SCHERER DEVELOPMENT, LLC
CLEARWATER, FLORIDA

Scherer Development LLC is a seasoned private real estate investment firm located in St. Petersburg, Florida. Established in 1999 with expertise spanning over two decades, the company specializes in real estate development, entitlement acquisition, and building construction. Scherer Development adeptly focuses on acquiring un-entitled raw land intended for development and high-vacancy rate properties yielding income. Initially operating to enhance client real estate value, it evolved into a principal investor entity. To date, since its founding year of 1994, the firm has successfully acquired, permitted, and developed an impressive portfolio comprising 8.7 million square feet of land, including over 600 residential units and more than 750,000 square feet of retail and commercial properties. The company provides swift and proficient property evaluations to assess potential acquisition opportunities. Scherer Development is officially recognized in Florida with a company status confirmed by the Models.Dos.FloridaCompanyStatus framework. It holds the filing number L99000005091, classifies as an FLAL type corporation, and was incorporated on August 17, 1999. The firm's mailing address is located at 235 3rd Avenue N, St Petersburg, FL 33701, with contact number (727) 535-5151. Further information can be accessed through their website at schererdevelopment.com. In recent activity reports, the last update was an amendment and name change on April 14, 2000, while the most current annual report date is noted as April 5, 2024, for the year 2024. The company holds a Federal Employer Identification Number (FEI) of 593592823. John C Scherer serves both as manager and a pivotal officer in the firm.