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Land O' Lakes Development Opportunity

0 DREXEL Rd, Land O' Lakes, FL 34639

For Sale
$3,250,000

6.7 acre lot permitted for 69-unit condominium development.

Property Size57,000 SF
Lot Size6.71 Acres
Days on Market348

Property Features for 0 DREXEL Rd

General Information

Standard status Active
Size 57,000 SF
Lot size 6.71 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $4,838

Building Details

Building Size 57,000 SF
Year Built 2025
Listing Agency: RUSSELL ADAMS REALTY INC
Listed By: Cody Adams · License FL #630231
Source: Elliman
Added: Nov 28, 2025 Changed: Oct 26 Last Checked: Nov 8 at 6:48AM

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 RUSSELL ADAMS REALTY INC

Rey
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Investment Insights

Based on property information with market context.

This 6.7-acre vacant land parcel is permitted and ready for infill. Zoned MFR2, it allows for 18 units per acre and is located in Flood Zone X. The property is surrounded by development and is proposed for a stylish, modern 69-unit condominium on Drexel Rd. The proposed 2-story multi-family product will be built around luscious greenspaces. It is conveniently located in the heart of Land O' Lakes, near the intersection of Lake Patience Rd. and Land O' Lakes Blvd (U.S. Hwy. 41), just minutes from restaurants, retail, and schools.

Key Highlights

  • Permitted and ready pre‑construction 6.7‑acre land parcel.
  • Zoning allows 18 units per acre (MFR2).
  • Potential for a 69‑unit condominium development.

Location Intelligence

Trade Area within ½ mile

137
Businesses Nearby

Demographics for 34639, FL

28,165
Population
11,026
Households
2.6
Avg Household Size
41
Median Age
37%
College-Educated
95%
High-School Grad
27.1 sq mi
ZIP Area
1,039
Density / Sq Mi
$99,959
Median Household Income
$48,929
Median Earnings
$1,949
Median Rent
$361,100
Median Home Value

Market

Properties on Market for Land in Pasco County

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Land - 6.7 acre lot permitted for 69-unit condominium development.
Where is this land located?
The property is located at 0 DREXEL Rd Land O' Lakes, FL.
What is the asking price?
The asking price for this property is $3,250,000.
What are key features of this property?
This property features: Permitted and ready pre‑construction 6.7‑acre land parcel.; Zoning allows 18 units per acre (MFR2).; Potential for a 69‑unit condominium development.
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