Land O Lakes, FL 34637,18908 SHETTLE RD
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Land O Lakes, FL 34637,18908 SHETTLE RD
Land O Lakes, FL 34637,18908 SHETTLE RD
Land O Lakes, FL 34637,18908 SHETTLE RD
Land O Lakes, FL 34637,18908 SHETTLE RD

$5,735,000

Est. payment /mo

$6,500,000

11.8%
Est.Price: ?

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18908 SHETTLE RD Land O Lakes, FL 34637

16.79 Acres Lot

SOLD DATE : 04/25/2024

Key Details

Sold Price $5,735,000

Property Type Vacant Land

Sub Type Unimproved

Listing Status Sold

Purchase Type For Sale

Subdivision Highway Lake Estates

MLS Listing ID W7842370

Sold Date 04/25/24

HOA Y/N No

Originating Board Stellar MLS

Annual Tax Amount $15,336

Lot Size 16.790 Acres

Acres 16.79

Lot Dimensions 1170 x 670 x 1025 x 693

Property Description

This flat, two-parcel development site is high and dry, on the east side of US Hwy 41 just south of SR 52, in the center of Central Pasco rapid development. Access to all of the site via Shettle Public road ROW delivers full use of the site for a variety of Retail possibilities fronting US Hwy 41, Medical Office or Multi-Family and/or Self-Storage. Former (expired) Birren MPUD shows retail portion at +/-3 Acres, Medical office at +/- 8 Acres and self-storage at approx. 5.79 Acres, all accessible from Shettle Rd, a public right of way access.

2020 Demographics include a population of over 22,000 with an average income of more than $87,000 within a 5-mile radius. This is poised to increase in the next decade as Lennar acquired 5,100 acres directly west of the subject parcel for future Angeline residential development to allow up to 11,495 homes, 29 million SF of commercial and office uses. Moffitt Cancer Center and Research Institute acquired 775 acres from Lennar for a 1.4 million SF $191 million dollar research facility which will create 14,500 jobs. Within the “Wellness” community of Angeline, a $52.7M, 186,882 SqFt 6-12 grade magnet school on 18.8-acres is slated for completion April 2023. Since Pasco Hernando State College hold 29 Acres on the NWC of SR 52 and US-41, we’re sure to see a partnership with the Angeline STEAM program for a continuing education vo-tech school.

Location

State FL

County Pasco

Community Highway Lake Estates

Zoning MPUD

Exterior

Utilities Available Electrical Nearby, Electricity Available

Building

Lot Description Buildable, Cleared, Paved

Lot Size Range 10 to less than 20

Sewer None

Water None

Others

Ownership Fee Simple

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition None

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Stellar MLS
Listed by VIP EXECUTIVE REALTY LLC
Bought with VIP EXECUTIVE REALTY LLC

Bryan Fangman

Broker / Owner | License ID: BK679904

+1(407) 513-2124

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