$3,900,000
( $433.33Per Sq Foot )
 $20,936 est/mo Sourced by Back At You

1 East Rd , SPRING HILL, FL 34610

SPRING HILL, FL 34610

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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!

Details

MLS#U8247556
Listing TypeFor Sale
StyleTown House
Sub-TypeFor-sale
StatusPending
Year1982
Days On Site109
Listing Provided ByCOASTAL PROPERTIES GROUP INTERNATIONAL | Steven Santucci, LLC

Features

SQ Feet9,000
BasementY
Acreage96.27
Water FrontYes

Market Activity 34610

 Listings courtesy of Stellar MLS as distributed by MLS GRID.Based on information submitted to the MLS GRID as of October 9, 2024 at 12:20:40 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

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Learn More About This Property

StateFL
CountyPasco
CitySPRING HILL
Zip Code34610
Area34610 Spring Hl | Brooksville | Shady Hls | WeekiWachee
Listing VS Median (in 34610)
Price:
$3,900,000
low | high
Med:
$384,990
100% of Average
SqFt:
9,000
low | high
Med:
2,371
100% of Average
$ / SqFt:
$433
low | high
Med:
$162
100% of Average
On Site:
109
low | high
Med:
35.000000
100% of Average
Sourced by Back At You
Listing Updated: September 4, 2024 at 10:15:44 AM PDT
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