72.1 ac located at Lighted Intersection Apollo Beach

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30559196
Property Subtypes: Hospitality, Multi-Family, Office, Retail, Retail-Pad
Status: Pending
Gross Land Area: 72.10 Acres
Sale Price: $25,000,000
Unit Price: $346,740 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/5/2021

Overview / Comments

PROPERTY DESCRIPTION The opportunity consists of approximately 72.1+/- acres located at the signalized intersection of Big Bend Rd and Waterset Blvd. There are a approximately 32.3+/- acres on the west side of Waterset Blvd and approximately 39.8 +/- Acres on the east side of Waterset Blvd. The property had a mixed use zoning in place that allows for commercial, office, hotel, multi-family and town homes.

The property is zoned PD with entitlements for a total of 397,925 SF of Office, 216,000 of Neighborhood Commercial, 472 units of multi-family, 400,000 SF of General/ Regional Commercial, 500 Hotel rooms, and 322 units of townhouses. The property benefits from being located at the signalized intersection of the main entrance to the Waterset Community that consists of approximately 1,100 homes currently built and a total of 3,000 homes when fully built out.

LOCATION DESCRIPTION The property is located at the signalized intersection of Big Bend Rd. & Waterset Blvd. which is approximately .70± miles west of I-75 on the south side of Big Bend Rd.

PROPERTY SIZE 72.1± Acres

ZONING PD

FUTURE LAND USE UMU-20

PARCEL ID U-14-31-19-ZZZ-000001-742700

CLICK the following link to view a video of the property:

https://www.youtube.com/watch?v=EVWFMrtwQPg&feature=youtu.be

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Hillsborough
Tax ID/APN: 193114ZZZ000001742700U

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 26,387 90,654
Median Age: 33.64 37.97
Households: 9,029 32,939

Contact

Photograph of Listing Agent

William A. Eshenbaugh

Eshenbaugh Land Company CE-FL Member
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