$4,000,000

1410-1414 33rd Street SE

RUSKIN FL, 33570

Description

This property consists of two parcels. 1414 33rd St SE is 8.56 acres of which 5 (+-) acres is the lake. 1410 33rd St SE is .97 acres. Property has an approval to withdraw over 10,000 gallons of potable water per day, Profit potential exceeds $365,000 per year. Property falls under PD zoning now and owners will allow some time to determine site plan proposals to the county. Seller has pre-opinion that a 100 room hotel and a 5000 square foot ALF can be built on the property. Property is visible from I-75. Based on an income producing proforma, the property can produce $1,000,000 plus in revenue from the water business, a 100 room hotel, 5000 square foot ALF and a 3100 square foot home (existing) PROPERTY IS BEING OFFERED IN AS IS CONDITION. The water business alone may be able to amortize a purchase mortgage to buy this property. Property could also be a good 100 room assisted living facility or even an apartment complex overlooking the lake.

Details

MLS#T3187659
StyleIndustrial
Sub-TypeResale
StatusActive
Year2003
Days On Site90

Features

SQ Feet3,187
Story(s)1
Units2
ZoningAS-1

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Area Information

StateFL
CountyHillsborough
CityRUSKIN
Zip Code33570
Area33570 - Ruskin/Apollo Beach
Listing VS Median (in 33570)
Price:
$4,000,000
low | high
Med:
$208,270
100% of Average
SqFt:
3,187
low | high
Med:
1,738
95.465955443991% of Average
$ / SqFt:
$1,255
low | high
Med:
$121
100% of Average
On Site:
90
low | high
Med:
83.5
100% of Average
Listing Updated: 10/15/2019
MLS Number: T3187659
Listing Provided By:
Art Moffa  of  YELLOWFIN REALTY

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