Vacant Development Land for Mixed
For Sale
Contact for pricing
1st Street NW, Largo, FL 33770
Vacant downtown assemblage positioned for higher-density residential or mixed-use development under current zoning allowances.
Property SizeContact for details
Lot Size0.47 Acres
Days on Market76
Property Features for 1st Street NW
General Information
Standard status
Active
Lot size
0.47 Acres
Property subtype
Land
Zoning
West Bay Commercial Redevelopment District
Additional Details
Opportunity Zone
Yes
Building Details
Units
28
Listing Agency:
Bridgewater Commercial Real Estate
(813) 286-2964
Listed By:
Dee Maret CCIM · License #FL BK3073218
Source:
Crexi
Added: Jun 16
Changed: Aug 8
Last Checked: Aug 29 at 12:35PM
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 Bridgewater Commercial Real Estate
Investment Insights
Based on property information with market context.
The offering is a 0.47± acre assemblage made up of four parcels of vacant commercial land. The property is held for development and is currently unoccupied, providing a clean slate for an end-to-end redevelopment plan. Based on the stated zoning for the West Bay Commercial Redevelopment District, the site now allows up to 60 residential units per acre.
The land is located in the heart of Downtown Largo’s West Bay Commercial Redevelopment District. Public remarks indicate Largo recently doubled the base residential density in this district and provides additional stackable bonuses, direct city grants, Brownfield state tax credits, and Opportunity Zone treatment.
With the 74-unit Park Vista apartments described as already rising directly across the street, this site presents an opportunity to locate new residential or mixed-use space within an active redeveloping corridor. For developers and investors focused on density-driven projects, the combination of current unit density allowances and referenced redevelopment incentives may be practical for structuring a build plan around both residential and mixed-use outcomes.
The land is located in the heart of Downtown Largo’s West Bay Commercial Redevelopment District. Public remarks indicate Largo recently doubled the base residential density in this district and provides additional stackable bonuses, direct city grants, Brownfield state tax credits, and Opportunity Zone treatment.
With the 74-unit Park Vista apartments described as already rising directly across the street, this site presents an opportunity to locate new residential or mixed-use space within an active redeveloping corridor. For developers and investors focused on density-driven projects, the combination of current unit density allowances and referenced redevelopment incentives may be practical for structuring a build plan around both residential and mixed-use outcomes.
Key Highlights
- 0.47± acre assemblage of four parcels in Downtown Largo’s West Bay Commercial Redevelopment District
- Vacant commercial land positioned for higher‑density multifamily or mixed‑use development
- Zoning allows up to 60 residential units per acre
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,257
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Vacant downtown assemblage positioned for higher-density residential or mixed-use development under current zoning allowances.
Where is this commercial land located?
The property is located at 1st Street NW Largo, FL.
What is the asking price?
The asking price for this property is $990,000.
What are key features of this property?
This property features: 0.47± acre assemblage of four parcels in Downtown Largo’s West Bay Commercial Redevelopment District; Vacant commercial land positioned for higher‑density multifamily or mixed‑use development; Zoning allows up to 60 residential units per acre
