$954,500
$1,030,000
7.3%For more information regarding the value of a property, please contact us for a free consultation.
2.5 Acres Lot
SOLD DATE : 10/07/2024
Key Details
Sold Price $954,500
Property Type Vacant Land
Sub Type Residential
Listing Status Sold
Purchase Type For Sale
MLS Listing ID T3533607
Sold Date 10/07/24
Construction Status Inspections
HOA Y/N No
Originating Board Stellar MLS
Annual Tax Amount $2,859
Lot Size 2.500 Acres
Acres 2.5
Lot Dimensions 214x510
Property Description
Lot is 2.5 Acres MOL (.894 Acre MOL is part of the lake) "X" Flood Zone. There is an existing home on the property. Details from City of Largo: If the current home on 1631 Rosery Road was demolished and you wished to split the current parcel like the neighboring parcels into 5 parcels, you could. The total land area for 1631 rosery is 109,140 square feet. If this was divided by 5 and each parcel was equal, each parcel would be around 20,398 square feet. The future land use for these properties is residential suburban (RS). This requires a minimum lot size of 17,424 per parcel. If the sellers wanted to achieve something similar it would require a relatively large process, and the current home which sits relatively in the middle of the lot at 1631 Rosery would have to come down to achieve such a parcel split. There is however, more lake within the parcel at 1631 Rosery than there is on the neighboring 3 parcels. There would be less land to build on if something similar was achieved for this parcel, but in theory the parcel could be split to achieve something similar if the current home was demolished. The neighboring parcels are not one parcel and are all their own parcel which is why the configuration as it is now is allowed. If 1631 Rosery was split into 5 parcels, each parcel must maintain the 17,424 minimum square footage, and any home that would be built on each separate parcel would have to meet current code requirements and setbacks. The setbacks would be 10' on each side setback and 30' in the rear. The lot could be split, however, if you were to split the lot the current home would have to maintain property setbacks from the property lines. The setbacks to the property lines are as follows:10' in the side yard, and 30' in the rear yard. This means that if the lot were split, the current home would need to be a minimum of 10' from both side property lines and 30' from the rear property lines. If by splitting the lot that the home would be encroaching into any of the setbacks, we would not be able to approve the lot split from Pinellas County Property Appraiser. With that being said, if the current home is demolished, then the lot could be split into two lots, and two single family homes could be built on each lot given all property setbacks are met. Per the City of Largo. See MLS Attachments.
Non-powered boating permitted on the lake. Largo Sports Complex only 1/2 Mile away: Largo Sports Complex is a sports and athletic complex that offers a range of facilities and fields, including natural grass fields. Some features include a lighted football field, as well as three 200-foot lighted baseball fields and one 300-foot lighted baseball field. Additional options include lacrosse, softball and soccer. Eagle Lake Park entrance at the end of Rosery Rd. NE: Six Picnic Shelters, Three Restrooms, Playground, Dog Park with Two Areas for Large Dogs and One for Smaller Dogs. Paved 12-Foot Wide Recreation Trail, Numerous Shell Paths for Walking and Enjoying Nature, 2,000 Feet of Boardwalks over Restored Wetlands, Catch and Release Fishing Permitted. Central Park Performing Arts Center only 2 miles. Highland Recreation Complex only .09 Miles. Largo Public Library 2 miles. Only 19 miles to Tampa International Airport, conveniently located to beaches, shopping, restaurants and entertainment. Come explore the endless potential of this amazing Largo home! NO HOA & NO Flood Insurance Required!
Location
State FL
County Pinellas
Direction NE
Exterior
Fence Cross Fenced
Utilities Available Electrical Nearby, Electricity Available, Public, Sewer Available, Sewer Connected, Street Lights, Water Available, Water Connected
Waterfront Description Lake
View Y/N 1
Water Access 1
Water Access Desc Lake
View Pool, Water
Building
Lot Size Range 2 to less than 5
Sewer Public Sewer
Water Public, Well
Construction Status Inspections
Schools
Elementary Schools Ponce De Leon Elementary-Pn
Middle Schools Largo Middle-Pn
High Schools Largo High-Pn
Others
Pets Allowed Yes
Ownership Fee Simple
Acceptable Financing Cash, Conventional, VA Loan
Listing Terms Cash, Conventional, VA Loan
Special Listing Condition None
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