OWNER SHOULD BE GETTING A PERMIT APPROVAL FROM THE COUNTY NEXT WEEK, OPPORTUNITY FOR INVESTOR OR DEVELOPER to acquire a 90% shovel ready property in Wesley Chapel, FL. Currently in permitting for twenty-three (23) oversized lots in addition to improvements to Wells Road. Current zoning R2 with a Future Land Use of RES-3. Total acreage of 9.80 acres located in the jurisdiction of Pasco County. Exceptional income producing opportunity MARKET CAP between 7% to 8% or build to sell. Easy access to Tampa through the Overpass Road. Close to hospitals, restaurants, Epperson Lagoon, Ice Skating Rink, Tampa Premium Outlet, Pop Stroke (a mini golf course designed by Tiger Woods), The Krate, over 40 restaurants and stores made of shipping containers), and many other places to relax and enjoy with your family.
- Price:
- $4,200,000
- Acreage:
- 9.80
- Listing ID #:
- MFRT3435128
- Street Address:
- 29824 Wells Rd
- City:
- Wesley Chapel
- State:
- Florida
- Postal Code:
- 33545
- County:
- Pasco
- Community:
- Wesley Chapel
- Subdivision:
- Acreage
- Listing Status:
- Active
- Listing Type:
- Land
- Conforms To Zoning:
- R2
- Existing Land Use:
- Subdivision
- Federal Flood Zone:
- X
- Lot Square Footage:
- 426888
- Road Type:
- Dirt
- Days On Market:
- 71
- On Market Date:
- 2023-03-22
- Originating Mls:
- Mfrmls
- Previous Listing Price:
- 4700000
- Price Per Acre:
- 428571
- Terms:
- Cash, Conventional
- Ownership:
- Fee Simple
- Property Taxes:
- $9,450
- Tax Year:
- 2022
- Utilities:
- Cable Available, Electricity Available, Water Available
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By: FUTURE HOME REALTY INC, 813-855-4982
