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Commercial Land with Redevelopment Potential
For Sale
$799,900

1200 8TH AVE SW #1, Largo, FL 33770

Two-parcel property with an existing legally non-conforming pizza restaurant and redevelopment considerations under current land-use designations.

Days on Market193

Property Features for 1200 8TH AVE SW #1

General Information

Standard status Active
Property subtype LAND
Listing Agency: REK REALTY
Listed By: Adam Kimbrell · License #3312343
Source: Stationsquarerealty
Added: Jan 19 Changed: Jul 31 Last Checked: Jul 31 at 9:25AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of REK REALTY

Investment Insights

Based on property information with market context.

This commercial land offering includes two parcels at 1200 8th Ave SW #1 in Largo, Florida, with an existing legally non-conforming pizza restaurant operating under a Commercial Condo designation. Current zoning and land-use designations are Recreational for one parcel and Medium Residential for the other, according to the City of Largo.

The City’s Planning Department indicates that fully conforming use of both parcels would require rezoning the Recreational parcel to Medium Residential. Once fully rezoned, the property may support multifamily residential density of up to 15 units per acre and development of up to four stories, subject to buyer verification. Potential configurations identified include townhomes, apartments, condos, duplexes, triplexes, and fourplexes.

The property is near Taylor Park and the former golf course behind the site, which the City of Largo is converting into a water management district with plans to ultimately create a walking park and greenspace.

Key Highlights

  • Two parcels included in the sale at 1200 8th Ave SW #1, Largo, FL 33770
  • Existing legally non‑conforming pizza restaurant under a Commercial Condo designation
  • Current land use is Recreational on one parcel and Medium Residential on the other

Property Analytics

Current Use

Your Pizza Shop Restaurant Master Dennis Kelly Gym & Fitness Center Saltwater Crew Disc ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Dental Office Law Firm Parking Lot & Garage Spa & Massage Center Hair Salon (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

544
Businesses Nearby

Demographics for 33770, FL

25,475
Population
13,417
Households
1.9
Avg Household Size
50
Median Age
26%
College-Educated
90%
High-School Grad
5.2 sq mi
ZIP Area
4,899
Density / Sq Mi
$58,071
Median Household Income
$39,354
Median Earnings
$1,481
Median Rent
$245,200
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - Two-parcel property with an existing legally non-conforming pizza restaurant and redevelopment considerations under current land-use designations.
Where is this commercial land located?
The property is located at 1200 8TH AVE SW #1 Largo, FL.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: Two parcels included in the sale at 1200 8th Ave SW #1, Largo, FL 33770; Existing legally non‑conforming pizza restaurant under a Commercial Condo designation; Current land use is Recreational on one parcel and Medium Residential on the other
More about this property
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