1 EAST ROAD SPRING HILL FL 34610 MLS #U8247556 | Gary Kusher | Florida Real Estate

1 EAST ROAD
SPRING HILL, FL, 34610
$3,900,000
Beds
0 Baths
9,000 SqFt
96.27 Acres
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This prime development opportunity spans approximately 96 acres,
priced at $3.9 million. It boasts future land use approved for one
dwelling per acre and has already received county pre-approval for
85-90 homes. At 85 homes, each lot would cost around $45,882. The
property is situated in a prime residential area surrounded by
developed neighborhoods and ongoing residential projects, making
it an attractive investment. One parcel fronts East Road, making it
ideal for residential development. Additionally, the property features
income-producing assets, including a parcel with three cottages, a
spacious 5,000 +/- sqft single-family home, and a large 2,000 sqft
barn. Another parcel includes not one but two 2,000 +/- sqft homes
and a versatile 40×40 two story garage with three bay doors.
Enhancing the property’s appeal are two spring-fed lakes, adding
scenic value and potential recreational opportunities for future
residents. This expansive property offers a unique blend of pre-
approved residential potential and existing income-producing
structures. Situated in a thriving area with ongoing developments, it
provides an exceptional opportunity to meet market demand for new
homes. Imagine creating a vibrant new community where future
residents can enjoy the tranquility of spring-fed lakes and the
convenience of nearby amenities. This rare chance to develop 96
acres in a burgeoning area promises substantial returns. Act now to
secure a premier development site and shape the future of this
sought-after neighborhood. Contact today for more details and to
schedule a viewing of this exceptional property!

Property Details

Price:
$3,900,000
MLS #:
U8247556
Status:
Active
Beds:
0
Baths:
0
Address:
1 EAST ROAD
Type:
Commercial
Subtype:
Multi Family
City:
SPRING HILL
Listed Date:
Jun 21, 2024
State:
FL
Finished Sq Ft:
9,000
ZIP:
34610
Lot Size:
4,000,000 sqft / 96.27 acres (approx)
Year Built:
1982
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I have been selling real estate for over 23 years from New York to Florida. My main service areas include Celebration, Marco Island, Miami, Naples, Orlando, Sarasota, Tampa, Windermere. We can help you buy or sell real estate anywhere in the State of Florida. Looking for Golf Course Homes For Sale, Luxury Estates, Beachfront Condos, Gated Communities, Fine Homes and Estates, we cover it all.

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Schools

Interior

Cooling
Central Air, Wall/ Window Unit(s)

Exterior

Construction Materials
Block, Vinyl Siding, Wood Frame
Other Structures
Garage(s), Storage, Workshop
Parking Features
13 to 18 Spaces

Financial

Buyer Agent Compensation
2%%
Tax Year
2023
Taxes
$3,755

Map

Community

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1 EAST ROAD
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