29824 Wells Road, Wesley Chapel, FL 33545

$2,999,900
List Price
$2,999,900
Status
Active
Days on Market
427
Price Change
▼ $300,100 1699346463
MLS#
T3435128
Lot Size
426,888
Acres
9.80
Total Acreage
5 to less than 10
Legal Subdivision Name
Acreage
MLS Area Major
Wesley Chapel

Property Description

OPPORTUNITY FOR INVESTOR OR DEVELOPER to acquire a 90% shovel ready property in Wesley Chapel, FL. Currently in permitting for twenty-three (23) oversized lots in addition to improvements to Wells Road. Current zoning R2 with a Future Land Use of RES-3. Total acreage of 9.80 acres located in the jurisdiction of Pasco County. Exceptional income producing opportunity MARKET CAP between 7% to 8% or build to sell. Easy access to Tampa through the Overpass Road. Close to hospitals, restaurants, Epperson Lagoon, Ice Skating Rink, Tampa Premium Outlet, Pop Stroke (a mini golf course designed by Tiger Woods), The Krate, over 40 restaurants and stores made of shipping containers), and many other places to relax and enjoy with your family.

Additional Information

Taxes
$9450
Community Features
No Deed Restriction
Zoning
R2
Utilities
Cable Available, Electricity Available, Water Available
Pool
No Pool
Elementary School
Wesley Chapel Elementary-Po
Middle School
Thomas E Weightman Middle-Po
High School
Wesley Chapel High-PO
Flood Zone Code
X
Parcel ID
20-26-05-000.0-003.00-002.0
Legal Description
E1/2 OF W1/2 OF FOLLOWING DESC:THE N1/2 OF SE1/4 OF NE1/4 OF SEC 5 LESS THE EAST 25 FT THEREOF FOR R/W; SUBJECT TO & TOGETHER WITH EASEMENT FOR INGRESS & EGRESS OVER & ACROSS THE NORTH 15 FT OF SAID N1/2 OF SE1/4 OF NE1/4 THEREOF & W1/2 OF WEST 1/2 OF FOLL DESC;NORTH 1/2 OF SE1/4 OF NE1/4 OF SECTION 5 LESS EAST 25 FT THEREOF FOR RD R/W; SUBJECT TO & TOGETHER WITH EASEMENT FOR INGRESS & EGRESS OVER & ACROSS NORTH 15 FT OF SAID N1/2 OF SE1/4 OF NE1/4 SUBJECT TO UTILITY EASEMENT PER OR 7732 PG 1414

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Listing courtesy of FUTURE HOME REALTY INC.

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