721 E Lake Rd S - Commercial LAND FOR SALE


Tarpon Springs, FL 34688 107,158 SF
$1,500,000 USD
727-744-3407
721 E Lake Rd S, Tarpon Springs, FL for Sale
$1,500,000 USD
Commercial LAND - FOR SALE
1/2
107,158 SF

721 E Lake Rd S
Tarpon Springs, FL 34688


HIGHLIGHTS

  • Over 27,000 Average Annual Daily Trips (AADT)

OVERVIEW

Property Overview: This is a rare opportunity to acquire 2.46 acres of high-visibility land on East Lake Road in North Pinellas County. This site is ideally located near residential communities, schools, and recreational amenities—positioning it for successful development in the healthcare, educational, or service sectors. The property is zoned Limited Institutional (LI) with a land use designation of 1.62 acres Institutional and 0.84 acres Preservation, the latter of which may be used for stormwater management. With 1.94 acres of developable uplands and only 0.52 acres of wetlands, the site is well-suited for a range of high-demand uses. Zoning & Land Use Details: Zoning: Limited Institutional (LI) Land Use: 1.62 acres Institutional 0.84 acres Preservation (eligible for stormwater pond use) Permitted and Supported Uses Include: Assisted Living Facilities (ALFs), Child Day Care Centers, Medical Offices / Outpatient Clinics, Funeral Homes / Mortuaries (LI zoning supports both by-right and special exception uses—flexibility for institutional or community service-driven development.) Lot and Site Details: Total Acreage: 2.46 Acres Upland Acreage: 1.94 Acres (buildable) Wetlands: 0.52 Acres (minimal mitigation needed) Preservation Area: 0.84 Acres (can serve as stormwater area) Evacuation Zone: D (Low-risk category in Pinellas County) Utilities: Available at the road; water/sewer infrastructure nearby Location & Traffic Data: Address: 721 East Lake Road, Tarpon Springs, FL 34688 Frontage: Over 300 feet on East Lake Road Traffic Count: Over 27,000 Average Annual Daily Trips (AADT) Proximity to Schools: Directly adjacent to Brooker Creek Elementary School Nearby Demographics: Surrounded by family neighborhoods, active seniors, and young professionals—ideal for multi-generational service uses Minutes to: Trinity Medical Corridor Downtown Tarpon Springs Innisbrook Golf Resort John Chestnut Sr. Park Ideal Development Opportunities: This site aligns exceptionally well with Florida’s fast-growing senior population and ongoing demand for community-based healthcare and child education. Development concepts that are highly viable on this parcel include: Assisted Living Facility (ALF) or Memory Care Center Pediatric or Family Medical Office Child Development or Learning Center Funeral or Cremation Services with Chapel

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/ACRE

$609,754/AC

PRICE/SF

$14 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Office, Day Care Center, Medical

LAND ACRES

2.46 AC

LAND SF

107,158 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

Limited Institutional (LI

APN/PARCEL ID

15-27-16-00000-320-0100

ASK ABOUT THIS PROPERTY

Eric MooreVerity Senior Living PartnersMore Info
727-744-3407

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Eric MooreVerity Senior Living PartnersMore Info
727-744-3407

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