$21,650,000 for Sale

38746 clinton avenue , dade city, FL 33525

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Property Description
Hard to find residential development opportunity. This 86.65 acre (m.o.l.) assemblage has many of the needed requirements for medium to high density development in place. Site consists of (7) parcels and has been annexed into the city limits of Dade City. Public water and sewer are available to the site. Approximately 98% of the site is "high and dry" and not located in wetlands or flood zones. Topography consists of undulating hillsides varying in elevation from approximately 85' to 165'. This site has the potential to reach 6-10 residential units per acre. FDOT has commenced construction of the rerouting of US Hwy 98 through the site which opens up the opportunity for the creation of a commercial corridor and development potential for commercial building sites along the new highway. AN ADDITIONAL ADJOINING 26.06 ACRES IS ALSO AVAILABLE which makes a TOTAL OF 112.71 CONTIGUOUS ACRES (m.o.l.) available.
General Information
Sale Price: $21,650,000
Price/SqFt:
Status: Active
MLS#: T3519133
City: dade city
Post Office: dade city
Schools: pasco high-po
County: Pasco
Acres: 86.65
Lot Dimensions: Irregular
Size:
Acreage: 86.65 est.
Year Built:
Property Type:
Style:
Tax, Fees & Legal
Est. Winter Taxes:  $1,638
Legal Description:  SE1/4 OF SW1/4 OF NE1/4 & W1/4 OF SE1/4 OF NE1/4 LESS RIGHT-OF-WAY FOR CLINTON AVE DESC AS: COM AT NW COR OF NE1/4 OF SEC 11 TH S00DG20'15" W 1327.97 FT TH S89DG50'34"E 1326.72 FT TO WEST BDY OF SE1/4 OF NE1/4 FOR POB TH CONT S89DG50'34"E 331.68 FT T O EAST BDY OF W1/4 OF SE1/4 OF NE1/4 TH S00DG20'06"W 57.53 FT TH N89DG50'36"W 331.68 FT TO WEST BDY OF SE1/4 OF NE1/4 TH N00DG 20'08"E 57.53 FT TO POB AKA PARCEL #117 PER ORDER OF TAKING CASE #91-6396CA SUBJECT TO SLOPE EASEMENT DESC AS FOLL COM AT N W COR OF NE1/4 OF SEC 11 TH S00DG20'15"W 1327.97 FT TH S89DG50'34"E 1326.72 FT TH S00DG20'08"W 57.53 FT TH S89DG 50'36"E 15.96 FT FOR POB TH S89DG50'36"E 15.00 FT TH S00DG 09'24"W 5.00 FT TH N89DG50'36" W 15.00 FT TH N00DG09'24"E 5.0 FT TO POB AKA


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All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Bobby Welbourn of KELLER WILLIAMS REALTY NEW TAMPA, Phone: 813-994-4422
(218) 428-5652 Call Mike Johnson for more information about this property.

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