13.1+- Acres "Fort King" Phase II in Zephyrhills

Vacant Land for Sale
Catylist Listing ID: 28278894
Property Subtypes: Multi-Family
Gross Land Area: 13.10 Acres
Sale Price: $1,800,000
Unit Price: $137,404 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/25/2019

Overview / Comments

Description: “Fort King” is a 13.1 acre parcel planned as a second phase to compliment the newly constructed Fort King Colony Apartments built by The Richman Group. This site is planned for a 120 unit apartment project with access via an easement through Fort King Colony, however the zoning allows for town homes as well. The overall development received master SWFWMD approval and phase 2 drainage was accounted for.

Location: The property is located on the corner of Daughtery Road and Fort King Highway in Zephyrhills, FL 33541. The parcel is located centrally in Zephyrhill’s retail and medical area, between Fort King Road and Gall Blvd. The potential for an adult/55+
residential development is good with it’s proximity to services important to an adult community. Less than two miles north of historic downtown Zephyrhills.

Size: 13.1± acres

Tax No. 03-26-21-0010-01400-0000

Zoning: R-4 (14 units per acre) for a total of 120 MF units

Future Land Use: Residential Urban

Utilities: Water and sewer are to site.

This listing has a variable rate commission.

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Pasco
Tax ID/APN: 2126030010014000020

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,022 41,487 60,194
Median Age: 58.96 53.09 52.41
Households: 3,371 18,963 26,775


Photograph of Listing Agent

William A. Eshenbaugh

Eshenbaugh Land Company CE-FL Member
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