60 ac for Mixed-use Waterfront Residential New Port Richey

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30780778
Property Subtypes: Multi-Family, Office, Residential (Single Family), Retail
Status: Pending
Gross Land Area: 60 Acres
Sale Price: See Agent
Sale Terms: Undisclosed, Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/18/2022

Overview / Comments

PROPERTY DESCRIPTION- The opportunity is a unique waterfront urban infill opportunity to develop 60± acres as the next mixed-use residential neighborhood in New Port Richey, FL. The property is currently zoned for agricultural single family on 9± acres and multifamily uses on the remaining 50± acres which allows up to 12 residential units per acre to be built on the property. There is an opportunity to be annexed into the City of New Port Richey to save on Impact Fees.

Pasco County and the City of New Port Richey have expressed interest in developing a bike trail system through the adjacent City-owned property and this site.

LOCATION DESCRIPTION - The site is located on the north side of Trouble Creek Road, just west of U.S. Highway 19 in incorporated Pasco County. The site is accessible from both Barbara Street and Trouble Creek Road, also known as County Road 595A, which is an east west road on US Highway 19.

PROPERTY SIZE - 60± Acres

UTILITIES - Water and sewer are located on US 19

ZONING - AC, MF1

PARCEL ID - 18-26-16-0000-01200-0000, 18-26-16-0000-00900-0000, 18-26-16-0000-01100-0000

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Pasco
Tax ID/APN: 18-26-16-0000-00900-0000

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,568 72,495 141,696
Median Age: 45.93 45.04 44.39
Households: 5,189 32,410 61,313

Contact

Photograph of Listing Agent

William A. Eshenbaugh

Eshenbaugh Land Company CE-FL Member
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