36 Developed Town Home Lots w/ 26 Boat Slips

The opportunity is to acquire 36 fully developed town home lots with 26 boat docks at “Calllista Cay” in Tarpon Springs, Florida. Roads, drainage, retention, sewer with lift station and utilities stubbed to each pad are completed. The entire Callista Cay development consists of 62 fully developed town home lots with 58 boat slips. Of which 22 units, including 19 boat slips, have been pre-sold (as of July 2013) over a three month period.

Amenities include canal with 1,000 foot new seawall with concrete cap with a fishing pier and ten completed boat docks.

The boat docks have four sizes, the smallest being 18 foot, largest being 21 foot. The marina has a 1,000 foot board walk around the canal and all outstanding boat slips.The Whitcomb Bayou has access to the Anclote River and beyond to Anclote Anchorage and the Gulf of Mexico. The property is walled and gated. There is a swimming pool and spa, gas heated, also a men’s and women’s changing rooms. The property is landscaped around the existing block, pool and cabana.

Located on the north side of Meres Boulevard, the south and west sides of manmade canals. “Callista Cay” is west of Alternate U.S. Highway 19 within the City of Tarpon Springs. The property is within adequate driving to most support facilities and services including schools, shopping and U.S. Highway 19. The site is in an established area in Pinellas County. Tarpon Springs Golf Course is to the south of “Callista Cay”, Innisbrook Resort and Golf Course is in close proximity as well as Helen Ellis Memorial Hospital.

6 Acres of which 1.08 acres is submerged land and 4.92 acres of uplands. 36 fully developed lots, each town home to be approximately 1,810 square feet. The building pad is approximately 20’ X 50‘for each lot.

Impact Fees: $8,928 per lot

HOA: The Home Owners Association is projected to have a $230 per month assessment based on full occupancy.