REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.

In-PersonVirtual Tour

Harry W Price III

harry.price@engelvoelkers.com +1(386) 302-9708

$ 899,000

Est. payment -/mo

Save Virtual Tour

Active

7001 & 7011 HIBISCUS AVE S South Pasadena, FL 33707

0.59 Acres Lot

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Residential

Listing Status Active

Purchase Type For Sale

Subdivision Pasadena On The Gulf Sec C

MLS Listing ID TB8494635

HOA Y/N No

Annual Tax Amount $8,792

Lot Size 0.590 Acres

Acres 0.59

Lot Dimensions 151x176

Property Sub-Type Residential

Source Stellar MLS

Property Description

Huge Reduction! Developers and House Hackers take special notice! Rare double corner lot, in a true walk-to-all location with RM-10 zoning in the heart of highly desirable South Pasadena, just minutes from St Pete Beach, Central Avenue and Pinellas Trail. In particular interest to developers, this nearly .6 acre parcel consists of two platted lots, currently under common ownership, possessing the potential for the development of up to five townhomes (six with a possible variance).

7001 Hibiscus Ave S (Lot 18) - This parcel is .3 acres (allowing up to three dwelling units). It currently has two buildings; a 1960's-era block 1,344 sq ft single family home and a late 1990's compliant pillared three story 6,600 sq ft structure of which the primary second and third floors (4,400sf) are intact.

7011 Hibiscus Ave S (Lot 17) - This parcel is .296 acres (allowing up to two dwelling units). It currently has a 1950s-era wood frame single family home approved for reconstruction.

Structures are flood damaged (2024) and first floors have been remediated to studs and are ready for reconstruction or demo. Knock it all down and build up to 5 townhouses or renovate and ride the rental wave to big profits. Owner will consider separating and entertaining appropriate offers for 7001 Hibiscus alone.

UP TO 50% SELLER FINANCING MAY BE AVAILABLE FOR?BOTH LOTS - TERMS NEGOTIABLE.
Recent surveys included in the MLS attachments.

Location

State FL

County Pinellas

Community Pasadena On The Gulf Sec C

Area 33707 - St Pete/South Pasadena/Gulfport/St Pete Bch

Zoning RM-10

Direction S

Exterior

Utilities Available BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Sewer Connected, Water - Multiple Meters, Water Connected

View City, Garden

Exposure South

Building

Lot Description Buildable, Corner Lot, Flood Plain/Bottom Land, City Limits, Oversized Lot, Paved

Lot Size Range 1/2 to less than 1

Sewer Public Sewer

Water Public

Others

Ownership Fee Simple

Acceptable Financing Cash, Conventional, Owner Financing

Listing Terms Cash, Conventional, Owner Financing

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8494635

Listed by Jeff Copeland COPELAND MORGAN LLC

NEARBY SCHOOLS & PROPERTIES

Harry W Price III

Broker Associate | License ID: BK3448457

+1(386) 302-9708

GET MORE INFORMATION