Undisclosed Address

RUSKIN, FL, 33570

$3,800,000

$3,800,000
Active
Active
 - For Sale
property_type
Land
This property is truly one of a kind. Although the property falls under the future land use plan category of CMU-12 which allows for 12 residential units per acre, greater density may be possible. at 12 units per acre with 9.35 acres, the number of condos or apartments could be up to 112 units or up to 168 hotel rooms. Under CMU land use the floor area ratio could be up to 100%. Multiple stories are possible. The property is not only at the SE corner of an Interstate Highway (I-75) and a major East-West boulevard (SR-674), it is also located in the extended Tampa City Urban Service Area (An area that establishes how far the City of Tampa can expand its urban growth.) To make this a perfect storm of development attributes, this site features a fully contained 5.5 acre (more or less) spring fed lake, making this site a potential resort destination The site has been approved too extract up to 40,000 gallons of potable water per day. Projected sales would be $2,000,000 per year with little or no costs of goods. The home could become a great waterfront restuarant.
MLS® ID:
T3250469
Listed:
6/25/20
Updated:
10/2/22

Exterior/Building Features

Lot Size
9.35 acres lot
Lot Details
Buildable, Cleared, Compact Soil, Corner Lot, Fire Hydrant, In County, Level, Other, Pasture, Paved, Suburb, Unincorporated, Zoned for Horses
Sewer
Public Sewer

Other Property Details

Area Name
33570 - Ruskin/Apollo Beach
Taxes
$3654.98
Tax Frequency
per YEAR
Garage
No
Parking
N
View
N
County
Hillsborough
Utilities
Cable Available, Electricity Available, Fire Hydrant, Phone Available, Sewer Available
Water Source
Public
Pool
No
Zoning
AS=1

Property History

Date
Event
Price
Value
10/14/21
Price Change
$3,800,000
-20%

Courtesy of YELLOWFIN REALTY

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Data last updated 10/2/22, 12:16 AM UTC

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