2650 Alderman ROAD, Palm Harbor, FL, 34684 | $240,000

Prime land lease opportunity in the heart of Palm Harbor, FL! This exceptional property offers three access points, including two direct connections to Alderman Road and a perpetual easement, ensuring convenient entry for any commercial venture. With excavation work already in place for a 10, 000 SF structure (county-approved for 8, 400 SF with potential for mitigation to meet full size), this site is shovel-ready and ideal for OFFICE, RETAIL OR RESTAURANT. Situated in a high-demand area, this property benefits from proximity to major businesses, including Publix, Starbucks, Walmart, and an array of local restaurants and shops. Located just seconds from US-19 and near the future Alderman Road/US-19 overpass, the property offers unparalleled visibility and accessibility. With a growing population of over 64, 000 residents in Palm Harbor, this site is perfect for businesses looking to capitalize on a vibrant, expanding community.
This triple net lease features flexible terms, including 29 years to align with tax depreciation schedules and a rent mitigation reduction until C. O. is obtained. Don’t miss this rare chance to lease a prime commercial property in one of Tampa Bay’s most sought-after markets.
Contact me today to learn more about this exceptional opportunity!

Features

  • Property Type: Office
  • Construction: Block
  • Levels: 1
  • Cooling: None
  • Lot Size: 110 x 198
  • Year Built: 1973
  • Acreage: 0.5
  • Est. Taxes: $5,067
  • Lease Terms: 6 + Years
  • MLS#: TB8339539
  • Days on Market: 3 days
  • Website: https://www.raveis.com
    /prop/TB8339539/2650aldermanroad_palmharbor_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 1/20/2025 3:06:04 AM)
Listing courtesy of TAMPA BAY REAL ESTATE CO LLC   Phone: 813-395-2375

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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2650 Alderman ROAD, Palm Harbor, FL, 34684

$240,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $192,000 $192,000 $192,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.875% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.191% 7.171% 6.276%
Monthly Tax Payment $422 $422 $422
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,261 $1,276 $1,619
Total Monthly Payment $1,758 $1,773 $2,116

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.