$4,100,000 for Sale

5325 treadway drive , port richey, FL 34668

Property Description
Legacy Property and location, South Pasco County, the only Port in Pasco County to the Gulf waters. Allowing major Commercial Docking expansion..The Hotel is not operating due to being on the market for sale, and the commercial wet slip docking is 80% leased with high-income upside potential. Cotee River next to Hooters Restaurant, Major Resort Bar Restaurant area. 1.23 ac C2 COMMERCIAL ZONING, Development land coverage FAR 75%, 100’ wet slip Commercial Marina, Seaside Bar, historic Bar on River, and hotel, and additional land for development. Land use as multifamily 40 units per ac, 2.0 far, 110’ height with approvals. City of Port Richey, redevelopment area, boardwalk and waterway Dredging project in process. 5 mil in renovations, lighting, streets, sidewalks, Golf cart paths.. Offering for Hotel resort development. This is a commercial multi-use development property. It consists of 2 parcels, 5 lots total, C2 Commercial zoned uses, 1.23 AC, We have Phase 1 environmental and surveys. concepts and reports to develop a Hotel resort. City of Port Richey is redeveloping the infrastructure approved with 4-5 mil in improvements of the Waterfront district, roads, parking, and lighting & signage on US 19.. Future concept is a river walk concept that connects the waterfront businesses.
Waterfront
Water Name:  COTEE RIVER
Water Description:  Canal - Saltwater
General Information
Sale Price: $4,100,000
Price/SqFt:
Status: Active
MLS#: TB8434091
City: port richey
Post Office: port richey
County: Pasco
Subdivision: harbor villas
Acres: 1.23
Lot Dimensions: irrgular
Size:
Acreage: 1.23 est.
Year Built:
Property Type:
Style:
Tax, Fees & Legal
Est. Winter Taxes:  $8,623
Legal Description:  HARBOR VILLAS PB 6 PG 43 LOTS 1 5 & 6


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All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Shawn Mcnair of LPT REALTY, LLC, Phone: 877-366-2213
(941) 662-7630 Call Cary Saffran for more information about this property.

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