Positioned in the heart of the City of South Pasadena’s residential corridor, this 1.66-acre infill property offers a prime opportunity for
redevelopment. Currently zoned for RS-70 with a minimum lot size of 6,750 SF and a max building height of 35', allowing for 8-10
custom homes. There is potential for RM-15.5, which would allow~25 units. The site will be delivered level and clear. The existing buildings are scheduled for demolition. PROPERTY HIGHLIGHTS
1.66 Acre Prime Infill Development Land in the City of South
Pasadena, Pinellas County
Highest & Best Use: Redevelopment for residential (RM-15.5 zoning to
net 25 units, or RS70 for 8-10 custom SFR's
Site will be delivered level and cleared
Frontage: 323 ft on Park St S / 309 ft on Oleander Way S
Located minutes from Gulf beaches and downtown St. Pete
Subdivision:
BROOKWOOD 1ST ADD
Utilities
BB/HS Internet Available, Electricity Available, Fiber Optics, Public, Sewer Connected, Water Connected
Lot Description:
Buildable, Cleared, City Lot, Level
6740 PARK STREET S, South Pasadena, FL, 33707
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
