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Whitney Road - Whitney Townhome Site, Clearwater, FL

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Whitney Road - Whitney Townhome Site

Clearwater, FL 33760 - Bayside Submarket

Property Type:Land Parcel Size:5.47 Acres
For Sale Price:$995,000 Price/Acre:$181,901 Price/SF:$4.18

Proposed Use:MultiFamily, Single Family Development

On-Site Improv:Raw land

Sale Notes:
The property was formerly used as a construction and demolition debris solid waste
disposal facility in connection with construction activities in the area. The Florida
Department of Environmental Protection issued a Permit to the former developer,
Lexington Homes, Inc., to allow the development of the Whitney Place Townhomes
project on the waste disposal area. The FDEP Permit expires on April 6, 2012, and a
renewal permit can be obtained from the Department of Environmental Protection for
this project. Based upon preliminary discussions with the Department (and the favorable
regulatory climate to encourage new development), the Department has indicated it is
willing to renew or re-issue the Permit to a new project developer with the same terms
and conditions as the original Permit. The current property owner has entered into a
Settlement Agreement with the Department to implement the groundwater and landfill
gas monitoring requirements of the FDEP Permit. Copies of the FDEP Permit and the
most recent Monitoring Reports can be provided upon request.

Eshenbaugh Land Company
Bill A Eshenbaugh
(813) 287-8787 x1

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