$5,200,000
5330-5325 Treadway Drive Port Richey, FL 34668
For Sale MLS# T3480009
3,965 sq ft Commercial
Details for 5330-5325 Treadway Drive
MLS# T3480009
Description for 5330-5325 Treadway Drive, Port Richey, FL, 34668
Major high-return investment.. Famous Seaside Restaurant and Waterfront Lands Central Florida West Coast, Gulf of Mexico, Tampa MSA area Port Richey FL property is Pasco county's only Sea side Port.. UPSIDE RETURNS High vacancy with Major upside potential..Pro Forma 9.45% ROI returns @ $453,600 yearly rent roll increasing, additional appreciation value 11% year over year, Total 20.45% return potential. Current Passive tenant income $80,000 yearly Short-restaurant lease, Wet slip docking, event parking, increasing rents. The property consists of 3 separate parcels, 6 lots total, all uplands usable buildable, 1.51AC, 200’ Waterfront Commercial frontage Offering Prime Waterfront Real Estate Restaurant, former B & B Hotel, Marina wet slip charter docking, additional development land, event parking lots. Cotee River. All Pasco county C2 COMMERCIAL Rights by zoning, Development land coverage FAR 75% (floor area ratio allowable building base floor), 200’ Commercial Waterfront wet slip docking, develop High and Dry Commercial Marina, historic Seaside Bar on River, hotel and additional land for development. redevelopment Waterfront district area, boardwalk, and waterway Dredging project plus 6 million in renovations in process, lighting, streets, signage, sidewalks, Golf cart paths, and more. Can provide all documents regarding the site all clear Phase 1 environmental studies, and boundary surveys.Famous Johnny Cash singer frequented the Seaside Bar oftenPasco ID# 32-25-16-0260-00000-0020 (Restaurant .28 AC) ID# 32-25-16-0260-00000-0010 (Hotel .79 AC) ID# 32-25-16-0260-00000-0080 ( Lots .44 AC) Total site 1.51AC (65,775 SF) C2 Commercial Zoned
Listing Information
Property Type: Commercial, Mixed Use
Status: Active
Lot Size: 1.51 Acres
Square Feet: 3,965 sq ft
Year Built: 1959
Stories: 2 Story
Construction: Block,Metal Frame,Wood Siding,Wood Frame
Subdivision: Harbor Villas
County: Pasco
Utilities
Other Utilities: Municipal Utilities
Cooling: Other
Exterior / Lot Features
Lot View: Bay,Intercoastal,Ocean,River,Water
Waterfront Details
Water Front Features: Bay Access, Canal Access, Gulf Access
Driving Directions
US 19 to Treadway to property
Financial Considerations
Terms: Cash,Conventional
Tax/Property ID: 16-25-32-026.0-000.00-001.0
Tax Amount: 7805.05
Tax Year: 2021
Price Changes
| Date | Price | Change |
|---|---|---|
| 02/28/2024 10.15 PM | $5,200,000 |
A broker reciprocity listing courtesy: LPT REALTY
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Sales History & Tax Summary for 5330-5325 Treadway Drive
Sales History
| Date | Price | Change |
|---|---|---|
| Currently not available. | ||
Tax Summary
| Tax Year | Estimated Market Value | Total Tax |
|---|---|---|
| Currently not available. | ||
Data powered by ATTOM Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.
Schools
Schools nearby 5330-5325 Treadway Drive
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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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