Listing Details for MLS # TB8369698
6720 20th Street, Zephyrhills, Fl 33542

Land - Real Estate in Zephyrhills

Listing Price: $725,000Days on Market: 68

Description of Property

***CALLING ALL INVESTORS*** Florida Commercial Group presents a prime 2.69-acre parcel located at 6720 20th Street in Zephyrhills, Florida. This is an excellent residential development opportunity to create either a single-family residential community or a mobile home park. With the rising demand for housing in the area, coupled with its strategic location and proximity to major transportation routes, this property is an ideal investment for those looking to capitalize on the future growth of Zephyrhills. Zephyrhills is experiencing a surge in demand for residential properties as development continues to push outward from Tampa. The Tampa area’s rapid urban sprawl has led many builders and investors to look towards Zephyrhills for more affordable land. This growing trend is driven by an increasing number of people relocating from larger, more congested cities like Tampa, seeking more affordable housing options. Key Features & Opportunities: • Prime Residential Development: Zephyrhills is experiencing exponential growth, making this parcel an excellent opportunity for developers. Whether for a residential community or mobile home park, the combination of location, utilities, and lot size presents an effective development opportunity in this area for residential development. • Urban Expansion from Tampa: As Tampa continues to experience significant urban sprawl, the demand for affordable residential land is increasingly being pushed out to surrounding areas like Zephyrhills. This trend has caused a surge in development as builders and investors look for opportunities in more affordable regions while still remaining close to the city. • Population Growth: Zephyrhills has seen consistent population growth over the past decade, and projections indicate this trend will continue. As families and individuals relocate from overcrowded urban centers in search of more affordable living, Zephyrhills offers the perfect balance of accessibility to major cities like Tampa and Orlando, without the high cost of living. • Affordable Housing Shortage: Like many parts of Florida, Zephyrhills is facing a shortage of affordable housing options. With housing prices rising in nearby Tampa and other metropolitan areas, many homebuyers are turning to Zephyrhills for more affordable options. Developers are responding to this by seeking land for both single-family homes and mobile home parks to meet the growing demand. • Attractive for Retirees & Remote Workers: Zephyrhills' proximity to Tampa, its small-town charm, and its affordability are making it an attractive option for retirees looking for a quieter lifestyle without sacrificing convenience. Additionally, remote workers who no longer need to live close to major cities are flocking to Zephyrhills, further driving demand for housing. • Strong Rental Market: With a growing number of people moving to the area, rental demand is also increasing. This creates additional opportunities for developers to build rental properties and multi-family units to accommodate the rising population. • Strategic Location Near Key Highways: The property's proximity to I-75, I-4, and the Florida Turnpike means that Zephyrhills offers easy access to key employment centers, schools, and amenities in Tampa, Lakeland, and Orlando. As a result, Zephyrhills is an increasingly desirable location for people looking to live in a quieter area without sacrificing access to the major hubs of Florida.