|
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.
DAYS ON MARKET | 928 | LAST UPDATED | 1/12/2023 |
---|---|---|---|
TRACT | 1US | RUSKIN COLONY FARMS 1ST EXTENSION | YEAR BUILT | 0 |
COMMUNITY | 33570 - Ruskin/Apollo Beach | COUNTY | Hillsborough |
STATUS | Sold | PROPERTY TYPE(S) | Lot/Land/Acreage |
PRICE HISTORY | |
Prior to Oct 14, '21 | $4,800,000 |
---|---|
Oct 14, '21 - Oct 22, '22 | $3,800,000 |
Oct 22, '22 - Nov 23, '22 | $4,800,000 |
Nov 23, '22 - Today | $1,500,000 |
ADDITIONAL DETAILS | |
AREA | 33570 - Ruskin/Apollo Beach |
---|---|
LOT | 9.35 acre(s) |
LOT DESCRIPTION | Buildable, Cleared, Compact Soil, Corner Lot, Fire Hydrant, In County, Level, Other, Pasture, Paved, Suburb, Unincorporated, Zoned for Horses |
LOT DIMENSIONS | irregular |
SEWER | Public Sewer |
SUBDIVISION | 1US | RUSKIN COLONY FARMS 1ST EXTENSION |
TAXES | 3654.98 |
UTILITIES | Cable Available, Electricity Available, Fire Hydrant, Phone Available, Sewer Available |
WATER | Public |
WATERFRONT | Yes |
WATERFRONT DESCRIPTION | Beach - Private, Lake |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Nick & Cindy
Davis to contact you even if your name is on a Federal or State
"Do not call List".
Listing provided by Art Moffa, YELLOWFIN REALTY
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 4/26/24 12:53 AM PDT.
This IDX solution is (c) Diverse Solutions 2024.