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1007 MICHIGAN AVENUE

Commercial For Sale
$499,000

BTC: 7.67692308

ETH: 277.22222222

-$50K (2026/04/07)
133 days
0 room(s)
1,008 sqft

Overview

Permit-ready redevelopment opportunity within Downtown Palm Harbor’s Activity Center – Neighborhood (AC-N) land use designation and Downtown Palm Harbor Form-Based Code (DPH-FBC) zoning. The property is fully approved by the historic department and ready for building permits for a three-unit townhome development consisting of three residences of approximately 2,000 square feet each. All impact fees have been paid, providing a meaningful time and cost advantage for the next owner. The site is improved with an existing structure that is ready for immediate use as a professional office with minimal renovation required. This allows an owner-user or investor to activate the property right away while preserving the approved redevelopment plan and long-term upside. Beyond the currently approved residential development, the AC Activity Center District allows for a wide range of permitted uses under municipal code, offering exceptional flexibility. Permitted uses include office and professional services; retail and personal service businesses; grocery stores, markets, and pharmacies with or without drive-through service; clinics, medical and dental offices; financial institutions; eating and drinking establishments with or without outdoor dining (subject to code); fitness centers and studios; salons and spas; laundries; printing and copying services; private instruction and training facilities; veterinary and pet grooming facilities; artist studios and galleries; government and public facilities; automotive rental agencies, service stations, and car wash facilities; marine electronics sales and service; vehicle-for-hire services; and other neighborhood-serving commercial uses. Multi-family residential is permitted as a component of retail mixed-use development in accordance with the code. Located just one parcel off Alternate 19, the property benefits from strong visibility and access while avoiding direct highway frontage. Alternate 19 is a primary north–south corridor through northern Pinellas County, connecting Palm Harbor, Dunedin, Clearwater, and surrounding markets and supporting consistent traffic flow. The property is a short distance from the waterfront and adjacent trail systems, offering proximity to coastal amenities while remaining in Flood Zone X. Minutes from the vibrant downtown districts of Palm Harbor and Dunedin, the location is surrounded by dining, retail, breweries, marinas, and year-round activity, with continued reinvestment supporting both immediate use and future redevelopment. This offering is ideal for a builder, investor, or owner-user seeking a permit-ready project with paid impact fees, immediate office usability, and long-term flexibility under one of Palm Harbor’s most progressive zoning frameworks.

Location

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1951
Lot:
0.20 Acres
Heating:
Central / Electric
Price/sqft:
$495
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$274,999
$187K – $433K
Confidence Low
List vs. estimate
$224K above estimate
List $499,000 · +81.5%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$495
+2076.0% vs. city median $22
Based on
7 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$3,125
2024
All facts and features
  • Heating

    • Central

    • Electric

    Cooling

    • Central Air

  • Lot

    • Lot: 0.20 Acres

    Other Property Information

    • Parcel Number: 012815885601051700

    • Zoning: OPH-D

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Office

  • Utility

    • Public

  • Other financial information

    • Annual tax amount: $3,125

  • Source details

    • MLS ID: TB8466258

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Lot Features: Oversized Lot

    • Direction Faces: South

    • Living Area: 1008

    • Water Source: Public

    • Lot Size Dimensions: 75 x 115

    • Subdivision Name: SUTHERLAND TOWN OF

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: PALM LIFE REALTY