0 Moon Lake Rd New Port Richey, FL 34654

This exceptional 9.86-acre parcel in New Port Richey, Florida, presents a remarkable opportunity for multifamily development. Zoned PD (Planned Development), it boasts full entitlement and approved site plans from Pasco County for a 224-unit apartment complex, distributed across four four-story buildings. The site's design incorporates a "Left-In, Left-Out" turn lane and median cut for efficient ingress and egress, enhancing convenience and accessibility. Utilities are readily available, with an 8-inch water line across the street and a 12-inch sewer line on-site, complemented by an adjacent lift station. The property's strategic location along Moon Lake Road, just north of its intersection with Ridge Road, places it within close proximity to a substantial 60,000-square-foot Publix-anchored shopping center, Pasco-Hernando State College, and River Ridge Middle/High School. Furthermore, the recent completion of the Ridge Road Extension provides direct access to the Suncoast Parkway, significantly enhancing connectivity. This location benefits from the proximity to the burgeoning Angeline development, a 6,200-acre master-planned community projected to encompass approximately 7,500 homes upon completion, and the significant Moffitt Cancer Center expansion, a 1.4 million-square-foot campus currently under development just five miles east. This expansion, supported by a $25 million Pasco County commitment, is expected to attract substantial biotech and life sciences industries, further bolstering the area's growth potential. The parcel ID is 29-25-17-0000-00400-0020. This is an unparalleled opportunity to capitalize on the explosive growth in this thriving Pasco County location.