36845 Clinton Ave Dade City, FL 33525
This exceptional 4.89-acre property in Dade City, Florida, presents a compelling investment opportunity. Located on Clinton Avenue, a major thoroughfare, the land boasts approximately 438 feet of road frontage, ensuring high visibility to an estimated 10,500 vehicles daily. The property is zoned R-1MH, designating it as a Single-Family/Mobile Home District, permitting the construction of single-family detached dwellings and mobile homes on individual lots. Special exceptions within this zoning allow for the development of duplexes, daycare centers, churches, and various professional services such as medical, dental, legal, and engineering offices. The strategic location, one mile from the intersection of Clinton Avenue and US Highway 301, further enhances its appeal. Neighboring properties are undergoing or have already completed rezoning to higher-density uses, including multifamily and commercial developments, suggesting significant future growth potential in the area. The property's APN is 09-25-21-0000-01000-0000. The asking price is $749,000. This land offers a unique blend of residential and potential commercial development possibilities in a rapidly evolving area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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