South Pasadena Development
For Sale
$899,000
7001 & 7011 HIBISCUS AVENUE S, South Pasadena, FL 33707
Over half-acre corner lot zoned RM-10 for townhome development.
Property Size6,600 SF
Lot Size0.60 Acres
Price / SF$136.21
Days on Market129
Property Features for 7001 & 7011 HIBISCUS AVENUE S
General Information
Standard status
Active
Size
6,600 SF
Lot size
0.60 Acres
Property subtype
Land or Vacant Lot
Taxes and HOA fees
Annual Taxes
$8,793
Amenities
Corner Lot
Pool
Public Pool
Buildable
Flood Plain/Bottom Land
Oversized
Paved
Listing Agency:
COPELAND MORGAN LLC
(727) 235-7988
Listed By:
JEFF COPELAND
Source:
Corcoran
Added: Apr 7
Changed: Aug 8
Last Checked: Jul 16 at 7:12AM
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 COPELAND MORGAN LLC
Investment Insights
Based on property information with market context.
This property presents a development opportunity with over a half-acre corner lot zoned RM-10 in South Pasadena. The .6 acre parcel has received conceptual approval from the city for the development of five townhomes. The parcel consists of two platted lots under common ownership: 7001 Hibiscus Ave S (Lot 18), which is .3 acres and allows up to three dwelling units, and 7011 Hibiscus Ave S (Lot 17), which is .296 acres and allows up to two dwelling units. Lot 18 currently has a 1,344 sq ft single family home built in the 1960s and a 6,600 sq ft three-story duplex built in the 1990s with wood balconies and decking. Lot 17 currently has a single family home. Both structures have flood damage from the 2024 hurricanes. The configuration allows for flexibility in terms of redevelopment: keeping the parcels separate to build up to three units on lot 18 and up to two units on lot 17; combining the parcels to build five townhomes; or requesting a variance for a sixth unit. Recent surveys and email correspondence with the City are included.
Key Highlights
- Over half‑acre corner lot with RM‑10 zoning in South Pasadena.
- Conceptually approved for development of five townhomes.
- Up to 50% seller financing may be available (terms negotiable).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
879
Businesses Nearby
Explore this area
Business Placement
Demographics for 33707, FL
24,646
Population
16,579
Households
1.5
Avg Household Size
58
Median Age
40%
College-Educated
95%
High-School Grad
5.3 sq mi
ZIP Area
4,650
Density / Sq Mi
$68,560
Median Household Income
$45,513
Median Earnings
$1,512
Median Rent
$344,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Over half-acre corner lot zoned RM-10 for townhome development.
Where is this residential land & home lot located?
The property is located at 7001 & 7011 HIBISCUS AVENUE S South Pasadena, FL.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Over half‑acre corner lot with RM‑10 zoning in South Pasadena.; Conceptually approved for development of **five townhomes**.; Up to 50% seller financing may be available (terms negotiable).
