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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

1 Lot Available

Lot

Price $3,500,000
Price Per AC $521,610
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

PROPERTY TAXES

Parcel Number
13-26-18-0000-04300-0020
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$268,230

zoning

Zoning Code MFR2 (multi-family zoning district: MFR2 (18 units per acre); FLOOD ZONE X.)
MFR2 (multi-family zoning district: MFR2 (18 units per acre); FLOOD ZONE X.)
  • Listing ID: 33563460

  • Date on Market: 10/18/2024

  • Last Updated:

  • Address: Drexel Rd, Land O Lakes, FL 34638

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