29824 Wells Road

Wesley Chapel, FL 33545

$2,999,900
Price
426,888 / 9.8
Lot Size / Acres

Description

OPPORTUNITY FOR INVESTOR OR DEVELOPER to acquire a 90% shovel ready property in Wesley Chapel, FL. Currently in permitting for twenty-three (23) oversized lots in addition to improvements to Wells Road. Current zoning R2 with a Future Land Use of RES-3. Total acreage of 9.80 acres located in the jurisdiction of Pasco County. Exceptional income producing opportunity MARKET CAP between 7% to 8% or build to sell. Easy access to Tampa through the Overpass Road. Close to hospitals, restaurants, Epperson...OPPORTUNITY FOR INVESTOR OR DEVELOPER to acquire a 90% shovel ready property in Wesley Chapel, FL. Currently in permitting for twenty-three (23) oversized lots in addition to improvements to Wells Road. Current zoning R2 with a Future Land Use of RES-3. Total acreage of 9.80 acres located in the jurisdiction of Pasco County. Exceptional income producing opportunity MARKET CAP between 7% to 8% or build to sell. Easy access to Tampa through the Overpass Road. Close to hospitals, restaurants, Epperson Lagoon, Ice Skating Rink, Tampa Premium Outlet, Pop Stroke (a mini golf course designed by Tiger Woods), The Krate, over 40 restaurants and stores made of shipping containers), and many other places to relax and enjoy with your family.
  1. Listed by Alcides Martinez • FUTURE HOME REALTY INC

Property Details for 29824 Wells Road

Subdivision Name
ACREAGE
Township
26S
Waterfront
No

Location

Listing Courtesy of FUTURE HOME REALTY INC, Alcides Martinez
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LISTING UPDATED: 02/26/2024 09:25 AM

Property Details for 29824 Wells Road

StatusActive
MLS #T3435128
Days on Market412
Taxes$9,450 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size9.80 AC
CountyPasco County

Location

Listing Courtesy of FUTURE HOME REALTY INC, Alcides Martinez
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Building Information for 29824 Wells Road

Lot Size9.80 AC

Payment Calculator

$17,159 per month

30 year fixed, 7.25% Interest

Principal and Interest

$16,372

Property Taxes

$788

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 29824 Wells Road

Summary
Location and General Information
  • Building Area Units: Square Feet
  • Directions: From I75 NORTH TAKES EXIT 282 , RIGHT ON BOYETTE RD , 1.2 MILES RIGHT ON WELLS RD
  • Elementary School: Wesley Chapel Elementary-PO
  • Middle Or Junior School: Thomas E Weightman Middle-PO
  • High School: Wesley Chapel High-PO
  • Mls Major Change Type: Price Decrease
  • Listing Service: Full Service
  • Street Number: 29824
  • Street Name: WELLS
  • Street Suffix: ROAD
  • State: FL
  • City: WESLEY CHAPEL
Taxes and HOA Information
  • Tax Block: 0000
  • Tax Book Number: 7-6
  • Tax Legal Description: E1/2 OF W1/2 OF FOLLOWING DESC:THE N1/2 OF SE1/4 OF NE1/4 OF SEC 5 LESS THE EAST 25 FT THEREOF FOR R/W; SUBJECT TO & TOGETHER WITH EASEMENT FOR INGRESS & EGRESS OVER & ACROSS THE NORTH 15 FT OF SAID N1/2 OF SE1/4 OF NE1/4 THEREOF & W1/2 OF WEST 1/2 OF FOLL DESC;NORTH 1/2 OF SE1/4 OF NE1/4 OF SECTION 5 LESS EAST 25 FT THEREOF FOR RD R/W; SUBJECT TO & TOGETHER WITH EASEMENT FOR INGRESS & EGRESS OVER & ACROSS NORTH 15 FT OF SAID N1/2 OF SE1/4 OF NE1/4 SUBJECT TO UTILITY EASEMENT PER OR 7732 PG 1414
  • Tax Year: 2022
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Current Use: Subdivision
  • Lot Size Dimensions: 0000
  • Parcel Number: 20-26-05-000.0-003.00-002.0
  • Total Acreage: 5 to less than 10
  • Water Access: No
  • Water Extras: No
  • Zoning: R2
  • Lot Dimensions: 0000
Property and Assessments
  • Flood Zone Code: X
  • Public Survey Range: 20E
  • Public Survey Section: 5
Utilities
  • Sewer: None
  • Utilities: Cable Available, Electricity Available, Water Available
  • Water Source: None
Interior and Exterior Features
Exterior Features
  • Front Footage: 0
  • Pool: None
  • Pool Private: No
  • Waterfront Feet Total: 0
Interior Features
  • Living Area Units: Square Feet
  • Water View: No

Property History for 29824 Wells Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 29824 Wells Road

Taxable ValueLand$602,374Additions-Total$602,374
Tax Record2023$10,163 ($847 / month)
Home Facts
Beds0Lot Size426,888 SqFtStyleResidentialZoning00R2CountyPASCOAPN05-26-20-0000-00300-0020

Schools near 29824 Wells Road

This home is within Pasco.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 6
Rating
School
Distance
Wesley Chapel Elementary School
PublicPK to 5

Thomas E. Weightman Middle School
Public6 to 8

Wesley Chapel High School
Public9 to 12

Pinecrest Academy Wesley Chapel
CharterK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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29824 Wells Road is a 9.8 ac of land for sale in Wesley Chapel, FL 33545. This property was listed for sale on March 21, 2023 by FUTURE HOME REALTY INC, it's currently listed at $2,999,900. It has been on the market for a total of 412 days and was last sold on August 12, 2020. This listing's school district is Pasco. Nearby schools include Wesley Chapel Elementary School, Thomas E. Weightman Middle School and Wesley Chapel High School. 29824 Wells Road is a 0-bed, 0-bath, 9.8 ac of land on a 426,888 sq. ft. / 9.8 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of FUTURE HOME REALTY INC, Alcides Martinez

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 02/26/2024 09:25 AM