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    Gulf-Front Enclave Development Opportunity Title is generated by Realmo AI

    00 OLD DIXIE HIGHWAY, Hudson, FL 34667

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    For Sale
    $13,500,000

    Premier Gulf-front land with potential for high-rise residential development.

    Type:Land or Vacant Lot
    Lot size:
    10.00 Acres
    Added:
    Dec 21, 2025
    Days on Market:
    165
    Last Refresh:
    Apr 5 at 9:26 pm

    Property Features for 00 OLD DIXIE HIGHWAY

    General Information

    Standard status
    Active
    Lot size
    10.00 Acres
    Property subtype
    Land or Vacant Lot

    We can help!

    Listing Contact
    ANTHONY KANARIS PLLC

    Listing agent ANTHONY KANARIS PLLC License #3253910

    Listing office BRIDGE POINT BUSINESS REAL EST

    Listing date Dec 21, 2025

    Source Corcoran

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of BRIDGE POINT BUSINESS REAL EST

    HighLights

    • Gulf‑front location with premium, unobstructed view corridors
    • Significant vertical development potential, allowing for 400+ residential units
    • Adjacent to the planned SunWest Harbourtowne marina village with retail, dining, and boat storage
    • Immediate access to SunWest Park, a fully operational waterfront destination with recreational amenities
    • Flexible development options, scalable from a low‑density concept to a multi‑tower high‑rise community
    • Positioned as the luxury residential anchor of the broader SunWest waterfront district

    Overview

    Beach West is a Gulf-front enclave within the SunWest master-planned community along Florida’s Gulf of America corridor. This location offers privacy and connectivity to SunWest’s existing and planned residential, marina, and recreational amenities. Beach West benefits from a waterfront district and presents vertical residential development opportunities on the Gulf Coast. Beach West sits adjacent to the planned SunWest Harbourtowne marina village and near the established SunWest Park. Its Gulf-facing orientation and proximity to existing infrastructure create a foundation for vertical residential construction. All future development at Beach West is intended to be vertical. With no height restrictions currently in place, the site supports density expansion, allowing for over 400 residential units through multiple high-rise towers. This enables developers to maximize Gulf views and phase construction efficiently based on market demand. Beach West is designed to function as the luxury residential counterpart to the planned SunWest Harbourtowne marina village, which is envisioned to include a large marina, wet and dry boat storage, retail, dining, boutique services, and walkable mixed-use elements. Beach West is expected to benefit directly from increased activity and waterfront identity as Harbourtowne develops. A key differentiator for Beach West is its adjacency to SunWest Park, a fully operational waterfront destination featuring a white-sand lagoon beach, wakeboarding and paddleboarding facilities, seasonal events, and strong regional recognition. This existing amenity base provides built-in lifestyle appeal and traffic prior to any vertical development. Beach West represents an opportunity to deliver a high-rise coastal community supported by location, scale, entitlement flexibility, and established destination amenities.
    Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hudson
    County
    Pasco
    State
    Florida
    Longitude
    -82.699
    Latitude
    28.3554

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    FAQs

    What type of property is this?
    Waterfront Land - Premier Gulf-front land with potential for high-rise residential development.
    Where is this waterfront land located?
    The property is located at 00 OLD DIXIE HIGHWAY Hudson, FL.
    What is the asking price?
    The asking price for this property is $13,500,000.
    What are key features of this property?
    This property features: Gulf‑front location with premium, unobstructed view corridors; Significant vertical development potential, allowing for 400+ residential units; Adjacent to the planned SunWest Harbourtowne marina village with retail, dining, and boat storage
    (352) 515-0226
    We can help!
    Listing Contact
    ANTHONY KANARIS PLLC
    Real Estate License ID: 3253910
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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