851 Charles St., Tarpon Springs, FL 34689 - Pinellas County

Description: 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 mens and womens changing rooms. The property is landscaped around the existing block, pool and

cabana.

Location: 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.

Access Access is good from U.S. Highway 19.

Size: 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 50for 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.