Property Description

Attention builders — premium teardown lot in Palma Ceia West, priced below every comparable land sale in the market. At 9,384 sq ft (68' x 138'), this lot is larger than every recent teardown and new-construction parcel in the area, and at $649,000 it comes in at just $69.16 per lot sq ft — below the entire range of comparable land sales ($72.22–$116.68/sq ft). The U-shaped driveway offers dual access points for equipment and material staging during construction. Zoned RS-60, single-family. Flood Zone X — no flood insurance required. Existing 1,392 sq ft home (built 1950) is a teardown; all value is in the land. Zoned for Mabry Elementary, Coleman Middle, and Plant High School, with Palma Ceia Golf & Country Club (est. 1916, home of the Gasparilla Invitational since 1956) just over a mile away. The comparable home next door, built 2022 at 3,946 sq ft, sold for $1,750,000 — direct proof of concept for this exact lot and location. Bring your plans.