St Petersburg Dr Oldsmar, FL 34677

This exceptional 0.55-acre commercial parcel presents a remarkable investment opportunity in the thriving TCCN district of Oldsmar, Florida. Strategically located just one block from an approved, soon-to-break-ground project encompassing a theater, convention space, retail, and residential mixed-use development, this property enjoys unparalleled proximity to significant ongoing growth. Its prime location is further enhanced by its adjacency to the Galleria mixed-use building and a recently completed mixed-use structure at the corner of State Street and St. Petersburg Drive. The area is experiencing rapid expansion, making this a highly desirable site for future development. This lot is approved for a variety of uses, including a mixed-use building potentially accommodating up to eight or nine retail/office spaces on the ground floor and up to nine condo/office spaces on the second floor. Detailed plans for approved uses are available upon request. The property boasts pre-installed ground drainage, significantly streamlining the development process. Its location three blocks south of the busy Tampa Road, a thoroughfare with over 65,000 vehicles daily, ensures high visibility and accessibility. Further enhancing its appeal, new streetscaping is planned for the property's frontage, featuring underground utilities, 10-foot sidewalks, and decorative lighting. This is a rare chance to acquire a highly desirable commercial lot in a rapidly developing area. Priced at $320,000.