Listed by Colliers - Tampa, Florida
$5,145,000
Richey Dr. & Old Post Rd | Port Richey, FL
Details
APN 29-25-16-0000-00400-0000
Property Type Land
Sub Type Residential
Tenancy Vacant
Acreage 19.750
Zoning PD (Planned Development)
Investment Type Redevelopment
Land | 19.75 acres
Marketing description
19.75± acres of prime development land located on Richey Drive & Old Post Road in Port Richey, FL. Best suited for a medium density residential development within a growing community with strong infrastructure, amenities, entertainment, schools and hospitals all nearby. The City's comprehensive plan encourages rezoning underutilized residential land translating potentially increasing density to 18 units per acre. This site would be best utilized for a 3-story townhome product with first floor garages to account for the floodplain and site elevation. The sites proximity to nature and the Gulf makes it a standout location for families, retirees, and active residents, especially those drawn to boating, fishing, kayaking, and outdoor living.
Investment highlights
- Seamless access to US-19 & Ridge Road connecting to Suncoast Parkway toward Tampa
- 19.75± acres for single-family and townhouses or apartments
- PD amendable to Buyer's product
- Site directly adjacent to Walmart Supercenter
- Qualified Area Development Zone
Listing Contacts
Listed by Colliers - Tampa, Florida
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