$8,600,000
Pending

12350 US HIGHWAY 41

Spring Hill, FL 34610
Browse 6 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

The property is 99.88 contiguous acres with approx. ½ mile US Hwy 41 frontage. It is located directly across from M-1 Homes 750 home residential development and just ¾ miles north of State Road 52. The property features three lakes, all spring fed. Open acres are all high and dry currently used for pasture. There is access to public sewer and water lines. Primary bounds are US41 to the west, Leland Ave. to the north, and Pilot Country Estates to the southeast, a fly-in community of estate homes.
The continued and immediate growth of Pasco County in and around the area would make this parcel a very good acquisition. With the construction of the SR 52 and US 41 interchange in full swing, plans for a new Moffitt Cancer Center just a few miles to the south, a 50+ acre mixed use development just minutes to the west, new multi-family and single family residential nearby and even some retail in the planning stages makes the property a solid purchase.
The Pasco County Board of Commissioners has passed a moratorium on car wash facilities, storage facilities and multi-family housing developments. It excluded any new projects north of SR 52 meaning the property is open to single family homes, townhomes and multi-family apartment complexes.

  • Property Details
      • Acres99.88
  • Construction Details
      • Property TypePurchase
  • Utilities / Energy Details
      • Sewer InformationSeptic Tank
      • Utility SourcePrivate
      • Utility FeaturesOther
  • Community and Neighborhood Details
      • CountyPasco
  • Financial Details
      • Original List Price$10,500,000
      • Taxes Annual$5,098
      • Days on Market (Cumulative)325
      • Buying Agency Compensation3%
  • Other
      • MLS #T3300809

Location

Darren GreeneReal Estate Group
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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