$925,000
For Sale

12199 FORT KING ROAD

Dade City, FL 33525
Browse 10 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

This is an excellent opportunity to develop 7± acres at 12199 Fort King Road in Dade City, FL. The site is located at the corner of Fort King Road and Roberts Road with access to Clinton Avenue. It was recently rezoned to MF-1 Multiple-Family Medium Density District offers a great opportunity for a small townhome development due to its location. The site will be fully entitled for a maximum density of 42 units and buildings are limited to 3-8 units per building with a height limit of two (2) stories. Additionally, driveways must be at least 23 feet in length. Architectural features are required to provide at least three (3) different features from a list provided by Pasco County.
Water and sewer would be supplied to the property from Dade City. Sewer will likely need to be extended to the site as development occurs. According to the Utilities Director with the City of Dade City, the current waste water treatment plant does not have sewer capacity
for development at this time. However, the City is in the design phase to build a new waste water treatment plant, which would allow for the capacity to develop additional new homes within the city.
This property is located at the NW corner of Roberts Road and Fort King Road in southwest Dade City in Pasco County, Florida. The site
proximate to the recently improved and widened State Road 52 (Clinton Avenue) and is about 1 mile northwest of the intersection of State Road 52 (Clinton Avenue) and US Highway 301 where a new Publix was recently developed. AdventHealth Dade City is a 120-bed hospital located less than 1-mile north. Additionally, there are quite a few national retailers and local businesses that are proximate to the subject along US Highway 301.

  • Property Details
      • Lot DescriptionIn County
    • Measurements
      • Acres7
  • Construction Details
      • Property TypePurchase
  • Utilities / Energy Details
      • Utility FeaturesBB/HS Internet Capable, Cable Available, Electricity Available, Sewer Nearby, Water Nearby
  • Community and Neighborhood Details
      • CountyPasco
  • Financial Details
      • Original List Price$925,000
      • Taxes Annual$1,645
      • Days on Market (Cumulative)232
  • Other
      • MLS #T3496293

Location

Stephanie LeFew | Keys to Castles GroupReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00