Drexel Rd - Commercial LAND FOR SALE


Land O' Lakes, FL 34638 292,288 SF
$3,500,000 USD
813-503-6933
Drexel Rd, Land O' Lakes, FL for Sale
$3,500,000 USD
Commercial LAND - FOR SALE
1/4
292,288 SF

Drexel Rd
Land O' Lakes, FL 34638


HIGHLIGHTS

  • Just a 12 minute drive to main road bringing you to multiple shopping centers grocery stores and restaurants
  • Fully permitted 6.71-acre site approved for 69 condominium units.
  • Zoned MFR2, allowing up to 18 units per acre, with Flood Zone X designation.
  • Located near Lake Patience Road and U.S. Highway 41 for convenient regional access.
  • Surrounded by new residential and commercial developments in a growing market.
  • Proposed two-story design incorporates landscaped green spaces for community appeal.

OVERVIEW

This 6.71-acre parcel in the heart of Land O’ Lakes, Florida, offers a fully permitted and shovel-ready opportunity for multifamily development. Zoned MFR2, the site allows up to 18 units per acre and is approved for a 69-unit condominium project. The property is located in Flood Zone X, minimizing flood risk and simplifying insurance considerations. Positioned near the intersection of Lake Patience Road and U.S. Highway 41, the site provides excellent connectivity to major thoroughfares, retail centers, and schools. The surrounding area is experiencing significant residential and commercial growth, creating strong demand for quality housing. The proposed two-story condominium design emphasizes modern architecture and green space integration, appealing to today’s lifestyle preferences. This offering represents a rare chance to acquire a ready-to-build multifamily site in a high-growth corridor of Pasco County. With permits in place and infrastructure approvals secured, developers can accelerate timelines and capitalize on the region’s expanding population and robust economic fundamentals.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/ACRE

$521,610/AC

PRICE/SF

$12 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Drexel Rd - Permitted 69 Unit - Land O Lakes

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Multi-Family

LAND ACRES

6.71 AC

LAND SF

292,288 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

MFR2

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Cody AdamsRussell Adams Realty Inc.More Info
813-503-6933

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Cody AdamsRussell Adams Realty Inc.More Info
813-503-6933

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.