Hard to find residential development opportunity. This 108.25 acre (m.o.l.) assemblage has many of the needed requirements for medium to high density development in place. Site consists of (7) parcels and has been annexed into the city limits of Dade City. Public water and sewer are available to the site. Approximately 98% of the site is "high and dry" and not located in wetlands or flood zones. Topography consists of undulating hillsides varying in elevation from approximately 85' to 165'. This site has the potential to reach 6-10 residential units per acre. FDOT has initiated eminent domain proceedings for the routing of US Hwy 98 through the site which will encumber approximately 21.6 acres (m.o.l.). AN ADDITIONAL ADJOINING 26.06 ACRES IS ALSO AVAILABLE which makes a TOTAL OF 134.31 CONTIGUOUS ACRES (m.o.l.) available.
Financial Considerations
Price:
$21,650,000
HOA Fee:
N/A
Tax Amount:
$1638.47
Price per SqFt:
$4.59
Tax Legal Description:
SE1/4 OF SW1/4 OF NE1/4 & W1/4 OF SE1/4 OF NE1/4 LESS RIGHT-OF-WAY FOR CLINTON AVE DESC AS: COM AT NW COR OF NE1/4 OF SEC 11 TH S00DG20'15" W 1327.97 FT TH S89DG50'34"E 1326.72 FT TO WEST BDY OF SE1/4 OF NE1/4 FOR POB TH CONT S89DG50'34"E 331.68 FT T O EAST BDY OF W1/4 OF SE1/4 OF NE1/4 TH S00DG20'06"W 57.53 FT TH N89DG50'36"W 331.68 FT TO WEST BDY OF SE1/4 OF NE1/4 TH N00DG 20'08"E 57.53 FT TO POB AKA PARCEL #117 PER ORDER OF TAKING CASE #91-6396CA SUBJECT TO SLOPE EASEMENT DESC AS FOLL COM AT N W COR OF NE1/4 OF SEC 11 TH S00DG20'15"W 1327.97 FT TH S89DG50'34"E 1326.72 FT TH S00DG20'08"W 57.53 FT TH S89DG 50'36"E 15.96 FT FOR POB TH S89DG50'36"E 15.00 FT TH S00DG 09'24"W 5.00 FT TH N89DG50'36" W 15.00 FT TH N00DG09'24"E 5.0 FT TO POB AKA
Exterior Features
Lot Size:
4715370
Lot Features:
Cleared, City Limits, Pasture, Rolling Slope, Paved