21 OSCAR HILL RD Tarpon Springs FL 34689

Rare opportunity to develop a hotel along the Anclote river near the Sponge Docks and Downtown Tarpon Springs, FL. This site provides +/- 1.85 AC zoned GB with possibility of vacating a road adding another +/- 0.30 AC and includes +/- 1.28 AC of Land Conservation zoning along the Anclote River. The City of Tarpon Springs is encouraging the development of temporary lodging facilities by providing the increased density of 60 units/AC with a FAR of 1.2 and ISR of 0.90 which would allow for over 110 hotel rooms and possibly 129 if the road is vacated. Currently the Sponge Docks is a day trip for most tourist, and the area is needing a hotel as the closest hotel is over 2 miles away. The GB District is established to provide for the development of a centralized commercial area where specialty retail, restaurant, office and residential uses are readily available. The site contains excellent visibility on Pinellas Ave just across from Capt’n Jacks Waterfront Grill and Tiki Bar. The site could be used for residential at 15 units/AC or approximately 28 units and possibly up to 32 units if the road is vacated. The traffic count is 14,800 vehicles per day.