5330-5325 Treadway Drive

5330-5325 Treadway Drive

Port Richey, FL 34668

$5,200,000
Price
—
Beds
3,965 Sq. Ft.
$1,311 / Sq. Ft.
3,965
Sq. Ft.
$1,311
per Sq. Ft.

Description

Major high-return investment.. Famous Seaside Restaurant and Waterfront Lands Central Florida West Coast, Gulf of Mexico, Tampa MSA area Port Richey FL property is Pasco county's only Sea side Port.. UPSIDE RETURNS High vacancy with Major upside potential.. Pro Forma 9.45% ROI returns @ $453,600 yearly rent roll increasing, additional appreciation value 11% year over year, Total 20.45% return potential. Current Passive tenant income $80,000 yearly Short-restaurant lease, Wet slip docking, event parking,...Major high-return investment.. Famous Seaside Restaurant and Waterfront Lands Central Florida West Coast, Gulf of Mexico, Tampa MSA area Port Richey FL property is Pasco county's only Sea side Port.. UPSIDE RETURNS High vacancy with Major upside potential.. Pro Forma 9.45% ROI returns @ $453,600 yearly rent roll increasing, additional appreciation value 11% year over year, Total 20.45% return potential. Current Passive tenant income $80,000 yearly Short-restaurant lease, Wet slip docking, event parking, increasing rents. The property consists of 3 separate parcels, 6 lots total, all uplands usable buildable, 1.51AC, 200’ Waterfront Commercial frontage Offering Prime Waterfront Real Estate Restaurant, former B & B Hotel, Marina wet slip charter docking, additional development land, event parking lots. Cotee River. All Pasco county C2 COMMERCIAL Rights by zoning, Development land coverage FAR 75% (floor area ratio allowable building base floor), 200’ Commercial Waterfront wet slip docking, develop High and Dry Commercial Marina, historic Seaside Bar on River, hotel and additional land for development. redevelopment Waterfront district area, boardwalk, and waterway Dredging project plus 6 million in renovations in process, lighting, streets, signage, sidewalks, Golf cart paths, and more. Can provide all documents regarding the site all clear Phase 1 environmental studies, and boundary surveys. Famous Johnny Cash singer frequented the Seaside Bar often
Pasco ID# 32-25-16-0260-00000-0020 (Restaurant .28 AC)
ID# 32-25-16-0260-00000-0010 (Hotel .79 AC)
ID# 32-25-16-0260-00000-0080 ( Lots .44 AC) Total site 1.51AC (65,775 SF) C2 Commercial Zoned
  1. Listed by Shawn Mcnair • LPT REALTY

Property Details for 5330-5325 Treadway Drive

Subdivision Name
HARBOR VILLAS
Township
25S
Waterfront
Yes
Water View
Bay/Harbor - Full, Gulf/Ocean - Partial, Intracoastal Waterway, River

Location

Listing Courtesy of LPT REALTY, Shawn Mcnair
Add your commute
LISTING UPDATED: 02/19/2024 09:28 AM

Property Details for 5330-5325 Treadway Drive

StatusActive
MLS #T3480009
Days on Market220
Taxes$7,805 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1959
Lot Size1.51 AC / 65,775 SF
CountyPasco County

Location

Listing Courtesy of LPT REALTY, Shawn Mcnair
Add your commute

Building Information for 5330-5325 Treadway Drive

Stories2Residences-Year Built1959Lot Size1.51 AC / 65,775 SF

Payment Calculator

$29,029 per month

30 year fixed, 7.25% Interest

Principal and Interest

$28,379

Property Taxes

$650

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5330-5325 Treadway Drive

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 5142.0
  • Building Area Units: Square Feet
  • Directions: US 19 to Treadway to property
  • Mls Major Change Type: Price Increase
  • Listing Service: Full Service
  • Road Frontage Type: County Road
  • Unit Number: No
  • Street Number: 5330-5325
  • Street Name: TREADWAY
  • Street Suffix: DRIVE
  • State: FL
  • City: PORT RICHEY
Taxes and HOA Information
  • Tax Block: 00000
  • Tax Book Number: 6-43
  • Tax Legal Description: Pasco ID# 32-25-16-0260-00000-0020 (Restaurant .28 AC) ID# 32-25-16-0260-00000-0010 (Hotel .79 AC) ID# 32-25-16-0260-00000-0080 ( Lots .44 AC) Total site 1.51AC (65,775 SF) C2 Commercial Zoned
  • Tax Lot: 1,5,6,8,9
  • Tax Year: 2021
Virtual Tour
Property
Lot Information
  • Additional Parcels Description: 32-25-16-0260-00000-0020, 32-25-16-0260-00000-0080
  • Additional Parcels: Yes
  • Additional Water Information: 200 ft of commercial waterfronty
  • Parcel Number: 16-25-32-026.0-000.00-001.0
  • Total Acreage: 1 to less than 2
  • Total Num Buildings: 3
  • Water Access: Bay/Harbor, Gulf/Ocean, Intracoastal Waterway
  • Water Access: Yes
  • Water Extras: Assigned Boat Slip, Dock - Wood, Dock w/Electric, Dock w/Water Supply, Minimum Wake Zone, Sailboat Water
  • Water Extras: Yes
  • Water: Assigned Boat Slip, Dock - Wood, Dock w/Electric, Dock w/Water Supply, Minimum Wake Zone, Sailboat Water
  • Water Frontage Feet Bay Harbor: 200
  • Water Frontage Feet Canal Salt: 200
  • Zoning: C2
  • Living Area: 3965
Property and Assessments
  • Year Built Numeric: 1959
  • Flood Zone Code: x
  • New Construction: No
  • Number Of Lots: 3
  • Public Survey Range: 16E
  • Public Survey Section: 32
Utilities
  • Utilities: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block, Metal Frame, Wood Frame, Wood Siding
  • Foundation Details: Stilt/On Piling
  • Levels: Two
  • Pool: None
  • Pool Private: No
  • Waterfront Features: Bay/Harbor, Canal - Saltwater
  • Waterfront Feet Total: 400
  • Number Of Stories: 2
Interior Features
  • Cooling: Other
  • Freezer Space: Yes
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: Yes

Property History for 5330-5325 Treadway Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 5330-5325 Treadway Drive

This home is within Pasco.
Rating
School
Type
Grades
Distance
Richey Elementary School
Public - PK to 5
Chasco Middle School
Public - 6 to 8
Gulf High School
Public - 9 to 12
Marchman Technical Education Center
Public - 9 to 12
Rating
School
Distance
Richey Elementary School
PublicPK to 5

Chasco Middle School
Public6 to 8

Gulf High School
Public9 to 12

Marchman Technical Education Center
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 5330-5325 Treadway Drive, Port Richey, FL 34668

5330-5325 Treadway Drive is a mixed use property for sale in Port Richey, FL 34668. This property was listed for sale on October 17, 2023 by LPT REALTY, it's currently listed at $5,200,000. This listing's school district is Pasco. Nearby schools include Richey Elementary School, Chasco Middle School and Gulf High School. 5330-5325 Treadway Drive is a 0-bed, 0-bath, 3,965 sqft mixed use property built in 1959.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of LPT REALTY, Shawn Mcnair

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 02/19/2024 09:28 AM