Address
HWY 54 Wesley Chapel, FL
Price
$ 3,000,000
Property Attributes
  • MLS#W7818760
  • TypeLand
  • CountyPASCO
  • CityWesley Chapel
  • AreaWesley Chapel
  • Zip33545
  • Style
  • Taxes$ 16695
  • Price$ 3,000,000
  • 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 55 years and older with conditional use, It's not in the Moratorium district. 19.33 total acres which consist of 4.65 uplands and 14.60 wetlands. 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 limitations on floor area ratio on the development per the Pasco County Comprehensive Plan. Tucked away and secluded. The County has approved 148 units for development, with conditional use 55years and older 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. All the zoning with special conditional use has been completely approved. You can start construction as soon as you get your preliminary drawing approved, the zoning is already in place.

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

General Features

Additional Parcels Y/N No
Building Area Units Square Feet
City WESLEY CHAPEL
County Pasco
Current Use Commercial
Days on Market 614
Directions TAKE I-75 AND EXIT SR 54. HEAD EAST ON SR 54, PROPERTY IS ON THE LEFT
Disclosures Seller Property Disclosure
Facing Direction North
For Lease YN No
MLS Area 33545 - Wesley Chapel
Ownership Fee Simple
Property Type Land
Sewer None
Standard Status Active
Status Active
Street Name HWY 54
Tax Annual Amount 16695.02
Tax Year 2020
Terms Cash, Conventional
Township 26
Utilities Electrical Nearby, Sewer Available, Water Available
Virtual Tour https://www.propertypanorama.com/instaview/stellar/W7818760
Water Access YN No
Zoning C2

Interior Features

Flood Zone Code Zone X
Living Area Units Square Feet

Exterior Features

Lot Features Buildable, In County, Private
Lot Size Acres 19
Road Frontage Type State Road
Road Surface Type Paved
Water Extras YN No
Water Source None
Water View YN No
Waterfront Y/N No

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 $1.94M
$3M
Taxes
AVG $5,303
$16,695
Visits
AVG 1033
20

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