29824 Wells Road, Wesley Chapel, FL 33545
- $4,200,000
- List Price
- $4,200,000
- Status
- Active
- Days on Market
- 74
- Price Change
- ▼ $500,000 1684215902
- 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
OWNER SHOULD BE GETTING A PERMIT APPROVAL FROM THE COUNTY NEXT WEEK, 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.
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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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