• 9 Units
• Unknown Sq Ft
• 1,564 Sq Ft
• Unknown Cap Rate

Description

One or more photo(s) has been virtually staged. Pre-Construction. To be built. SHOVEL READY_ new construction townhome development opportunity in an established Seminole location at 13700 Park Blvd. All site work has already been fully completed, offering a major head start on execution and timeline. The property is platted into 9 separate lots, allowing for an efficient build-out and an end product that aligns with strong local demand for new construction attached housing.
The seller has two design concepts available for a buyer to consider. One option includes 3-story townhomes with rooftop terraces, and another option features a smaller-unit layout to support a different price point and absorption strategy. Drone photos and video were captured at multiple heights to help illustrate the finished vision and marketability; at approximately 55 feet, you begin to pick up water views, adding lifestyle appeal that can enhance buyer interest and support premium finishes and pricing. A key value driver is proximity to Gulf Blvd, the main beach corridor running along the barrier islands and connecting Treasure Island, Madeira Beach, and St. Pete Beach. This corridor is known for its restaurants, nightlife, beach access points, and overall coastal lifestyle—benefits that translate directly into demand drivers for end buyers and long-term resale. Another important advantage for development and ownership: the property is not located in a flood zone, which can help simplify construction planning and reduce long-term insurance concerns compared to many coastal-area projects.Permitting and execution are positioned for a smooth transition. If a buyer elects to move forward using either set of plans, the seller will have all permits ready for closing, allowing the buyer to step into a project that is ready to break ground without unnecessary delay. For investors who are not builders, there is an additional option to keep the process turnkey: the builder is willing to build the units for the buyer for an additional fee, providing a clear path for investors seeking a development project with professional execution and oversight.All supporting documentation is available upon request, including the current plan concepts and the drone media. Seller’s intent is to have all permits approved prior to closing, providing a clear path to a smooth transition and allowing the next owner to move forward without unnecessary delays.