7001 & 7011 HIBISCUS AVE S South Pasadena, FL 33707
0.59 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
Subdivision Pasadena On The Gulf Sec C
MLS Listing ID TB8494635
HOA Y/N No
Annual Tax Amount $8,792
Lot Size 0.590 Acres
Acres 0.59
Lot Dimensions 151x176
Property Sub-Type Residential
Source Stellar MLS
Property Description
UP TO 50% SELLER FINANCING MAY BE AVAILABLE - TERMS NEGOTIABLE.
The parcel consists of two platted lots, currently under common ownership:
7001 Hibiscus Ave S (Lot 18)– This parcel is .3 acres (allowing up to three dwelling units). It currently has a 1960's-era block 1,344 sq ft single family home and a 1990's-era wood frame, three story 6,600 sq ft “duplex” with extensive wood balconies and decking in need of repairs or demolition. Both structures are flood damaged (from 2024 hurricanes)
7011 Hibiscus Ave S (Lot 17) – This parcel is .296 acres (allowing up to two dwelling units). It currently has a flood damaged 1950s-era wood frame single family home in need of demolition.
This configuration allows for maximum flexibility in terms of redevelopment:
Option 1: Keep the parcels separate, and build up to three units on lot 18, and up to two units (or a large SFH with ADU) on lot 17.
Option 2: Combine the parcels and build 5 townhomes facing Bignonia.
Option 3: Lobby the City Commission and request a variance for a 6th unit (lot 17 is about 200 sq ft short of .3 acres), and build up to 6 units in total.
Recent surveys and email correspondence with the City is included in the MLS attachments.
Location
State FL
County Pinellas
Community Pasadena On The Gulf Sec C
Area 33707 - St Pete/South Pasadena/Gulfport/St Pete Bch
Zoning RM-10
Direction S
Exterior
Utilities Available BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Sewer Connected, Water - Multiple Meters, Water Connected
View City, Garden
Building
Lot Description Buildable, Corner Lot, Flood Plain/Bottom Land, City Limits, Oversized Lot, Paved
Lot Size Range 1/2 to less than 1
Sewer Public Sewer
Water Public
Others
Ownership Fee Simple
Acceptable Financing Cash, Conventional, Owner Financing
Listing Terms Cash, Conventional, Owner Financing
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8494635
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