Active

$825,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • sq ft
Overview
  • ID: MFRTB8499977
  • Bedrooms:
  • Bathrooms: 0
  • Size: sq ft
Property Details
Remarks
Rare opportunity to acquire a 7.05-acre parcel within an approved Planned Development, permitting up to 12 multifamily dwelling units per the Final Conditions of Approval. The property features over an acre of upland suitable for development, overlooking approximately 6 acres of private conservation and natural wetlands. The site presents a unique development scenario where the allowable unit count is concentrated within the upland area, creating an opportunity for a well-designed, efficient layout such as townhomes, duplex-style residences, or a compact multifamily concept that leverages the natural surroundings for privacy and buffer. The property will require standard site work typical of development in the area, including land clearing, environmental coordination, and infrastructure planning. The existing PD approval provides a defined entitlement framework, allowing a developer to bypass full rezoning and move directly into site planning and permitting. Located on Henderson Road just south of Gunn Highway in the heart of Citrus Park, opportunities like this are increasingly limited. The site offers strong positioning for a boutique residential project in a growing corridor of Hillsborough County. In addition to its current multifamily entitlement, the property may present potential for alternative development concepts, subject to county approvals, rezoning, or PD modification. Buyers are encouraged to conduct their own due diligence to explore other permissible uses that may align with their development objectives. This offering is best suited for an experienced developer seeking a manageable-scale project with entitlement clarity and the ability to design around environmental features. Buyer to verify all development parameters, upland acreage, environmental considerations, utility availability, and any potential for alternative uses. Contact agent for supporting documentation. Address is estimated.
Financial Considerations
Price:
$825,000
HOA Fee:
N/A
Tax Amount:
$7500
Price per SqFt:
$2.69
Tax Legal Description:
THAT PART OF SW 1/4 OF SEC 7-28-18 DESC AS FR SW COR OF SEC 7 N 00 DEG 45 MIN 23 SEC E 266.31 FT ALG W LINE TO POB THN N 00 DEG 45 MIN 23 SEC E 692.27 FT S 61 DEG 21 MIN 03 SEC E 400 FT THN E 320 FT S 365 FT S 78 DEG 44 MIN 21 SEC W 693.52 FT TO POB
Exterior Features
Lot Size:
306133
Lot Features:
Buildable, Conservation Area, In County, Oversized Lot, Wetlands, Wooded
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
N/A
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
N/A
Cooling:
N/A
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
N/A
Style:
N/A
Year Built:
N/A
Construction Type:
N/A
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    12591 HENDERSON RD
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