8 months on rocket

10651 Old Lakeland Hwy, Dade City, FL, 33525

$5,950,000

21.62 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
MLS #T3520432
Lot Size21.62 Acres
StatusActive

About 10651 Old Lakeland Hwy

Ground Lease for just $0.42/Sq Ft, and up to 100 years triple net lease, there is over 940,000 Sq ft or 21.62 acres of land in addition to the buildings. This prop is for sale as well and Seller financing available with good terms (20% down, 4% interest, 5 years loan, asking price $5,950,000.00)!! With all growth and the upcoming developments this is a great spot for a Topgolf project, and more!! Ground Lease for just $0.42/Sq Ft. You can do Bottled water here, there are 3 wells in the property with a very high water pressure, you can sell water and get anywhere between 1 million to 15+ million gallon per day, you have to call to get more info about this. You can park around 40 semi-trucks and trailers per acre so that's over 850 semi-trucks and trailers more or less. This is a great fit for a warehouse (Amazon etc...), Gas station, Plazas, Self-storage, even selling Lawn here will make you a huge profit. Excellent opportunity for light industrial development including Offices, light industry, research/corporate parks, and warehouses/distribution centers (Amazon etc..), Other retail/commercial support such as restaurants, banks, day-care centers, dry cleaners, hotels/motels, and service stations, retail/ commercial, manufacturing, Recycling centers, etc... the site is approved for up to 60 feet or 3 story building, in Dade City, Florida. Nestled within a picturesque landscape, this property offers an exceptional opportunity. Boasting a prime location along Old Lakeland Highway with contiguous access to Townsend Road, it provides unparalleled visibility and accessibility for various commercial endeavors. Spanning 21.61 acres of level, upland terrain, the property features a 3,500 square foot home and a 2,520 square foot pole barn, both of which enhance its versatility for potential uses. Cleared of trees and boasting a square-shaped layout, the land is primed for development, with utilities such as electric, gas, well, and septic readily available. Dade City's unique blend of historic charm and modern amenities sets the stage for a thriving business environment. Its vibrant downtown area, adorned with antique shops, boutiques, and eateries, reflects the community's commitment to preserving its heritage while embracing progress. Furthermore, the property's strategic location within the burgeoning Tampa Bay area underscores its potential for growth. Just a short distance from major highways and attractions, including US 98 and I-4 in Tampa, it offers easy access to a wide range of amenities and opportunities. In summary, this property presents an enticing prospect for developers and businesses seeking to capitalize on Dade City's rich heritage and the region's economic momentum. With its favorable zoning, infrastructure, and surrounding amenities, it stands poised to become a hub for light industrial activity in this thriving corner of Florida, see attached flyer for the residential developments around the site.

Property Details

Property Features

Listing Office:

  • Office Name: ALIGN RIGHT REALTY SUNCOAST
  • Listing Agent: Khairi Salah

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  • Virtual Tour: 10651 Old Lakeland Hwy
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Lot Features

Lot Information:

  • Lot Size: 21.62 Acres

Other

Directions Information:

  • Directions: Take US-301 N, Turn right onto Chancey Rd, Continue straight onto Co Rd 535, The home to the left side of the road.

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,950,000

Tax Information:

  • Annual Amount: $2,516
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Dade City, FL.

Med. Sold Price

$343.3K

Med. Price/SqFt

$201

Avg. Days On Market

110

# of Sold Homes

34

10651 Old Lakeland Hwy vs Dade City

242 DAYS ON ROCKET

+132 Days

$5,950,000

+$5.6M More

KEY TAKEAWAY

This property is $5.6M more than the Median Sold Price in Dade City, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #T3520432

Listing Office:

  • Office Name: ALIGN RIGHT REALTY SUNCOAST
  • Listing Agent: Khairi Salah

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 10:49:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 20, 2003Home Sold
$450,000
Nov 20, 2003Home Sold
$220,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,516$171,479
2019$2,570$175,019
2018$2,680$182,790
2017$2,715$181,876

History based on county public records data.

Payment Calculator

$29.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$17.9K

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4399993
4
/10
  • Centennial Elementary School

  • 38501 Centennial Rd

  • 1.70 miles

  • Public District Grades PK-5

school-card-donut-4399994
2
/10
  • Pasco Elementary School

  • 37350 Florida Ave

  • 4.25 miles

  • Public District Grades KG-5

school-card-donut-4399995
2
/10
  • Rodney B. Cox Elementary School

  • 37615 Martin Luther King Blvd

  • 4.67 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,804. The most common annual income of people living in Dade City, FL is between $35k-100k. The most common type of family is married, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 10651 Old Lakeland Hwy

What is the listing price of this property?

The listing price of 10651 Old Lakeland Hwy property is $5,950,000.

What type of property is this?

The property 10651 Old Lakeland Hwy is land located in Dade City, Florida, 33525.

Is this property for sale now?

Active Listing: 10651 Old Lakeland Hwy is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,516 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 20, 2003 for $450,000. (source: MLS/tax record).

How much acreage is this property?

The property 10651 Old Lakeland Hwy is 21.62 acres.
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Rocket HomesFloridaPasco CountyDade City3352510651 Old Lakeland Hwy

This home is located at 10651 Old Lakeland Hwy in Dade City, FL and zip code 33525. This home sits on a 21.62 acre lot. It has been listed on Rocket Homes since April 19, 2024 and is currently priced at $5,950,000.

Dade City, FL housing market in November 2024 saw over 4 listings sold above listed price, more than 6 sold at listed price and over 24 sold below. In November 2024 in Dade City, FL there were 4.6% less homes for sale than in October 2024. The median list price of listings available in November 2024 was $343,366, while the average time on the real estate market was 110 days.

From Rocket Homes Real Estate and based on county public records data.

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