Property Description

The Sellers have filed a conceptual site plan for 176 Town Homes on this site located within an Opportunity Zone. The Sellers have also already obtained the necessary height waiver required by the City of Zephyrhills. Additionally, 50% of the water and sewer capacity fees have been paid on 329 units. Water connection fees are presently $1,140.00 per unit for an apartment unit, and sewer connection fees are $2,400.00 per unit for an apartment unit, totaling $3,540.00 per unit for an apartment unit. This cost over and above the Sales price for the project. The Site is less than 1 mile from Advent Health, Publix, Walmart, and Lowes, as well as other major retailers. Positioned between U.S. 301 (Gall Boulevard) and U.S. 98, residents can enjoy the rolling hill topography of Zephyrhills, while still easily accessing Lakeland and the Greater Tampa Bay area. This is a prime opportunity to quickly move forward with a Town home project on this property. See attached documentation for the Conceptual site plan that is in the approval process currently. The attached plan includes an 8.5 acre additional parcel slated for two hotels. This property is not part of the advertised price.