Land - Real Estate in Spring Hill
Listing Price: $15,000,000
Description of Property
119 ACRES FOR FUTURE DEVELOPMENT SITE - located on the east side of the Suncoast Parkway (589) just south of County Line Road. Property is in PASCO'S FUTURE LAND USE for EC. Many positives about this property for a developer: NO FLOOD (X ZONE). NO WETLANDS. ALREADY CLEARED. PROPERTY IS LEVEL. Located in a DESIGNATED OPPORTUNITY ZONE (The Tax Cuts and Jobs Act of 2017 established Opportunity Zones as a mechanism to provide tax incentives for investment in designated census tracts. Investments made by individuals through special funds in these zones would be allowed to defer or eliminate federal taxes on capital gains). Property is in PASCO'S FUTURE LAND USE for EC - High density residential. The EC land use designation is a mixed use land use category that permits Corporate Business Parks, “Targeted Primary Businesses”, higher density residential, and industrial uses. There are not many sites with this much acreage available next to the Suncoast parkway for future development. Call now. Sale includes 7 parcels for a total of 119 acres off the Suncoast parkway (589) near County Line Road. Parcel numbers are: Parcel ID: 02-24-18-0000-01000-0000 36.8 acres Parcel ID: 02-24-18-0000-00900-0000 21.5 acres Parcel ID: 02-24-18-0000-01200-0020 7.5 acres Parcel ID: 02-24-18-0000-01300-0010 20 acres Parcel ID: 02-24-18-0000-01300-0030 10 acres Parcel ID: 02-24-18-0000-01200-0021 15 acres Parcel ID: 02-24-18-0000-01200-0000 8.5 acres
Property Details At A Glance
Property Type: Land
City: Spring Hill
County: Pasco
Annual Tax: $3,339
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Sewer: Septic Tank
Water Source: Well
Lot Information
Lot Features: Level
Lot Size (acres): 119
Lot Size (sq. ft.): 5,183,640 square feet
Lot Dimensions: too many to list
Road Frontage: County Road
Additional Parcels: Yes
Additional Parcels Description: 02-24-18-0000-01000-0000, 02-24-18-0000-00900-0000, 02-24-18-0000-01200-0020, 02-24-18-0000-01300-0010, 02-24-18-0000-01300-0030, 02-24-18-0000-01200-0021
Legal Description & Other Information
Parcel Number: 1824020000012000000
Zoning: AR
Tax Legal Desc.: W1/2 OF E1/2 OF SW1/4 OF SW1/4 OF SEC EXC WEST 150 FT OF SOUTH 388 FT THEREOF & EXC SOUTH 25 FT THEREOF FOR RD R/W OR 1136 PG 1238 OR 1509 PG 1727 OR 7765 PG 1124 plus legal descriptions for the other 6 parcels conveying. Title company to verify.
Section: 2
Range: 18E
Listing courtesy of HOME LAND REAL ESTATE INC. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
