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Permit-ready redevelopment opportunity within Downtown Palm Harbor’s Activity Center – Neighborhood (AC-N) land use designation and Downtown Palm Harbor Form-Based Code (DPH-FBC) zoning. The property is fully approved by the historic department and ready for building permits for a three-unit townhome development consisting of three residences of approximately 2, 000 square feet each. All impact fees have been paid, providing a meaningful time and cost advantage for the next owner.
The site is improved with an existing structure that is ready for immediate use as a professional office with minimal renovation required. This allows an owner-user or investor to activate the property right away while preserving the approved redevelopment plan and long-term upside.
Beyond the currently approved residential development, the AC Activity Center District allows for a wide range of permitted uses under municipal code, offering exceptional flexibility. Permitted uses include office and professional services; retail and personal service businesses; grocery stores, markets, and pharmacies with or without drive-through service; clinics, medical and dental offices; financial institutions; eating and drinking establishments with or without outdoor dining (subject to code); fitness centers and studios; salons and spas; laundries; printing and copying services; private instruction and training facilities; veterinary and pet grooming facilities; artist studios and galleries; government and public facilities; automotive rental agencies, service stations, and car wash facilities; marine electronics sales and service; vehicle-for-hire services; and other neighborhood-serving commercial uses. Multi-family residential is permitted as a component of retail mixed-use development in accordance with the code.
Located just one parcel off Alternate 19, the property benefits from strong visibility and access while avoiding direct highway frontage. Alternate 19 is a primary north–south corridor through northern Pinellas County, connecting Palm Harbor, Dunedin, Clearwater, and surrounding markets and supporting consistent traffic flow.
The property is a short distance from the waterfront and adjacent trail systems, offering proximity to coastal amenities while remaining in Flood Zone X. Minutes from the vibrant downtown districts of Palm Harbor and Dunedin, the location is surrounded by dining, retail, breweries, marinas, and year-round activity, with continued reinvestment supporting both immediate use and future redevelopment.
This offering is ideal for a builder, investor, or owner-user seeking a permit-ready project with paid impact fees, immediate office usability, and long-term flexibility under one of Palm Harbor’s most progressive zoning frameworks.
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$549,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $439,200 | $439,200 | $439,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 5.875% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.112% | 6.520% | 5.415% |
| Monthly Tax Payment | $260 | $260 | $260 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,425 | $2,598 | $3,502 |
| Total Monthly Payment | $2,777 | $2,950 | $3,854 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.