9530 Starkey Road, Seminole, FL 33777

$2,900,000

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List Price
$2,900,000
Status
ACTIVE
MLS#
TB8482909
Price Change
▼ $49,900 1784840596
Subdivision
Pinellas Groves

Property Description

RARE PINELAS COUNTY DEVELOPMENT OPPORTUNITY! Introducing the Starkey Road 29 Townhomes project. This project consists of 2.3-acre site which is cleared and will be delivered fully entitled and approved. The project features 29 exquisite 3 to 4-level luxury townhomes (approx. 45ft height) and a reinforced steel auto storage facility for 35 climate-controlled garage lofts with lifts—a massive market differentiator for car collectors and high-end buyers. INVESTMENT HIGHLIGHTS: Fully Entitled: Delivered with approved rezoning, civil engineering, surveys, and architectural renderings. Unique Design: 3-4-story units featuring 1st-floor primary suites, expansive 2nd-floor living/kitchen areas, and 4th-floor penthouse suites with private 300 SF rooftop decks. Total Flexibility: No HOA, Bylaws, or Covenants have been established yet, allowing the developer to control management fees and determine short-term vs. long-term rental policies to maximize ROI. Upside Potential: Site plan allows for changes; explore the "Live Local Act" or affordable housing routes to potentially increase density. Amenities: Approved for a resort-style pool, gazebo, dog park, lush tropical landscaping, and gated security access. Develop and sell individual units with deeded garage spaces or hold this Class-A asset for long-term cash flow and appreciation. Shown by appointment only. NDA required for OM, Proforma, and full architectural sets.

Additional Information

Acres
2.30
Sewer
Public Sewer

Listing courtesy of LPT REALTY, LLC.

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