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The opportunity is to purchase 2 separately approved and engineered PD subdivisions totaling 295 single family lots known as Spencer Creek and Mixon Subdivision in Ruskin, FL. The lot mix consists of 40, 50 & 60 wide lots and is planned to be developed in 2 phases.
Location: The property is located at 1510 15th Street in Ruskin, FL. The parcel is west of I-75 and south of College Avenue at the south east corner of 14th Avenue SE and 15th Street SE.
Amenity: The project is planned with a 1.25 acre private park with playground and picnic area.
Acreage: 135.35 Acres Gross; 80.88 Acres Usable. There is a TECO easement across a portion of the property.
Hillsborough County Folio: 057481-0000, 057480-3000, 057480-3020, 057480-0100, 057479-0000, 057479-0100, 057476-3000
Zoning: The property is zoned PD for 295 single family lots. The lot breakdown is 64 (40 X 110), 205 (50 X 110) and 26 (60 X 110).
Utilities: Seller has entered into an Accrued Guaranteed Revenue fees (AGRF) with Hillsborough County and has paid $95,630.15 (1/6th) which is included in the price.
Terms: Inspection Period to expire on or before December 15, 2015 with a closing no later than January 15, 2016.
Price: $3,500,000 which equates to $11,864 per fully engineered lot
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