7759 N Freemantle Way, Dunnellon, FL 34433

This offering features a +/-368-acre land assemblage situated in Citrus County, Florida. The property benefits from three points of legal road access. Located within the Tampa-St. Petersburg MSA, the site is positioned to capitalize on the area's rapid growth. The property is located near Crystal River, Lecanto, Homosassa, Inverness, and the Ocala MSA. The recently extended Suncoast Parkway, reaching CR 486 with planned continuation toward US-19, enhances regional connectivity. Zoned RUR/MH, the assemblage is located between higher-density growth corridors and agricultural and conservation lands. The site includes 41 previously platted single-family lots averaging +/-1.5 acres. The remaining acreage supports residential development at one unit per ten acres, with density increases to one unit per five acres achievable through a Planned Unit Development (PUD). Permitted uses include single-family residential, agricultural operations, and water and wastewater utility facilities. Conditional uses such as assisted living, attached housing, communications infrastructure, and community-serving facilities are also possible. Citrus County is updating its comprehensive plan under its 2050 Vision, transitioning away from legacy DRI structures toward expanded Public Service Areas and flexible development agreements. The Florida Live Local Act offers an entitlement-acceleration pathway, allowing limited workforce or affordable housing components to unlock zoning certainty, density flexibility, and compressed approval timelines. This property presents a land-banking and entitlement-arbitrage opportunity, combining lot sales with entitlement upside and long-term value creation.