquire a substantial land holding in a prime location poised for significant appreciation. The asking price for the entire assemblage is $1,650,000.

Highlights

  • Asking price: $1,650,000.
  • Three parcels totaling 62,486 square feet (approximately 1.43 acres) of commercially zoned land in Tarpon Springs, Florida.
  • Located minutes from downtown Tarpon Springs, with high foot and vehicle traffic.
  • Permitted uses include townhomes (by right) and apartments (conditional use).
  • Up to 15 units per acre allowed.

Property Details for 20 Morgan St

Property type
Land

Location Insight

City
Tarpon Springs
County
Pinellas
State
Florida
Latitude
28.14055513215
Longitude
-82.757173726795

FAQs

What type of property is this?
Land - Prime location, high development potential.
Where is the land located?
The property is located at 20 Morgan St Tarpon Springs, FL.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Asking price: $1,650,000.; Three parcels totaling 62,486 square feet (approximately 1.43 acres) of commercially zoned land in Tarpon Springs, Florida.; Located minutes from downtown Tarpon Springs, with high foot and vehicle traffic.
How can I contact the broker?
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20 Morgan St
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