7789 131ST ST N, SEMINOLE, FL 33776

$995,000

Active · 27 days on market · MLS# MFRTB8522602

Living area7,296 sq ft
Lot size0.66 acres
Year built1981
Property typeOffice
WaterfrontYes
Annual taxes$8,588
CountyPinellas

About this home

Rare west Seminole redevelopment opportunity approximately one mile from the Gulf beaches, located near the high-traffic 131st Street and Park Boulevard corridor. This 7,296 heated sq. ft. commercial building sits on an approximately .65-acre parcel with strong land value, existing parking, and room to reconfigure, expand parking, or potentially expand the building footprint, subject to applicable approvals. Zoned C-1 Neighborhood Commercial, offering flexible neighborhood-scale commercial use potential. Seller has received County zoning confirmation that a 12-unit bed-and-breakfast would be an acceptable use, making this an attractive opportunity for boutique lodging, hospitality, professional office, medical/wellness office, retail, restaurant/café, personal services, service-oriented businesses, childcare/daycare, residential-equivalent, multifamily, mixed-use, or other approved redevelopment concepts. The building has been substantially cleared inside and prepared for renovation to a user’s desired fit-out, giving a buyer a clean starting point without beginning with full interior demolition. Utilities are on and operational. New roof and sheathing completed in 2023, including TPO and shingle roof areas. Excellent walkable location surrounded by daily-needs retail, restaurants, shopping centers, banking, pharmacies, gas, and grocery, with the grocery store located directly behind the property. Flood Zone X. Parcel dimensions approximately 167’ x 171’. Owner has plans done for a 13-unit bed-and-breakfast and will provide these upon request. Buyer would have to redo the plans to get a permit approved. Buyer to verify all measurements, zoning, permitted uses, parking, development standards, licensing, and intended use approvals with Pinellas County.

Listing courtesy of Otniel Gil, JASON MITCHELL REAL ESTATE FLO. Presented by MC Homes Realty Inc · 727432218.

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