St. Petersburg, FL (July 6, 2022) – A long-vacant parcel with one-half of an acre of waterfront land and 200 feet of frontage, has been sold by Patrick & Chris Calhoon of the Calhoon Commercial Group of Smith & Associates Commercial Real Estate.
The property, owned by a trust, consists of three lots at the end of the Brightwater Dr. cul de sac, with expansive water views. Zoned for eighteen buildable units, with the world-famous Clearwater Beaches just a short walk away.
“The location and size of this property presented an incredible opportunity for the Buyer, who is a developer out of Nashville. His vision is to build eleven sizeable and luxurious units, which will be a mix of townhomes and condominiums with boat slips and upscale amenities,” says Patrick Calhoon.
Working as transaction brokers with both parties, the Calhoon’s will also be marketing the project once the designs are formalized.