Drexel Rd - Drexel Rd - Permitted 69 Unit - Land O Lakes 6.71 Acres of Commercial Land Offered at $3,500,000 in Land O Lakes, FL 34638
INVESTMENT HIGHLIGHTS
- Just a 12 minute drive to main road bringing you to multiple shopping centers grocery stores and restaurants
- Prime Investment
EXECUTIVE SUMMARY
Conveniently located in the heart of Land O' Lakes, near the intersection of Lake Patience Rd. and Land O' Lakes Blvd (U.S. Hwy. 41). Surrounded by new development, proposed is a stylish and beautifully modern 69-unit Condominium on Drexel Rd. This 2 story Multi-Family product will be built around luscious greenspaces. Just minutes from restaurants, retail and schools.
PROPERTY FACTS
| Price | $3,500,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 6.71 AC |
| Zoning | MFR2 - multi-family zoning district: MFR2 (18 units per acre); FLOOD ZONE X. |
1 LOT AVAILABLE
Lot
| Price | $3,500,000 |
| Price Per AC | $521,609.54 |
| Lot Size | 6.71 AC |
Permitted and ready. Welcome to this prime vacant land parcel ready for infill on this 6.7 acre lot, with ZONING: MFR2 (18 units per acre); FLOOD ZONE X.
PROPERTY TAXES
| Parcel Number | 13-26-18-0000-04300-0020 | Improvements Assessment | $0 |
| Land Assessment | $370,414 | Total Assessment | $370,414 |
