X Williams Ave, Port Saint Joe, FL 32456 (MLS # 315917)

Price $500,000
Status Active
Size n/a
Lot Size 10,890 sqft
Days on Market 152
Are you in search of an income-producing development opportunity? Look no further! We have found the perfect location for you in the heart of Port St. Joe's historical business district. Situated on a .25-acre corner lot, 0 Williams Ave is zoned for mixed-use development (M/U) and is ready to be transformed. Parcel can be separated 4lots total see MLS # 316990 This area experiences a very high traffic count, making it an ideal spot for your venture. The current plans and renderings for this property boast a total of 23,000 square feet. On the ground level, there are five commercial store fronts, each spanning 1,300 square feet. Moving up to the second level, you'll find ten apartments, each with three bedrooms and two bathrooms. There are five apartments on each floor. Additionally, there is a rooftop bar that offers a stunning water view. This unique feature allows your rental income potential to extend all the way to the top! If you're interested, we can provide you with more information on the builder's design and engineered drawings once an executed contract is in place. Don't miss out on this incredible opportunity! Invest in your retirement today. You can also take a look at the rendering photos and explore a 3D virtual tour. These plans will have to go before the city for approval. Please note that the buyer is responsible for all closing costs, including Commission Listing side is 3%
Property Type(s): Commercial
Last Updated 12/26/2023 Tract No Named Subdivision
Year Built 0

Additional Details

LOT 0.25 acre(s)
LOT DESCRIPTION Cleared, Corner Lot
LOT DIMENSIONS 120x90
SUBDIVISION No Named Subdivision
ZONING Commercial,Mixed Use

Location

 

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Listed with Anchor Realty Florida

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