37621 Eiland Blvd Zephyrhills, FL 33542

This exceptional 29-acre mixed-use development opportunity in Zephyrhills, Florida, presents a compelling investment prospect. Located at the northwest corner of Eiland Blvd and Ft King Road, this site boasts a prime location just off US 301, benefiting from high visibility and exceptional daily traffic counts (32,500). The property includes approximately 4 acres zoned for commercial development, allowing for a variety of uses including convenience stores (no gas), banks, restaurants (no drive-through), cafes, personal services, and laundromats. A special exception permits pharmacies, medical marijuana dispensaries, tattoo parlors, and indoor pet care facilities. The remaining 25 acres are zoned for multifamily residential development (R-4), permitting up to 347 apartment units or 220 townhomes, potentially up to four stories. All utilities are available on-site. The property is currently improved with a few small buildings, two of which generate modest month-to-month rental income. Its proximity to a newly completed VA medical center, schools, restaurants, and shopping centers along US 301 further enhances its appeal. A conceptual site plan illustrates one possible development design. The property is offered as a whole, or the owner will consider separate offers for the commercial and multifamily portions. The asking price for this Class A redevelopment opportunity is $5,500,000. APN: 03-26-21-0010-02000-0000