30651 Elam ROAD, Wesley Chapel, FL, 33545 | $2,500,000

Under contract-accepting backup offers. Opportunity to develop townhomes on 10, 20, 30, 40 or 50 acres by combining these (5) 10 acre sites! Join with 40 acres next door to get 750' on Elam Road and over 1, 000' on Kenton Avenue.

Uncover the Jewel of Elam Road - Your Premier Townhome/Mixed Use Development Opportunity!

Welcome to 30651* Elam Road, where a spectacular 10-acre canvas awaits the visionary developer and home builder! Nestled in the heart of the Community Hub Spa Zone in the thriving Connected City, this parcel is not just land; it's the gateway to your next success story.

Seize the opportunity to redefine luxury living and urban convenience on this fantastic canvas. Imagine crafting a masterpiece that resonates with the pulse of progress – strategically rezone for higher density and watch as your vision springs to life. This prime location is a heartbeat away from the bustling Epperson Ranch, Mirada, and Watergrass developments, making it the epicenter of growth and vitality. King Lake, poised to evolve just a block away with a harmonious blend of homes and offices, sets the stage for a vibrant, interconnected community. Strategically positioned near the Interstate ramp at I-75, accessibility meets desirability, promising a seamless blend of urban convenience and suburban tranquility. The proximity to the county recreation center ensures your future residents will have their own haven of leisure and entertainment just moments away. Step into the embrace of nature with a conservation area adorned by majestic oak trees, providing the perfect backdrop for sustainable development and a touch of rustic charm. With large oaks dotting the landscape, the ambiance of the property is one of natural elegance, creating a serene haven for future residents.

Approximately 8-9 acres of this sprawling 10-acre gem are ready to be transformed into a haven of townhome/mixed use excellence. Whether you envision a modern enclave or a charming community nestled within nature's embrace, the possibilities are as vast as the land itself. The potential for a seamless transition from vision to reality is unprecedented. However, let's not just talk about the acreage – let the figures speak for themselves. Buyers and buyers' agents, rest assured, as we provide transparent information. While approximately 8-9 acres are marked for development, the potential for density and the usable acreage is a matter that should be explored with the guidance of your own engineering firms. Your vision deserves nothing less than the most accurate and reliable information. Unleash your creativity, unlock the potential, and make your mark on Elam Road. This is more than just a piece of land; it's an investment in a future where innovation, nature, and community converge. Secure your piece of the Connected City today, and let the legacy of 30651 Elam Road begin! Buyers/Buyers Agents are not to rely upon any usable acreage or density estimates from listing agent or seller-utilize your own land consultant and/or engineer. *Address # not assigned yet. Join 40 acres next door for a 50 acre development opportunity.

Features

  • Lot Size: 250 x 1780
  • Lot Desc: Conservation Area, In County, Level, Wooded
  • View: Trees/Woods
  • Elem. School: Wesley Chapel Elementary-PO
  • Middle School: Thomas E Weightman Middle-PO
  • High School: Wesley Chapel High-PO
  • MLS#: T3511354
  • Days on Market: 125 days
  • Website: https://www.raveis.com
    /prop/T3511354/30651elamroad_wesleychapel_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). 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. (last updated 11/21/2024 2:17:10 PM)
Listing courtesy of FIRST QUALITY PROPERTIES   Phone: 813-948-2067

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
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Robert.Reade@raveis.com

Our Insurance Division:

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30651 Elam ROAD, Wesley Chapel, FL, 33545

$2,500,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $2,000,000 $2,000,000 $2,000,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.750% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.282% 6.864% 6.810%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $12,806 $12,972 $17,560
Total Monthly Payment $12,931 $13,097 $17,685

* 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.