Address
HWY 54 Wesley Chapel, FL
Price
$ 1,995,000
Property Attributes
  • MLS#W7818760
  • TypeLand
  • CountyPASCO
  • CityWesley Chapel
  • AreaWesley Chapel
  • Zip33545
  • Style
  • Taxes$ 16695
  • Price$ 1,995,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size19 Acres
Listing Provided Courtesy Of:
SOUTHLAND PROPERTIES GROUP INC
Data Source:
Stellar MLS
Property Description

This tract has HUGE potential! Property is approved, grandfather in and exempt, allowing Multi-family, It's not in the Moratorium district. 19.33 total acres which consist of 4.65 uplands and 14.60 wetlands. Seller will consider selling uplands (4.65 ares) for $1,995,000.. Whether your starting your own business or buying for an investment, you don't want to miss this one! This tract is in a rapidly expanding area! In close proximity to: WAWA's, Walgreen's , Chick-Fil-A, Wiregrass Mall, Baycare Health, Morton Plant, and Advent-health Hospitals, and so much more. With amenities seconds away, this track can readily support a multi family project, apartments, or even an upscale Hotel or climate controlled storage facility. Site is located in an Urban Service Area. C-2 General Commercial District zoned properties do not have a maximum building height in the Urban Service Area. There are limitation on floor area ration on the development per the Pasco County Comprehensive Plan. Tucked away and secluded. The County has approved 148 units for development in a multi family/multi apartments units. To obtain an additional 3 acres, which allows 200 units, There are two options as follows: 1.) Reduction of elimination showing that you need the additional acreage, an environmental consultant, process called UMAM (UNIFORM MITIGATION ASSESSMENT METHOD. WHICH CAN BE DETERMINED WITHIN ONE WEEK. 2.) Exchange upland for wetlands based on scoring. You can buy 1-Credit at $120K, called Forest Credits (Cypress) from the Mitigation Bank. There are 3 entry/exit easements: one is 70' (access entry from SR 54), one is 36' (at the Bruce B Downs red light and goes behind Walgreens), and one is 25' (behind WAWA's). This tract is Located right off I-75 and SR 54. This tract is an ideal location for a new business or expansion! The average income, along with commuting traffic flow, can readily support any investment venture. Commuting couldn't get any easier with the on/off ramp to I-75 just feet away. This piece is centrally located around a thriving community. Minutes away from multiple Hospital Facilities as well as Downtown Tampa. Contact the Listing Agent for full Demographics.

Price History
4/25/2021 Listed $1,995,000

General Features

Facing Direction North
MLS Area 33545 - Wesley Chapel
Property Type Land
Sewer None
Special Listing Conditions None
Status Active
Terms Cash, Conventional
Township 26
Utilities Electrical Nearby, Sewer Available, Water Available
Zoning C2

Exterior Features

Lot Features Buildable, In County, Street Private
Lot Size Acres 19.00
Road Frontage Type State Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 33545

Price
AVG $1.58M
$2M
Taxes
AVG $4,525
$16,695
Visits
AVG 697
578

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