Homes for sale - EAST RD, Spring Hill, FL 34610

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Ricardo Simon

ricardo.simon@lptrealty.com +1(407) 476-6263

$3,900,000

Est. payment - /mo

96 Acres Lot

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UPDATED:

08/23/2024 07:03 PM

Key Details

Property Type Vacant Land

Sub Type Residential

Listing Status Pending

Purchase Type For Sale

MLS Listing ID U8247548

Construction Status Inspections

HOA Y/N No

Originating Board Stellar MLS

Annual Tax Amount $3,755

Lot Size 96.000 Acres

Acres 96.0

Lot Dimensions 5000x5000

Property Description

Under contract-accepting backup offers. This prime development opportunity spans approximately 96 acres,
priced at $3.9 million. It boasts future land use approved for one
dwelling per acre and has already received county pre-approval for
85-90 homes. At 85 homes, each lot would cost around $45,882. The
property is situated in a prime residential area surrounded by
developed neighborhoods and ongoing residential projects, making
it an attractive investment. One parcel fronts East Road, making it
ideal for residential development. Additionally, the property features
income-producing assets, including a parcel with three cottages, a
spacious 5,000 +/- sqft single-family home, and a large 2,000 sqft
barn. Another parcel includes not one but two 2,000 +/- sqft homes
and a versatile 40x40 two story garage with three bay doors.
Enhancing the property's appeal are two spring-fed lakes, adding
scenic value and potential recreational opportunities for future
residents. This expansive property offers a unique blend of pre-
approved residential potential and existing income-producing
structures. Situated in a thriving area with ongoing developments, it
provides an exceptional opportunity to meet market demand for new
homes. Imagine creating a vibrant new community where future
residents can enjoy the tranquility of spring-fed lakes and the
convenience of nearby amenities. This rare chance to develop 96
acres in a burgeoning area promises substantial returns. Act now to
secure a premier development site and shape the future of this
sought-after neighborhood. Contact today for more details and to
schedule a viewing of this exceptional property!

Location

State FL

County Pasco

Zoning AC

Exterior

Utilities Available Cable Connected, Water Available

Waterfront Description Pond

View Y/N Yes

Water Access Yes

Water Access Desc Pond

Building

Lot Size Range 50 to less than 100

Sewer Septic Needed, Septic Tank

Water Well, Well Required

Construction Status Inspections

Others

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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Listed by COASTAL PROPERTIES GROUP INTERNATIONAL

"After my 14-year service to the U.S. NAVY, I have dedicated my life to the real estate industry for the last decade. Now, my mission is to provide you with a smooth and beneficial experience in buying or selling real estate in Central Florida. Call me to learn more."

+1(407) 476-6263

ricardo.simon@lptrealty.com

EAST RD Spring Hill, FL 34610