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300 E Bay Drive, Largo, FL 33770
$5,000,000
300 E Bay Drive, Largo, FL 33770View this property at 300 E Bay Drive, Largo, FL 33770
300 E Bay DriveLargoFL33770
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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.
Full Property Details
Full Property Details for 300 E Bay Dr
General
- Sold For: $5,000,000
- Taxes: $48,224 (2023)
- Status: Closed
- Type: Office
- MLS ID: U8230386
- Added to Site: 98 day(s) ago
Rental Information
- Complex Features: Dumpsters, Elevator, Kitchen Facility
Interior
- Flooring: Carpet, Luxury Vinyl
Additional Information
- Security/Safety: Key Card Entry
Location
- Area: 33770 - Largo/Belleair Bluffs
- County: Pinellas
- Development Name: 33770 - Largo/Belleair Bluffs
- Subdivision: FAIRVIEW HEIGHTS BLK 4 PT REP
- Driving Directions: Proceeding West on 300 East Bay Dr., Turn right into the property just past Fourth St NE.
- Direction Faces: South
Community
- Community Name: 33770 - Largo/Belleair Bluffs
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: BB/HS Internet Capable, Public
Structural Information
- # Buildings: 2
- Exterior Const.: Block, Metal Siding
- Roof: Shingle
- Ceiling Type: Acoustical
- Square Feet: 33,287
- Sq. Ft. Source: Public Records
- Living Area: 33,287 Sq. Ft.
- Year Built: 1990
Lot Features
- Lot Size (Acres): 2.52
- Lot Size (Sq. Ft.): 109,915
- Lot Size: 2.5233
- Frontage: City Street, Main Throrughfare
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $48,224
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Corporation
- Special Conditions: None
- Legal Description: FAIRVIEW HEIGHTS BLK 4, PARTIAL REPLAT LOT 1
- Flood Zone Info: X
- APN: 342915271270000010
- Property ID: 342915271270000010
- Block/Lot/Section: 4
Listed by Charles Rutenberg Realty Inc
Sold by Mavrealty
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Schools
Schools serving 300 E Bay Dr
School District:Pinellas County School District
Rating | Name | Grades | Distance |
---|---|---|---|
1301 Ponce De Leon Blvd, Clearwater, FL 33756 | PK-5 | 1.2 mi | |
155 8th Ave Se, Largo, FL 33771 | 6-8 | 0.6 mi | |
410 Missouri Ave N, Largo, FL 33770 | 9-12 | 0.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 300 E Bay Dr
Date
Details
Price
Change
Source
4/22/2024
Sold
$5,000,000
-25.93%
MLS
2/09/2024
Listed
$6,750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
300 E Bay Drive, Largo, FL 33770 (MLS# U8230386) is a Office property that was sold at $5,000,000 on April 22, 2024. Want to learn more about 300 E Bay Drive? Do you have questions about finding other Office real estate for sale in Largo? You can browse all Largo real estate or contact a Coldwell Banker agent to request more information.