1007 Michigan Ave - Office FOR SALE


Palm Harbor, FL 34683
$549,000 USD
727-688-4040
1007 Michigan Ave, Palm Harbor, FL for Sale
$549,000 USD
Office - FOR SALE
1/17
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1007 Michigan Ave
Palm Harbor, FL 34683


HIGHLIGHTS

  • Permit-ready redevelopment opportunity with historic approval in place
  • AC-N Activity Center land use with Downtown Palm Harbor Form-Based Code zoning
  • Wide range of permitted commercial, office, retail, and mixed-use options
  • Located one parcel off Alternate 19 with strong visibility and access
  • Flood Zone X with proximity to waterfront and adjacent trail systems
  • Ideal for owner-user, investor, or developer seeking near-term use and long-term upside

OVERVIEW

Permit-ready redevelopment opportunity within Downtown Palm Harbor’s Activity Center – Neighborhood (AC-N) land use designation and Downtown Palm Harbor Form-Based Code (DPH-FBC) zoning. The property is fully approved by the historic department and ready for building permits for a three-unit townhome development consisting of three residences of approximately 2,000 square feet each. All impact fees have been paid, providing a meaningful time and cost advantage for the next owner. The site is improved with an existing structure that is ready for immediate use as a professional office with minimal renovation required. This allows an owner-user or investor to activate the property right away while preserving the approved redevelopment plan and long-term upside. Beyond the currently approved residential development, the AC Activity Center District allows for a wide range of permitted uses under municipal code, offering exceptional flexibility. Permitted uses include office and professional services; retail and personal service businesses; grocery stores, markets, and pharmacies with or without drive-through service; clinics, medical and dental offices; financial institutions; eating and drinking establishments with or without outdoor dining (subject to code); fitness centers and studios; salons and spas; laundries; printing and copying services; private instruction and training facilities; veterinary and pet grooming facilities; artist studios and galleries; government and public facilities; automotive rental agencies, service stations, and car wash facilities; marine electronics sales and service; vehicle-for-hire services; and other neighborhood-serving commercial uses. Multi-family residential is permitted as a component of retail mixed-use development in accordance with the code. Located just one parcel off Alternate 19, the property benefits from strong visibility and access while avoiding direct highway frontage. Alternate 19 is a primary north–south corridor through northern Pinellas County, connecting Palm Harbor, Dunedin, Clearwater, and surrounding markets and supporting consistent traffic flow. The property is a short distance from the waterfront and adjacent trail systems, offering proximity to coastal amenities while remaining in Flood Zone X. Minutes from the vibrant downtown districts of Palm Harbor and Dunedin, the location is surrounded by dining, retail, breweries, marinas, and year-round activity, with continued reinvestment supporting both immediate use and future redevelopment. This offering is ideal for a builder, investor, or owner-user seeking a permit-ready project with paid impact fees, immediate office usability, and long-term flexibility under one of Palm Harbor’s most progressive zoning frameworks.

FOR SALE DETAILS

PRICE

$549,000 USD

PRICE/SF

$545 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Restaurant, Storefront, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1951

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

Commercial

APN/PARCEL ID

01-28-15-88560-105-1700

ASK ABOUT THIS PROPERTY

Walter PenachioPalm Life Realty LLCMore Info
727-688-4040

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Walter PenachioPalm Life Realty LLCMore Info
727-688-4040

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.