29824 WELLS ROAD, WESLEY CHAPEL, FL 33545 | T3435128 | Berkshire Hathaway HomeServices Florida Properties Group

29824 WELLS ROAD $4,200,000



    • 9.80 Acres
    • Land
    • MLS# T3435128
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    Views: 16 Days On Site: 73

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    Property Details

    Description Tours

    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.

    • General Features
      • Additional Parcels Y/N No
      • County Or Parish Pasco
      • Special Listing Conditions None
      • Subdivision Name ACREAGE
      • Tax Annual Amount 9450.26
      • Zoning R2
    • Property Features
      • Lot Size Acres 9.8
      • Lot Size Dimensions 0000
      • Lot Size Square Feet 426888
      • Total Acreage 5 to less than 10
      • Water Access Y/N No
      • Water Extras Y/N No
      • Water View Y/N No
      • Waterfront Feet Total 0
      • Waterfront Y/N No
    • Schools
      • Elementary School Wesley Chapel Elementary-PO
      • High School Wesley Chapel High-PO
      • Middle Or Junior School Thomas E Weightman Middle-PO



    33545 (WESLEY CHAPEL) Demographics

    34 Median Age
    745 Population Density (per sq. mile)
    43% College Educated
    $83,757 Estimated Median Income
    4,949 Estimated Total Home Owners
    1,685 Estimated Total Renters
    75% / 25% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    22,515 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $385,000 Median Sales Price
    147 Homes Sold
    136 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $4,200,000 -16%
        3/22/2023 8:21:00 AM New in Database Source: Multiple Listing Service New Value: $5,000,000

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        Listing information provided in part by the IDX Program of My Florida Regional MLS DBA Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Data last updated on 6/3/2023 6:56:46 AM PST.

        Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.