offering memorandum (l) · john barkett lisa ulrich 727.388.3669 727.643.3236...

14 unit Townhome ProjectFOR SALE

443 Pinellas Bayway, Tierra Verde, FL 33715

FOR MORE INFORMATION:

Barkett Realty | 615 9th Street N | St. Petersburg, FL 33701 |barkettrealty.com

John Barkett Lisa Ulrich727.388.3669 [email protected] [email protected]

PROPERTY INFORMATION

3LOCATION INFORMATION

9DEMOGRAPHICS

13ADDITIONAL INFORMATION

16



Table Of Contents


Barkett Realty | 615 9th Street N | St. Petersburg, FL 33701 |barkettrealty.com page 2page 2


ContentsConfidentiality & DisclaimerAll materials and information received or derived from Barkett Realty, LLC its directors,officers, agents, advisors, affiliates and/or any third party sources are provided withoutrepresentation or warranty as to completeness , veracity, or accuracy, condition of theproperty, compliance or lack of compliance with applicable governmentalrequirements, developability or suitability, financial performance of the property,projected financial performance of the property for any party’s intended use or anyand all other matters.

Neither Barkett Realty, LLC its directors, officers, agents, advisors, or affiliates makesany representation or warranty, express or implied, as to accuracy or completeness ofthe any materials or information provided, derived, or received. Materials andinformation from any source, whether written or verbal, that may be furnished forreview are not a substitute for a party’s active conduct of its own due diligence todetermine these and other matters of significance to such party. Barkett Realty, LLCwill not investigate or verify any such matters or conduct due diligence for a partyunless otherwise agreed in writing.

EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUEDILIGENCE.

Any party contemplating or under contract or in escrow for a transaction is urged toverify all information and to conduct their own inspections and investigations includingthrough appropriate third party independent professionals selected by such party. Allfinancial data should be verified by the party including by obtaining and readingapplicable documents and reports and consulting appropriate independentprofessionals. Barkett Realty, LLC makes no warranties and/or representationsregarding the veracity, completeness, or relevance of any financial data orassumptions. Barkett Realty, LLC does not serve as a financial advisor to any partyregarding any proposed transaction. All data and assumptions regarding financialperformance, including that used for financial modeling purposes, may differ fromactual data or performance. Any estimates of market rents and/or projected rents thatmay be provided to a party do not necessarily mean that rents can be established at orincreased to that level. Parties must evaluate any applicable contractual andgovernmental limitations as well as market conditions,vacancy factors and other issuesin order to determine rents from or for the property.

Legal questions should be discussed by the party with an attorney. Tax questionsshould be discussed by the party with a certified public accountant or tax attorney.Title questions should be discussed by the party with a title officer or attorney.Questions regarding the condition of the property and whether the property complieswith applicable governmental requirements should be discussed by the party withappropriate engineers, architects, contractors, other consultants and governmentalagencies. All properties and services are marketed by Barkett Realty, LLC in compliancewith all applicable fair housing and equal opportunity laws.




PROPERTY INFORMATION




PROPERTY OVERVIEWBeautiful waterfront location for the development of 14 townhome units with 7 dock slips and crosseasement agreement for access to pool and patio amenties between Sunset Harbor and Quiet Cove. Oneof the last remaining waterfront parcels on Tierra Verde. The site has been platted and been through theapproval Process with Pinellas County for 14 condos but can be replatted for townhomes. Entitlementsand Architectural Construction documents have been developed. For additional information pleasecontact.

PROPERTY HIGHLIGHTS

• 14 townhome units

• 7 entitled dock slips

• Cross easement agreement with Sunset Harbour for pool and patio amenities

• Additional documentation is available upon requestPROPERTY SUMMARY

Sale Price: $1,400,000

Lot Size: 35,000 SF

APN #: 20-32-16-87705-000-0002

Zoning: Multifamily

Cross Streets:



1 PROPERTY INFORMATION | Executive Summary



1 PROPERTY INFORMATION | Property Description




PROPERTY DESCRIPTION

Beautiful waterfront location for the development of 14 townhome units with 7 dock slips and crosseasement agreement for access to pool and patio amenties between Sunset Harbor and Quiet Cove.One of the last remaining waterfront parcels on Tierra Verde. The site has been platted and beenthrough the approval Process with Pinellas County for 14 condos but can be replatted for townhomes.Entitlements and Architectural Construction documents have been developed. For additionalinformation please contact.

LOCATION DESCRIPTION

Directly south of 443 Pinellas Bayway(Sunset Harbour) on Tierra Verde

SITE DESCRIPTION

Excellent location on the Pinellas Bayway in Tierra Verde.

ZONING

Multifamily

CONSTRUCTION

Concrete Block will be used




PROPERTY NAME: 14 unit Townhome Development - Quiet Cove

PROPERTY ADDRESS: 443 Pinellas BaywayTierra Verde, FL 33715

APN: 20-32-16-87705-000-0002

BUILDING CLASS:

ZONING: Multifamily

YEAR BUILT:

NUMBER OF STORIES:

FOUNDATION:

WALLS:

ROOF:



1 PROPERTY INFORMATION | Property Details




PROPERTY HIGHLIGHTS

• 14 townhome units

• 7 entitled dock slips

• Cross easement agreement with Sunset Harbour for pooland patio amenities

• Additional documentation is available upon request



1 PROPERTY INFORMATION | Complete Highlights






1 PROPERTY INFORMATION | Additional Photos




LOCATION INFORMATION




443 Pinellas Bayway



2 LOCATION INFORMATION | Regional Map






2 LOCATION INFORMATION | Location Maps






2 LOCATION INFORMATION | Aerial Map




DEMOGRAPHICS






3 DEMOGRAPHICS | Demographics Report

1 MILE 5 MILES 10 MILES

Total households 497 23,940 120,411

Total persons per hh 1.9 2.1 2.2

Average hh income $104,340 $71,824 $57,005

Average house value $439,920 $360,767 $230,754

1 MILE 5 MILES 10 MILES

Total population 954 49,511 269,843

Median age 55.4 49.9 44.2

Median age (male) 55.4 48.2 42.5

Median age (female) 54.8 51.3 45.3

* Demographic data derived from 2010 US Census




* Demographic data derived from 2010 US Census

1 Mile 5 Miles 10 Miles

Total Population 954 49,511 269,843

Population Density 304 630 859

Median Age 55.4 49.9 44.2

Median Age (Male) 55.4 48.2 42.5

Median Age (Female) 54.8 51.3 45.3

Total Households 497 23,940 120,411

# of Persons Per HH 1.9 2.1 2.2

Average HH Income $104,340 $71,824 $57,005

Average House Value $439,920 $360,767 $230,754



3 DEMOGRAPHICS | Demographics Map




ADDITIONAL INFORMATION






4 ADDITIONAL INFORMATION | Site Plan






4 ADDITIONAL INFORMATION | Floor Plans

offering memorandum (l) · john barkett lisa ulrich 727.388.3669 727.643.3236...

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