Ruskin, FL 33570

$4,800,000
List Price
$4,800,000
Status
Active
Days on Market
150
MLS#
T3250469
Lot Size
407,286
Acres
9.35
Total Acreage
5 to less than 10
MLS Area Major
Ruskin/Apollo Beach

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 could be up to 100%. 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.

Additional Information

Taxes
$4867
Location
Buildable, Cleared, Compact Soil, Corner Lot, Fire Hydrant, In County, Level/Flat, Other, Pasture, Street Paved, Suburb, Unincorporated, Zoned for Horses
Community Features
No Deed Restriction
Zoning
AS=1
Utilities
Cable Available, Electricity Available, Fire Hydrant, Phone Available, Sewer Available
Pool
No Pool
Water Extras
Dock - Open, Fishing Pier, No Wake Zone, Skiing Allowed
Water View
Lake
Water Access
Lake
Water Frontage
Beach - Private, Lake
Flood Zone Code
A
Parcel ID
U-10-32-19-1US-000000-00509.1
Legal Description
RUSKIN COLONY FARMS 1ST EXTENSION ALL OF LOT 509 LYING SE I-75 RD R/W AND ALL OF LOT 510 LESS I-75 R/W LESS RD R/W AND LESS REQUIRED R/W FOR FRONTAGE RD & SR 93A AND LESS TRACT DESC AS COM AT NE COR OF LOT 510 THN N 89 DEG 23 MIN 41 SEC W 413.56 FT TO PT ON SELY R/W OF FRONTAGE ROAD THN 93.77 FT ALG R/W AND CURVE SWLY ALG A NON-TANGENT CURVE CONCAVE TO SE W/RAD 1745.86 FT CRD BRG S 38 DEG 40 MIN 54 SEC W 93.76 FT TO PT OF REVERSE CURVE CONCAVE TO NW W/RAD 7895.44 FT THN SWLY 70.42 FT ALG SAID CURVE CRD BRG S 37 DEG 23 MIN 54 SEC W 70.42 FT TO POB THN S 57 DEG 43 MIN 58 SEC E 126 FT THN S 38 DEG 56 MIN 03 SEC W 352.38 FT THN N 57 DEG 43 MIN 58 SEC W 126 FT TO PT ON SELY R/W OF FRONTAGE ROAD SAID R/W ALSO BEING A NON-TANGENT CURVE CONCAVE TO NW W/RAD 7895.44 FT THN NELY 352.41 FT ALG SAID CURVE AND R/W CRD BRG N 38 DEG 55 MIN 58 SEC E 352.38 FT TO POB U-10-32-19-1US-000000-00509.1

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of YELLOWFIN REALTY.

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