Homes for sale - 0 PINEWOOD DR, New Port Richey, FL 34652

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Jens Behrmann

jens.behrmann@engelvoelkers.com +1(941) 294-7878

$ 739,000

Est. payment -/mo

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Price Dropped by $11K

0 PINEWOOD DR New Port Richey, FL 34652

3.67 Acres Lot

UPDATED:

10/29/2024 05:10 AM

Key Details

Property Type Vacant Land

Sub Type Residential

Listing Status Active

Purchase Type For Sale

Subdivision Timber Woods

MLS Listing ID W7867896

HOA Y/N No

Originating Board Stellar MLS

Annual Tax Amount $7,735

Lot Size 3.670 Acres

Acres 3.67

Lot Dimensions 260x616

Property Description

THIS IS A UNIQUE & IMPRESSIVE INVESTMENT & DEVELOPMENT OPPORTUNITY LOCATED WITHIN THE CITY LIMITS OF NEW PORT RICHEY, FL!! Here is a RARE OPPORTUNITY to buy a total of 20 VACANT LOTS PRIMED FOR DEVELOPMENT of an APPROVED PROJECT consisting of 28 LUXURIOUS TOWNHOMES. These 20 lots will be sold as a BUNDLE DEAL only & are located on Pinewood Dr, New Port Richey. The total size of all the lots is about 3.67 acres. The subject parcel is situated on the west side of US Highway 19, at the southern end of Pinewood Drive where the road dead ends just south of Avery Road. To the west is Petunia Court which ends at Oakwood Drive. Petunia Court would be extended east toward the parcels to provide access to the brand new townhomes once developed. Currently, all the lots have a wooded landscape and make an overall rectangular shape of approximate dimensions 260 ft by 615.35 ft. The property is part of a platted subdivision known as Timber Woods, which includes lots 31 through 50 of varying sizes and shapes. THIS PROJECT HAS ALREADY BEEN APPROVED FOR DEVELOPMENT BY THE CITY OF NEW PORT RICHEY FOR 28 TOWNHOMES AT THIS SITE!!! The LUCKY developer will receive ALL the plans including but not limited to the plat map, survey, engineering plans & architectural design plans of these MAGNIFICENT TOWNHOUSES. Getting to this point of development took nearly 3 YEARS OF PLANNING, DEVELOPMENT, THE EXPERTISE OF MANY KEY PROFESSIONALS & FUNDS. The new owner will be handed everything on a SILVER PLATTER & will be ready to take over the development immediately after purchase. Of course, the buyer is encouraged to verify with Pasco County, City of New Port Richey & other professionals regarding building codes, zoning & whatever else is deemed necessary in order to make an informed decision. The proposed townhomes are slated to be CONTEMPORARY in style & will feature 1,867 sqft of living sqft & 2,460 total sqft which includes a 2-car garage, entry & lanai. The owner's suite will be on the main level while the secondary bedrooms will be on the second level. The buildings will either be facing East or West depending on which side of the street they are built so daily sunsets will paint the sky VIBRANT colors each evening. These future EXQUISITE townhomes will be centered at the HEART of SUPREME REAL ESTATE. Hop on your GOLF CART & CRUISE to downtown New Port Richey featuring FANTASTIC restaurants, taverns, festivals, shopping & professional offices. Sims Park is PHENOMENAL for everyone with a playground, splash pad, walking paths along the river & an outdoor amphitheater. The public boat launch is just a few short minutes away where you can take your boat directly to the Gulf of Mexico or enjoy kayaking down the river. Robert K. Rees Beach Park is about 3 miles away! The City of New Port Richey is BUSTLING & THRIVING! Location is IDEAL near schools, beaches, medical plazas, shopping centers, restaurants, places of worship, airport & tourist attractions. MAKE THIS YOUR FUTURE HOME!

Location

State FL

County Pasco

Community Timber Woods

Zoning MF1

Exterior

Utilities Available BB/HS Internet Capable, Electrical Nearby, Sewer Nearby, Water Nearby

Waterfront false

View Trees/Woods

Building

Lot Description Buildable, Flood Plain/Bottom Land, City Limits, In County, Level, May Need To be Filled, Near Golf Course, Near Marina, Near Public Transit, Unpaved, Wooded

Lot Size Range 2 to less than 5

Sewer None

Water None

Schools

Elementary Schools Richey Elementary School

Middle Schools Gulf Middle-Po

High Schools Gulf High-Po

Others

Pets Allowed Yes

Pet Size Extra Large (101+ Lbs.)

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Membership Fee Required None

Listing Terms Cash, Conventional

Num of Pet 5

Special Listing Condition None

Listed by FUTURE HOME REALTY

Jens Behrmann

Advisor | License ID: 3565105

+1(941) 294-7878

Jens Behrmann

0 PINEWOOD DR New Port Richey, FL 34652

Key Details

Location

Exterior

Building

Schools

Others

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0 PINEWOOD DR