5325 Treadway Drive, Port Richey, FL 34668

$4,100,000

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List Price
$4,100,000
Status
Active
Days on Market
300
Price Change
▲ $100,000 1770842805
MLS#
TB8434091
Lot Size
34,500
Acres
1.23
Total Acreage
1 to less than 2
Legal Subdivision Name
Harbor Villas
MLS Area Major
Port Richey

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.

Additional Information

Taxes
$8622
Location
Buildable, Cleared, In County, Near Marina, Near Public Transit, Seaport
Community Features
Street Lights, No Deed Restriction
Zoning
C2
Utilities
Cable Available, Electrical Nearby, Sewer Nearby, Utility Pole, Water Available, Water Connected
Pool
No Pool
Water Name
Cotee River
Water Extras
Bridges - No Fixed Bridges, Minimum Wake Zone, Sailboat Water, Seawall - Concrete
Water View
Bay/Harbor - Full, Gulf/Ocean - Full
Water Access
Bay/Harbor, Canal - Saltwater
Water Frontage
Canal - Saltwater
Flood Zone Code
ae
Parcel ID
32-25-16-0260-00000-0080
Legal Description
HARBOR VILLAS PB 6 PG 43 LOTS 1 5 & 6

Listing courtesy of LPT REALTY, LLC. 877-366-2213

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