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Freshwater Spring
2500 ± Feet from the Gulf of Mexico
Large Lot with 3 Bedroom / 3 Bathroom Residence" } ["_property_driving_directions"]=> array(1) { [0]=> string(186) "
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For Sale

Historic Indian Spring

$2,750,000

Largo, Florida

1.40 ± AC

PROPERTY DETAILS

Property Type: Land, Land Investment, Waterfront

Location: 14775 Pine Dr., Largo, Florida 33774

Frontage: 93.63 ± Feet on Pine Rd

County: Pinellas

PIN: 18-30-15-00000-220-0900

Zoning: Residential Planned Development (RPD)


Available for the first time in decades, we are pleased to present the Historic Indian Spring for sale in Pinellas County, Florida. Located less than half a mile east of the Intercoastal Waterway and the Gulf of Mexico, the property offers a rare combination of a historic all-natural Florida Spring situated in a highly desirable location. A charming local favorite, Indian Rocks Beach is just a short bike ride away and offers plenty of beachside restaurants and entertainment.

Indian Spring sits on 1.4 ± acres and dates back to the Timucua Indians and other indigenous tribes who traveled to the nearby fishing village and used this spring as a vital life-giving water source. Historians note that early villagers would bend the limbs of trees so that as they grew they would point the way towards its refreshing waters. The crystal clear spring head flows into a thirty-foot wide limestone bottom pond that is outlined by a decorative concrete wall and channel that directs the water which ultimately flows into the Intercoastal Waterway. According to a recent study, the spring emits around one million gallons of freshwater per day, which should qualify it as a third magnitude spring. This flowing water has the ability to produce hydroelectricity or serve as a potable water source on site.

Indian Spring is unique in its location as springs are very uncommon this far south in the state of Florida and in an urban setting. In addition to the spring, the property features a spacious three bedroom /three bathroom residence with a spacious living room, kitchen, office, two-car garage, and covered porch with quite a view. The property features developable land on both sides of the spring and pond, making this an attractive property for someone looking to build their dream home or have room for the family to play.

The property previously had a Water Use Permit issued by the Southwest Florida Water Management District (SWFWMD) to extract 60,000 gallons per day for water bottling purposes. This permit expired in March of 2008, however, it highlights the quality water source the spring offers.

The highest and best offers will be accepted until 5:00 PM EST on Friday, May 20th, 2022. However, the sellers reserve the right to enter into an agreement for the sale of the property prior to or after this date. Any modification to this date, terms, and conditions are subject to change. Please refer to this listing’s webpage for any modifications.

Description:
Freshwater Spring
2500 ± Feet from the Gulf of Mexico
Large Lot with 3 Bedroom / 3 Bathroom Residence

Driving Directions:
From Alt 19 and FL-688; Head West on FL-688 for 3.8 ± miles; Turn left onto Hamlin Blvd/Old Indian Rocks Rd for 0.2 ± miles; Turn right onto Pine Dr; Property will be on your right

Tyler Davis

Asset Manager & Associate Advisor

863.877.2829

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