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0 Baths
1,008 sqft

$489,000

1007 MICHIGAN AVE, PALM HARBOR FL, 34683

Price per sqft$485.12
Built in1951
Property size1,008 sqft
Property typeCommercial
Courtesy of PALM LIFE REALTY, Walter Penachio  Listing Contact: 888-877-4040

Overview

Active

Listed Jan 19, 2026

Updated 3 weeks ago

Virtually Staged. 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.

Additional information

MLS® ID
TB8466258

Interior Features

Bathrooms
0
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.2 Acres

Other Property Details

Taxes
$3,125
Tax Frequency
Annually
Association Fee Frequency
Monthly

Listings courtesy of Stellar MLS as distributed by MLS GRID

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Based on information submitted to the MLS GRID as of 7:06 AM UTC on 10/8/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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