Downtown Largo Multifamily Development
151 1st St NW, Largo, Florida 33770
$990,000
Property Details
Property Type
Land
Building Type
Freestanding
Land Size
0.47 acres
Zoning
WBD-CRD Overlay
Property Description
This offering is a 0.47 acre assemblage of four parcels in the heart of Downtown Largo. The site is vacant commercial land positioned for high-density multifamily or mixed-use development, with zoning that allows up to 60 units per acre with additional bonus opportunites.
* Potential for at least 28 units and 81,892 SF of buildable area before bonuses
* No height restrictions -- only a two-story minimum requirement.
* Lies in an Opportunity Zone and a Brownfield area adding state tax credits and federal capital gains advantages
* Located outside a flood zone (Flood Zone X)