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167+- ac Mixed Use Development in Zephyrhills

  SOLD June 2021 for $8,375,590

6941 Simons Road, Zephyrhills, Florida 33541


Land Size167 Acres
ZoningMPUD

PROPERTY DESCRIPTION The District at Abbott's square is a planned and approved master planned community with in the city limits of Zephyrhills. The current plan is approved for 124 single family homes, 44 duplex units, 152 townhome units and 768 multifamily units. There will also be approximately 21000 feet of downtown retail space, ball fields, pools, club houses which will all designed around additional active and passive recreation. Zephyrhills has experienced a significant amount growth and development over the past 5-10 years and is a pro-growth, developer friendly city. Sellers will consider a JV structure and/or seller financing for qualified buyers.

LOCATION DESCRIPTION Located at the north end of Dean Dairy Road and west of Simons Road between the Silverado community and the Silver Oaks Golf Course. This site is only 12 miles from I-75 and offers close proximity to shopping, schools and medical centers. Distance to Shopping: Walmart - 2.6 miles, Publix - 2.9 miles, Lowes - 2.9 miles. Distance to Schools: West Zephyrhills Elementary - 1.4 miles, Woodland Elementary - 1.5 miles, RB Stewart Middle School - 1.6 miles, Zephyrhills High School - 1.6 miles. Distance to Medical - Florida Medical Clinic - 1.5 miles, Florida Hospital - 2 miles

PRICING

Apartments - Market Rate $10,000 x 568 units = $5,964,000 - Affordable $12,500 x 200 units = $2,500,000 Townhouses $10,000 x 152 = $1,520,000 Duplexes: $12,000x 44 units = $528,000 Single Lots: $17,500 X 124 lots = $2,170,000 Commercial: $100,000 Total Price: $12,782,000


The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.

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