0 Little Ranch Rd. St., Spring Hill, FL 34610 - W7813343 - iPro Real Estate
iPro Real Estate

iPro Real Estate

Listing ID : W7813343

  • Lot Size

    81.00 Acre
  • Year

    2019

Description

THIS PROPERTY CONSISTS OF 3 SEPARATE LOTS. CURRENTLY ZONED AR WITH FUTURE LAND USE OF RES 1, WHICH ALLOWS HOMES, MODULAR HOMES, AND MOBILE HOMES. THIS PROPERTY IS DEVELOP-ABLE, WITH MODIFICATIONS (AS STATED BELOW, PER THE COUNTY). ALL THREE PARCELS CAN BE COMBINED, BY FILING A “UNITY OF TITLE”. TOTALING PARCELS TO 6 AND ALLOWING A DEVELOPER APPROXIMATELY 81 LOTS (MINUS THE COMMON AREAS). PROPERTY CAN BE REZONED, AND UPON APPROVED NEW SITE DEVELOPMENT PLANS, CAN BE DEVELOPED INTO MIN. 1 ACRE TRACTS. AFTER FACTORING IN ROADS AND OTHER NECESSITIES, EACH INDIVIDUAL LOT MIGHT BE JUST UNDER AN ACRE, TO OVER A HALF ACRE, IN SIZE. EACH PARCEL IS ALLOWED A ONE TIME SPLIT. THE SETBACKS ARE: FRONT - 50’ BACK - 50’ AND SIDES - 25’. REQUIRES WELL AND SEPTIC. BELOW ARE THE REQUIREMENTS FOR REZONING, DEFINED BY THE COUNTY: The parcels in question could certainly be rezoned to an MPUD (Master Planned Unit Development) to allow the construction of a subdivision with a deviation from the 1 acre lot size in the AR Zoning District. This would allow for the necessary infrastructure (roads, drainage, neighborhood park, etc.). If you want to increase the density over what the Future Land Use (FLU) allows, you would also have to do a Comprehensive Plan Amendment – and there is no guarantee it would be approved due to the rura-lness of the area. An MPUD with no Comp Plan Amendment would allow 1 dwelling unit per acre. After you factor in roads and other necessities, each individual lot might be just under an acre to over a half acre in size. If the subdivision was to employ well/septic rather than connecting to the public water system, each lot would have to be at least one half acre in size per the Florida Dept of Health. The utilities is another factor, of course, and it depends on how far away the closest connection might be to determine if the project would be required to connect or not. It looks like this property is just over 3,500 feet from Shady Hills/Little Ranch intersection. Ideally a connection would be the choice, but it can be quite expensive to run a line that far so it would be up to the folks in our Long Range department to determine if that would be a requirement for this project or not (according to the Comp Plan).

Details

Type:
Subdivision: Highlands Unrec 
MLS Area: 34610-Spring Hl/Brooksville/Shady Hls/WeekiWachee 
County: Pasco 
Tax ID: 13-24-17-0020-00000-2220
Annual Taxes: $301
Business Type: Agriculture, Other 
Com Transaction Type: Business Opportunity 
Days on Market: 841 
Cooling: None 
Property Type: Business Opportunity Sale 
Sub Type: Unimproved Land 
Zoning: AR 

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Interactive

28.399023 -82.585922 $970,000 W7813343
0 Little Ranch Rd. St., Spring Hill, FL 34610
Directions to here from:

Local Statistics

Area Information 34610

Population:

13,491 Up .01% since 2010
Average Income:
$64,617
Average Age:
44Years
Gender:
50.34%Male
49.66%Female
Households:
5,00830.33% with children
Average Value:
$287,095
Occupancy:
83.17%Owned
16.83%Rented
12.91%Vacant
Education:
33.68%High School
11.1%Associate
10.74%Bachelor
4.63%Graduate
Average Residency:
21Years
Crime Rate:
Below Average
Annual Rainfall:
52.94Inches
Earthquake Risk:
Very Low
Hurricane Risk:
Very High
Ozone Risk:
Average
Pollution Risk:
Average
Tornado Risk:
Very High

History

Date Transaction Price Mortgage Amt & Lender
Date
Sep 23, 2021
Transaction
Active - Business OpportunityW7813343
Price
$970,000
Mortgage Amt & Lender
- -
Date
Apr 07, 2016
Transaction
Sold - LandW7617222
Price
$20,000
Mortgage Amt & Lender
- -
Date
May 19, 2014
Transaction
Sold - LandW7103309
Price
$49,000
Mortgage Amt & Lender
- -
Date
May 19, 2014
Transaction
Sold - LandW7164496
Price
$155,000
Mortgage Amt & Lender
- -
Date
Sep 30, 2009
Transaction
Expired - LandT2361478
Price
$64,500
Mortgage Amt & Lender
- -
Date
Feb 01, 2008
Transaction
Expired - LandT2225569
Price
$79,900
Mortgage Amt & Lender
- -
Date
Dec 11, 2007
Transaction
Expired - LandT2252630
Price
$99,900
Mortgage Amt & Lender
- -
Date
Aug 31, 2006
Transaction
Expired - LandW7182697
Price
$130,000
Mortgage Amt & Lender
- -
Date
Jan 05, 2006
Transaction
Expired - LandW7102560
Price
$90,000
Mortgage Amt & Lender
- -
Date
Mar 31, 2005
Transaction
Expired - Commercial SaleW7070874
Price
$85,000
Mortgage Amt & Lender
- -

Listed by Annette Carter with SOUTHLAND PROPERTIES GROUP INC