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Presented by
Kimberly Conrad |
Assemblage opportunity consisting of three contiguous parcels totaling approximately 30± acres in one of Pasco County’s fastest-growing residential corridors. This prime development tract is strategically positioned immediately adjacent to Abbott Square, a recently delivered Lennar community, and within the broader Zephyrhills–Wesley Chapel growth belt that continues to attract large-scale residential investment and master-planned development. The surrounding area is experiencing sustained residential momentum, driven by expanding infrastructure, population growth, and the success of major lifestyle communities throughout Pasco County. Nearby master-planned developments such as Two Rivers, along with the nationally recognized MetroLagoon communities Mirada (San Antonio) and Epperson (Wesley Chapel), have reshaped the submarket by introducing resort-style amenities, strong absorption rates, and a new benchmark for lifestyle-oriented suburban living. These communities have proven the depth of housing demand in the area and continue to reinforce long-term developer confidence in the corridor.
This site is well-positioned for rezoning and entitlement efforts (subject to county approvals) to support a future Planned Unit Development (PUD) or other residential product types. The scale of the assemblage offers flexibility for a variety of development strategies, including single-family detached, townhomes, cottage-style product, or a mixed-density residential concept designed to meet evolving market demand. The property’s adjacency to existing residential development provides a strong planning and infrastructure narrative for entitlement discussions and future project feasibility.
Additionally, the property presents an optional pathway to participate in Pasco County’s “Villages of Pasadena Hills” (VOPH) planning framework. The seller has intentionally not pursued participation, preserving maximum flexibility and leaving all land planning and entitlement direction to the future buyer (subject to approvals and applicable process requirements). The location benefits from proximity to established and emerging communities, retail corridors, employment centers, and regional transportation routes connecting Zephyrhills, Wesley Chapel, San Antonio, and the greater Tampa Bay market.
As Pasco County continues to experience population inflows and outward residential expansion from Tampa and Hillsborough County, well-located development tracts of this size are becoming increasingly scarce. This offering presents a compelling value-add opportunity for builders, developers, and land investors seeking scale, optionality, and a clear path to creating value through rezoning, entitlement, and thoughtful product strategy. The combination of location, surrounding development activity, and long-term growth fundamentals positions this assemblage as a highly attractive candidate for future residential development in one of Tampa Bay’s most active and proven submarkets.
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$2,250,000
Sales Associate
William Raveis Real Estate
Phone: 860.604.0796
Kimberly.Conrad@raveis.com
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William Raveis Mortgage, LLC
Phone: 860.990.4029
Jennifer.Carreto@raveis.com
NMLS Mortgage Loan Originator ID 829975
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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| Loan Amount | $1,800,000 | $1,800,000 | $1,800,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 5.750% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.046% | 5.846% | 5.700% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $9,940 | $10,504 | $14,708 |
| Total Monthly Payment | $10,065 | $10,629 | $14,833 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.