Prime Location for Townhome Development

37432 Oak Street Dade City, FL 33523

Dade City
FOR SALE
Property Type:
Multifamily Land
Amount:
$399,000
Last Verified:
Apr 29, 2024

Highlights

  • 24 Platted Units, Subdivided, and Ready to Build 25' x 140' Lots
  • Currently in Pasco County, Adjoining City of Dade City for Possible Annexation
  • 25,500 VPD a Block East
  • Impact Fee Credits from the "4 Homes" Newly Constructed on the Property
  • Located a block east of the signalized intersection of Lock Street and US Hwy 301

Description

This property is located just one block east of the signalized intersection at Lock
Street and US Hwy 301, offering excellent accessibility and visibility. The expansive
1.96-acre tract is located between 14th and 15th Streets and represents an
exceptional opportunity for townhome development.
The property is ideally suited for development and investment, featuring a
proposed multi-family development plan that envisions the creation of 24
townhome units. In addition, it is within close proximity of critical amenities, such
as Dade City Office Plaza, Downtown Dade City, Pasco-Hernando State College,
Withlacooche River Park, and Zephyrhills. As a result, this makes it a very attractive
investment prospect, both for investors and developers alike.

Due to the continuing Florida migration boom, this property offers excellent growth potential as Pasco and surrounding areas are quickly growing- a great place to invest, develop, relocate or expand your portfolio or business

Lot Size: 1.96 acres


Documents

Sale Brochure-1.96 Acres

Map of 37432 Oak Street, Dade City, FL, 33523

Presented by:

Request additional information


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.