Ruskin, FL 33570,Address not disclosed
Ruskin, FL 33570,Address not disclosed
Ruskin, FL 33570,Address not disclosed
Ruskin, FL 33570,Address not disclosed
Ruskin, FL 33570,Address not disclosed
Ruskin, FL 33570,Address not disclosed
See all 12 photos

$1,200,000

$1,500,000

20.0%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

9.35 Acres Lot


SOLD DATE : 01/10/2023

Key Details

Sold Price $1,200,000

Property Type Vacant Land

Sub Type Unimproved

Listing Status Sold

Purchase Type For Sale

Subdivision 1Us | Ruskin Colony Farms 1St Extension

MLS Listing ID T3250469

Sold Date 01/10/23

Construction Status No Contingency

HOA Y/N No

Originating Board Stellar MLS

Annual Tax Amount $3,654

Lot Size 9.350 Acres

Acres 9.35

Lot Dimensions irregular

Property Description

This property is truly one of a kind. Although the property falls under the future land use plan category of CMU-12 which allows for 12 residential units per acre, greater density may be possible. at 12 units per acre with 9.35 acres, the number of condos or apartments could be up to 112 units or up to 168 hotel rooms. Under CMU land use the floor area ratio is 50%. Multiple stories are possible. The property is not only at the SE corner of an Interstate Highway (I-75) and a major East-West boulevard (SR-674), it is also located in the extended Tampa City Urban Service Area (An area that establishes how far the City of Tampa can expand its urban growth.) To make this a perfect storm of development attributes, this site features a fully contained 5.5 acre (more or less) spring fed lake, making this site a potential resort destination The site has been approved too extract up to 40,000 gallons of potable water per day. Projected sales would be $2,000,000 per year with little or no costs of goods. The home could become a great waterfront restuarant.

Location

State FL

County Hillsborough

Community 1Us | Ruskin Colony Farms 1St Extension

Zoning AS=1

Exterior

Utilities Available Cable Available, Electricity Available, Fire Hydrant, Phone Available, Sewer Available

Waterfront Description Beach - Private, Lake

View Y/N 1

Water Access 1

Water Access Desc Lake

Building

Lot Description Buildable, Cleared, Compact Soil, Corner Lot, Fire Hydrant, In County, Level, Other, Pasture, Paved, Suburb, Unincorporated, Zoned for Horses

Lot Size Range 5 to less than 10

Sewer Public Sewer

Water Public

Construction Status No Contingency

Others

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Stellar MLS
Listed by YELLOWFIN REALTY
Bought with KW SUNCOAST
agent-avatar

"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.