9229 Fort King ROAD, Dade City, FL, 33525 | $4,500,000

Seize the opportunity to invest in a prime 60-acre (MOL) high and dry buildable lot, strategically located next to new, upcoming developments. With direct access to Fort King Road, this property is currently zoned AC, with future land use designated as VMU2B (Village Mixed Use Type 2-B). Situated in one of the most strategic areas in Pasco County. Location highlights include being just 7 minutes from "Mirada Lagoon, " the largest development in Pasco County, featuring over 5, 000 homes, and only 5 miles from Downtown Zephyrhills, 6 miles from Downtown Dade City, and 3 miles from Walmart Supercenter, Lowe's, Publix, and local hospitals. It is centrally located with excellent connections to Tampa, Orlando, Lakeland, Zephyrhills, Dade City, San Antonio, and Wesley Chapel via US 98, US 301, I-4, and I-75. The property features a beautiful custom brick home with 3 bedrooms, 2 baths, offering 2, 520 sq. ft. of living space plus an additional 400 sq. ft. gym/office. The home includes an open living and dining area with vaulted ceilings and a wood-burning fireplace, leading to a charming screened back porch overlooking a scenic pond. The modern kitchen features a large center island, Jenn-Air cooktop, granite countertops, stainless steel appliances, an oversized walk-in pantry, and a spacious laundry room off the kitchen. The roof was replaced in 2017. Additional structures include a separate 1, 200 sq. ft. masonry equipment barn/workshop with a half bath and sink, an RV/boat carport with water, sewer, and electric hookups, a 600 sq. ft. equipment bay, and a row of 6 beautiful, strong, and secure chicken coops, each measuring 10 ft. by 12 ft. , totaling 720 sq. ft. The property also features solar panels, a 225 ft. deep well. The land can be divided into three 20-acre parcels, offering flexibility for various subdivision options or maintaining a contiguous 60-acre parcel. It is currently Green-belted with leased hay/cow fields, presenting numerous development opportunities. This property is perfect for investors and developers, being ideal for office buildings, warehouses, medical facilities, townhomes, single-family residences, hotels, self-storage units, restaurants, and more. Situated in a high-traffic area, this property is poised to capitalize on the region's booming growth. This exceptional land opportunity in Pasco County is waiting for your vision. Call today for more information!

Features

  • Rooms: 4
  • Bedrooms: 3
  • Baths: 2 full
  • Lot Size: 2620 x 1331
  • Laundry: Laundry Room
  • Year Built: 1984
  • Garage: 2-car
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 6,396
  • Acreage: 60
  • Lot Size: 2620 x 1331
  • Est. Taxes: $6,682
  • Lot Desc: Cleared, Farm, Greenbelt, City Lot, Near Public Transit, Oversized Lot, Pasture, Private
  • View: Park/Greenbelt
  • Appliances: Built-In Oven, Dishwasher, Dryer, Range, Refrigerator, Washer
  • MLS#: T3532007
  • Days on Market: 104 days
  • Website: https://www.raveis.com
    /eprop/T3532007/9229fortkingroad_dadecity_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 3:37:22 PM)
Listing courtesy of ALIGN RIGHT REALTY SUNCOAST   Phone: 813-512-2100

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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

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9229 Fort King ROAD, Dade City, FL, 33525

$4,500,000

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 $3,600,000 $3,600,000 $3,600,000
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 $557 $557 $557
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $23,051 $23,350 $31,608
Total Monthly Payment $23,733 $24,032 $32,290

* 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.