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Development Land in Pasco County, Florida


Posted By:	Annie Berkowitz, CBD Real Estate Investment LLC., Delran, New Jersey, United States
Click to contact: Annie Berkowitz, CBD Real Estate Investment LLC., Delran, New Jersey, United States

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The details of the land is listed below.
Auction Date:
Address:	Simons Road and Eiland Boulevard
City:	Zephyrhills
County:	Pasco
State & Zip:	Florida, 3354
Property Type:	Land
Bedrooms:
Bathrooms:
Year Built:
Building Area:	sqft
Land Use:	Development
Land Area:	160.00 Acres
Price:	6,950,000 USD
Terms:	Others
Contract Status:	For Sale
Description:	Cottages and Golf View Cottages at Silver Oaks is a combined 160 acre property approved for 413 single family home lots. The lots have frontages from 55 feet to 85 feet. The Cottages at Silver Oaks is a two phase development of single family detached home sites ranging in size from 55-85 foot frontages. The site will be serviced by utilities provided by the City of Zephyrhills , including sewer and water. The site will have both active and passive recreation on site, and the home owners association will construct community amenities including a club house and pool. There are about three acres of parks proposed in the development. The property has 322 units in phase I and 91 in phase II. The property is located off of Simons Road . It is also adjoining the 18 hole championship Silver Oaks Golf Course and Country Club. Simons Road will be improved by the ultimate developer of the Cottages at Silver Oaks. The property is surrounded by three new construction projects, including the proposed Links at Silver Oaks, Preserve at Silver Oaks, Hidden Creek, Silverado, etc. There are seven golf courses within five miles of the property. The site is near the local hospital, shopping, sports, and recreation, much new shopping including a brand new Home Depot, a new regional mall and outdoor mall. The site is easily accessible to Interstate 75, making a commute to Tampa and the Tampa International Airport a breeze. This is the ideal site for the planned development of an affordable single family home community. Note that the asking price for the land is consistent to 2004 pricing, and we are selling this site so that a builder can begin pricing new home in the mid to upper $100’s. The recent appraisal on this site is over $8.2 million. We have priced this site well off the appraisal. For more information e-mail dw@gocbd.com.
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NOTES: THIS OFFERING IS SUBJECT TO ERRORS, OMISSIONS, PRIOR SALE OR WITHDRAWAL WITHOUT NOTICE.

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