Sold
Private Address
$1,200,000
$2.95 per sqft
Sold
9.35 Acres
Land
This property is truly one of a kind. Although the property falls under the future land use plan category of CMU-12 which allows for 12 residential units per acre, greater density may be possible. at 12 units per acre with 9.35 acres, the number of condos or apartments could be up to 112 units or up to 168 hotel rooms. Under CMU land use the floor area ratio is 50%. Multiple stories are possible. The property is not only at the SE corner of an Interstate Highway (I-75) and a major East-West boulevard (SR-674), it is also located in the extended Tampa City Urban Service Area (An area that establishes how far the City of Tampa can expand its urban growth.) To make this a perfect storm of development attributes, this site features a fully contained 5.5 acre (more or less) spring fed lake, making this site a potential resort destination The site has been approved too extract up to 40,000 gallons of potable water per day. Projected sales would be $2,000,000 per year with little or no costs of goods. The home could become a great waterfront restuarant.
T3250469
MLSⓇ ID
June 26, 2020
Listed
March 22, 2024
Updated
Map
Private Address
Exterior/Building Features
Lot Size
9.35 Acres
Lot Features
Buildable, Cleared, Compact Soil, Corner Lot, Fire Hydrant, In County, Level, Other, Pasture, Paved, Suburb, Unincorporated, Zoned for Horses
Sewer
Public Sewer
Other Property Details
Area Name
33570 - Ruskin/Apollo Beach
Taxes
$3,655
Tax Frequency
Annually
Days on Market
848
Garage
No
View
No
County
Hillsborough
Municipality
32
Water Source
Public
Pool
No
Waterfront
Yes
Zoning
AS=1
Buyer Agency Compensation
3%-$330
Listed by Art Moffa, with YELLOWFIN REALTY
Listing Contact: 813-229-8862
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Data last updated 3/22/2024, 5:44 AM UTC