5325 TREADWAY, PORT RICHEY, FL, 34668 — photo 1
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5325 TREADWAY, PORT RICHEY, FL, 34668

$4,100,000

1.23 Acres

About This Property

Legacy Property and location, South Pasco County, the only Port in Pasco County to the Gulf waters. Allowing major Commercial Docking expansion..The Hotel is not operating due to being on the market for sale, and the commercial wet slip docking is 80% leased with high-income upside potential. Cotee River next to Hooters Restaurant, Major Resort Bar Restaurant area. 1.23 ac C2 COMMERCIAL ZONING, Development land coverage FAR 75%, 100’ wet slip Commercial Marina, Seaside Bar, historic Bar on River, and hotel, and additional land for development. Land use as multifamily 40 units per ac, 2.0 far, 110’ height with approvals. City of Port Richey, redevelopment area, boardwalk and waterway Dredging project in process. 5 mil in renovations, lighting, streets, sidewalks, Golf cart paths.. Offering for Hotel resort development. This is a commercial multi-use development property. It consists of 2 parcels, 5 lots total, C2 Commercial zoned uses, 1.23 AC, We have Phase 1 environmental and surveys. concepts and reports to develop a Hotel resort. City of Port Richey is redeveloping the infrastructure approved with 4-5 mil in improvements of the Waterfront district, roads, parking, and lighting & signage on US 19.. Future concept is a river walk concept that connects the waterfront businesses.

Subdivision

HARBOR VILLAS

Status

Active

Listed By

LPT REALTY, LLC

Days on Market

132

Mortgage Calculator

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Est. Monthly Payment

$23,974

30-yr fixed · 20% down · 6.875%

Principal & Interest$21,547
Property Tax (actual)$719
Est. Home Insurance~0.5% est.$1,708
Total / month$23,974
Loan amount$3,280,000

Estimates only — taxes and insurance are approximate. PMI rate, actual lender fees, and closing costs not included. Contact a licensed lender for a precise quote.

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MLS# 6fe1b7b4c7ffd8e864ce85a882b48937

Location