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    5913 Sea Ranch Dr Hudson, FL 34667

    For Sale
    $5,990,000

    8.64 Acres, 1300+ ft Gulf Frontage

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    Prime 8.64-acre gulf-front property in Hudson, Florida, offering exceptional development potential. Located within the gated Gulf Island Beach & Tennis Club, this vacant land boasts over 1300 feet of Gulf frontage and 1775 feet of total waterfront. Currently approved for 88 multifamily units, with the possibility of adding up to 108 units, a public hearing is not required for the initial 88 units. No height restrictions exist, and alternative zoning options include hotel development, with no unit restrictions beyond setbacks. The site also presents opportunities for townhomes or single-family residences. The property's location within an established condominium complex offers access to existing amenities, including a 24-hour security gate. The lagoon area is ideal for marina development or waterside amenities. Potential exists to expand the seawall and add boat slips. A pedestrian bridge could connect a northern strip of land, perfect for beach access or recreational areas. The property's proximity to major medical facilities, including the new Speros Moffitt Cancer Center and HCA Florida Bayonet Point Hospital, presents a strong market for potential buyers. Hudson Beach's renowned sunsets, fishing, restaurants, and nearby amenities further enhance the property's appeal. Tampa International Airport is a convenient 45-minute drive. Construction estimates for a condo project range from $300 to $320 per square foot. Neighboring non-gulf front homes sell for over $700 per square foot. This presents a unique opportunity for significant return on investment.

    Property Features for 5913 Sea Ranch Dr

    General Information

    Property type
    Multifamily properties
    Lot Size
    376,358 SF

    HighLights

    • Hotel zoning possible via Special Exception permit from the Pasco County Planning Commission.
    • Existing 3‑building condo complex (324 units total) with potential for a new Phase IV building offering Gulf views. Phase IV can join existing associations or form its own.
    • Lagoon area suitable for marina or overwater structures. Potential for 60‑70 boat slips with additional seawall. Pedestrian bridge possible to access northern land for beach and Tiki huts.
    • Proximity to the new Speros Moffitt Cancer Center (10,000+ employees) and HCA Florida Bayonet Point Hospital creates strong buyer demand for residential and hotel units.
    • Turnkey condo construction estimated at $300-$320/sq ft. Non‑Gulf front homes sell for over $700/sq ft.
    • Excellent location near Hudson Beach (voted Best Sunset in America), multiple marinas, restaurants, parks (including Sunwest County Park with large splash pad and wakeboarding course), and 10 golf courses within 30 minutes. Easy access to Tampa International Airport.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Motels

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Clothing Store Gym & Fitness Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Hudson
    County
    Pasco
    State
    Florida
    Longitude
    -82.7169033
    Latitude
    28.3573033

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    FAQs

    What type of property is this?
    Multifamily property - 8.64 Acres, 1300+ ft Gulf Frontage
    Where is this multifamily property located?
    The property is located at 5913 Sea Ranch Dr Hudson, FL.
    What is the asking price?
    The asking price for this property is $5,990,000.
    What are key features of this property?
    This property features: Hotel zoning possible via Special Exception permit from the Pasco County Planning Commission.; Existing 3-building condo complex (324 units total) with potential for a new Phase IV building offering Gulf views. Phase IV can join existing associations or form its own.; Lagoon area suitable for marina or overwater structures. Potential for 60-70 boat slips with additional seawall. Pedestrian bridge possible to access northern land for beach and Tiki huts.
    Request Owner's contact information
    5913 Sea Ranch Dr Hudson, FL 34667
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    Hudson, FL 34667
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
    5913 Sea Ranch Dr Hudson, FL 34667
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