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HWY 54 WESLEY CHAPEL, FL 33545

  • 19.00 Acres
  • Land
  • MLS# W7818760
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Views: 601 Days On Site: 516

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Property Details

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This tract has HUGE potential! Property is approved, grandfather in and exempt, allowing Multi-family, It's not in the Moratorium district. 19.33 total acres which consist of 4.65 uplands and 14.60 wetlands. Seller will consider selling uplands (4.65 ares) for $1,995,000.. Whether your starting your own business or buying for an investment, you don't want to miss this one! This tract is in a rapidly expanding area! In close proximity to: WAWA's, Walgreen's , Chick-Fil-A, Wiregrass Mall, Baycare Health, Morton Plant, and Advent-health Hospitals, and so much more. With amenities seconds away, this track can readily support a multi family project, apartments, or even an upscale Hotel or climate controlled storage facility. Site is located in an Urban Service Area. C-2 General Commercial District zoned properties do not have a maximum building height in the Urban Service Area. There are limitation on floor area ration on the development per the Pasco County Comprehensive Plan. Tucked away and secluded. The County has approved 148 units for development in a multi family/multi apartments units. To obtain an additional 3 acres, which allows 200 units, There are two options as follows: 1.) Reduction of elimination showing that you need the additional acreage, an environmental consultant, process called UMAM (UNIFORM MITIGATION ASSESSMENT METHOD. WHICH CAN BE DETERMINED WITHIN ONE WEEK. 2.) Exchange upland for wetlands based on scoring. You can buy 1-Credit at $120K, called Forest Credits (Cypress) from the Mitigation Bank. There are 3 entry/exit easements: one is 70' (access entry from SR 54), one is 36' (at the Bruce B Downs red light and goes behind Walgreens), and one is 25' (behind WAWA's). This tract is Located right off I-75 and SR 54. This tract is an ideal location for a new business or expansion! The average income, along with commuting traffic flow, can readily support any investment venture. Commuting couldn't get any easier with the on/off ramp to I-75 just feet away. This piece is centrally located around a thriving community. Minutes away from multiple Hospital Facilities as well as Downtown Tampa. Contact the Listing Agent for full Demographics.

  • General Features
    • Additional Parcels Y/N false
    • County Or Parish Pasco
    • Disclosures Seller Property Disclosure
    • Special Listing Conditions None
    • Tax Annual Amount 16695.02
    • Zoning C2
    • Current Use Commercial
  • Building Features
    • Direction Faces North
  • Property Features
    • Lot Features Buildable, In County, Private
    • Lot Size Acres 19
    • Lot Size Dimensions 0
    • Lot Size Square Feet 0
    • Total Acreage 10 to less than 20
    • Road Frontage Type State Road
    • Water Access Y/N No
    • Water Extras Y/N No
    • Water View Y/N No
    • Waterfront Feet Total 0
    • Waterfront Y/N false

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Neighborhood

33545 (WESLEY CHAPEL) Demographics

32 Median Age
575 Population Density (per sq. mile)
45% College Educated
$73,224 Estimated Median Income
3,841 Estimated Total Home Owners
1,272 Estimated Total Renters
75% / 25% Estimated Owner / Renter Divide
3 Estimated Average Household Size
16,967 Total Population
Community data courtesy of LiveBy, Inc.

Market Last 30 Days In This Postal Code

$322,240 Median Sales Price
80 Homes Sold
71 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 New Value: $1,995,000 14%
      12/10/2019 3:44:00 PM New in Database Source New Value: $1,750,000

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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 5/9/2021 5:52:15 AM.

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      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.