Development Opportunity

Vacant Land for Sale
Catylist Listing ID: 30805365
Property Subtypes: Multi-Family
Gross Land Area: 12.42 Acres
Sale Price: $5,800,000
Unit Price: $466,988 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/11/2022

Overview / Comments

Private natural retreat- a hidden gem. Waterfront and lush- the feeling of stepping back in Old Florida and just steps from the shores of the Gulf of Mexico yet minutes from Tampa, Clearwater or St. Petersburg.
Currently in the process of securing zoning and entitlements for 61 townhome community. Will be delivered fully entitled upon Closing.
Catalyst Design Group is currently designing 61 townhomes of approximately 2,200 SF of living area each. Common amenities will possibly include:
- a BBQ pit area
- kayak launch area
- Pickleball court
- Walking trails
New Port Richey is a very quaint and friendly place to live. It has a country feeling with many places to eat, drink, and be happy. The area boasts a lot of parks and libraries with many places to go and be entertained without the feeling of the "Big City." but close to the Big City. New Port Richey is conveniently located near the beach and Tampa.

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Pasco
Tax ID/APN: 06-26-16-0050-03700-0030
Zoning: R1

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,455 58,108 148,458
Median Age: 52.48 45.27 44.7
Households: 3,845 26,331 64,711
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