HARBOR BLUFFS PLACE

LOCATION DESCRIPTION: The Location is actually unbelievable - the address is only 1/2 block from the waterfront, Clearwater Harbor, and the Causeway. The sites sits on West Bay Dive on the 2900 block at 2934 West Bay Drive, Belleair Bluffs, Florida. West Bay Drive is a very significant east - west corridor that runs from Tampa Bay to the Gulf of Mexico, completely across the whole county of Pinellas. Thus, making this site an easy straight shot east to both our important airports, St Pete/Clearwater Airport and Tampa International. All of the famous beach communities on the barrier islands are just minutes away from this desired location.Brand New to the Market Re-Development Land Play Or Existing Office/Retail Building with Extra Land Multi-Family * Office * Retail Options Belleair Bluffs Place Our Offering is for 1.67 acres in an exceptional location on a major corridor in a beach community in Florida. The Site consists of 72,930 SF of mostly vacant land with one single office structure of 9,607 SF. The land mass is 265 ft of frontage with a depth of 255 ft. It is important to note that the structure does sit on half of the land, approximately 40,000 SF. Building Notes: The structure is 9,607 SF. The building was built in 1968 and all concrete block. The building is in excellent condition and well-maintained. The interior has great finishes and is spotless. The building itself has a value of $3.12 Million. Land Notes: The land mass is a generous 1.67 acres. The land is perfectly flat and manicured. All the utilities are connected to the site. The frontage of 265 ft and an unbelievable depth of 255 ft, are critical dimensions. These measurements are more than enough to satisfy the parking garage requirements of a mid-rise apartment or condo building. Multiple Pathways: 1) Keep the structure as an office building or renovate it into retail. Take the extra land of 59,000 SF mol and develop it into a multi-family play to a retail play. 2) Blade the building and develop all of the 1.67 acres into a Multi-family Mid-Rise or Multi-floor giant retail center. 3) Purchase the Site, keep the building, and sell off the land, significantly reducing your basis. 4) Purchase the Site, keep the land, and sell off the building. The city of Belleair Bluffs is very accommodating and progressive. City staff is stating and will support retail and residential, and they even suggested mixed-use. Please note Townhomes are not suggested. LOCATION DESCRIPTION: The Location is actually unbelievable - the address is only one block from the waterfront, Clearwater Harbor, and the Causeway. The site sits on West Bay Dive on the 2900 block at 2934 West Bay Drive, Belleair Bluffs, Florida. West Bay Drive is a very significant east-west corridor that runs from Tampa Bay to the Gulf of Mexico, completely across the whole county of Pinellas. Thus, making this site an easy straight shot east to both our important airports, St Pete/Clearwater Airport and Tampa International. All of the famous beach communities on the barrier islands are just minutes away from this desired location.