This is a 75 +/- acre parcel located prosperous city of St. Petersburg, just East of both I-275 and US Highway 92. Situated near the East coast of Pinellas County, this property serves as a wetlands mitigation opportunity.
The ad valorem tax is $1313.
Annually and the Liability insurance is $662.
The price has been dropped last month from $450,000 to $350,000. For a quick sale.
Recent History of This 75 Acre Site
The best history on the parcel is in the Enviro I Audit Report.
The current owner purchased a parcel from Walmart intended to develop on the corner of Gandy Blvd and Brighton Bay Blvd, this parcel was owned by Walmart and was part of that purchase. The parcel on Gandy contained approximately 4.4 Acres of wetland, much of which was a tidal pond.
The community behind the Gandy Parcel located on Brighton Bay Blvd. was successful in blocking Walmart's attempt to get a site plan approved and eventually Walmart put the Gandy Parcel up for sale.
The current owner was able to design their apartments project on Gandy which was around the pond and wetlands netting zero wetland impacts and using the pond and wetlands as a site amenity enhancing the views from the apartments. They did not need the use of the parcel for mitigation.
The parcel was never occupied and a portion of it was used as a borrow pit sometime in the past. Beyond the Phase I, the current owner never did any formal mitigation studies.
Again, the best history on the parcel is in the Enviro I Audit Report, available upon request.
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What is the asking price for 5500 16th Ln NE in St Petersburg?
The asking price for 5500 16th Ln NE is $350,000
How much land does the St Petersburg, FL property at 5500 16th Ln NE include?
5500 16th Ln NE in St Petersburg includes 75.000 acres of land
What kind of Land is the propery at 5500 16th Ln NE?
The property at 5500 16th Ln NE St Petersburg, FL 33703 is listed as a Mixed Use Land Land property
What is the population within 1 mile of 5500 16th Ln NE in St Petersburg?
The population within 1 mile of 5500 16th Ln NE St Petersburg, FL 33703 is 12,093 people.
Who do I contact for questions about 5500 16th Ln NE?
You should contact the listing agent,
Steve Toner, for any details regarding this commercial listing.
