Price Reduced 17.39%


Price History

$11,500,000
1/17/2024

$9,500,000
4/10/2024


6212 64th WAY N, Pinellas Park, FL, 33781

6212 64th WAY N, Pinellas Park, FL, 33781

2024

One or more photo(s) has been virtually staged. FOR GPS PURPOSES USE SITE LOCATION 6425 62nd Ave N...Here is your chance to own your very own ENTIRE gated community of 25 luxury townhomes with your very own community pool! You can cash flow the existing 8 completed units, while you develop/build the remaining 17 other units, or you can have the current builder finish out the community for you for an additional price. The pool is already under construction and should be finished soon, and this purchase price comes with all the permitted and approved plans. If you'd like to just buy 1 building of this community that also is an option as well. This investment opportunity is beyond unique not only in Pinellas county, but in the Tampa Bay region. Here at the brand new community of Latitudes in the Park, luxury living reaches new heights in the heart of Pinellas Park. Pinellas Park is currently seeing a revitalization with a nearby Pinellas Park downtown/hub currently in the works about 1 mile away from this community which will feature a large brewery and much more. Each one of these three story block construction townhomes will be individually deeded so you can buy and rent these out and then eventually resell them individually. Right now the HOA is set up with with no lease or pet restrictions. Approximately 15 minutes to the world famous beaches in Pinellas County and 15 minutes to Downtown St. Pete. These three-story residences, complete with massive rooftop terraces, embody contemporary living, showcasing an open floor plan seamlessly fusing kitchen, dining, and living spaces. The kitchen, a culinary haven, boasts quartz countertops, solid wood cabinets, and a large island, effortlessly blending style with functionality. Distinguished by 10-foot ceiling heights, the interior units offer two bedrooms, two full bathrooms, two half bathrooms, office area which is plenty large enough to be a third bedroom and a huge loft space on the third floor that could easily double as a home office or additional guest quarters. The exterior units offer fenced in side yards, tons of natural light and a full third bedroom instead of the office. All of the units are right around 2,400sqft. The primary bedrooms are on the second floor and features a huge walk-in closet, an en-suite bathroom adorned with high-level finishes, including a generous walk-in shower and dual vanities. Ascend to the third floor, where the extra bonus loft leads to your rooftop terrace a haven with two sitting areas, water, and electric connections for a potential outdoor kitchen. Each townhome includes a 2 car garage and private driveway in the back. The community pool is slated for completion in 2024 unless you buy it and want to develop it yourself. With ESW hurricane impact-rated windows, doors and the property will be gated as well. The builder extends a generous 2-10 warranty. Site address for GPS purposes is 6425 62nd AVE N, as a lot of the addresses within the community haven't populated yet since its new! Seller financing options available!


Status:

Active

Type:

Commercial

Units:

8

Complex:

LATITUDES IN THE PARK

Garage:

13 to 18 Spaces, Electric Vehicle Charging Station(s), Lighted

Heating:

Central

Cooling:

Central Air, Mini-Split Unit(s)

Acreage:

3.3

Est. Taxes:

$10,370

Construction

Block

Days on Market:

84

Pet Policy:

Yes - See Condo Docs

MLS #:

T3497403


Community Info

School Info

Walk Score

Yelp


Listing courtesy of FRANK ALBERT REALTY Phone: 813-546-2503