For Sale
$3,900,00096.27 Acres
For Sale
9,000 sq ft

1 EAST ROAD, Spring Hill, FL 34610 - Pasco County

Commercial
Lakefront
Waterfront
Static Google Map
Property ID 20712651

Multi-Family - SPRING HILL, FL

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!

Copyright © 2024 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Steven Santucci

COASTAL PROPERTIES GROUP INTERNATIONAL
(727) 459-9013

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Steven Santucci

COASTAL PROPERTIES GROUP INTERNATIONAL