38646 CLINTON, DADE CITY, FL, 33525 — photo 1
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38646 CLINTON, DADE CITY, FL, 33525

$21,650,000

86.65 Acres

About This Property

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.

Status

Active

Listed By

KELLER WILLIAMS REALTY NEW TAMPA

Days on Market

735

Mortgage Calculator

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Est. Monthly Payment

$122,937

30-yr fixed · 20% down · 6.875%

Principal & Interest$113,780
Property Tax (actual)$137
Est. Home Insurance~0.5% est.$9,021
Total / month$122,937
Loan amount$17,320,000

Estimates only — taxes and insurance are approximate. PMI rate, actual lender fees, and closing costs not included. Contact a licensed lender for a precise quote.

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MLS# 58493f0c918d98e14a0f15c1878fb152

Location