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29824 Wells Road, Wesley Chapel, FL 33545
$2,999,900
29824 Wells Road, Wesley Chapel, FL 33545View this property at 29824 Wells Road, Wesley Chapel, FL 33545
29824 Wells RoadWesley ChapelFL33545
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Property 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 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.
Full Property Details
Full Property Details for 29824 Wells Rd
General
- Price: $2,999,900
- Taxes: $9,450 (2022)
- Status: Active
- Type: Lots/Land
- MLS ID: T3435128
- Updated: 12/30/2023
- Added to Site: 415 day(s) ago
Location
- Area: 33545 - Wesley Chapel
- County: Pasco
- Development Name: 33545 - Wesley Chapel
- Subdivision: ACREAGE
- Driving Directions: From I75 NORTH TAKES EXIT 282 , RIGHT ON BOYETTE RD , 1.2 MILES RIGHT ON WELLS RD
School Information
- Elementary School: Wesley Chapel Elementary-PO
- Middle School: Thomas E Weightman Middle-PO
- High School: Wesley Chapel High-PO
Community
- Community Name: 33545 - Wesley Chapel
Utilities
- Sewer: None
- Water: None
- Utility Description: Cable TV Available, Electricity Available, Water Available
Structural Information
- Current Bldg. Use: Subdivision
Lot Features
- Lot Size (Acres): 9.8
- Lot Size (Sq. Ft.): 426,888
- Lot Size: 9.8
- Street/Road Desc.: Dirt
Financial Considerations
- Price Per Acre: $306,112
- Tax Amount: $9,450.26
- Tax Year: 2022
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%-$295
- Ownership: Fee Simple
- Special Conditions: None
- 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
- Flood Zone Info: X
- APN: 202605000.0003.00002.0
- Property ID: 202605000.0003.00002.0
Listed by Future Home Realty Inc
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Schools
Schools serving 29824 Wells Rd
School District:Pasco County School District
Rating | Name | Grades | Distance |
---|---|---|---|
30243 Wells Rd, Wesley Chapel, FL 33545 | PK-5 | 0.5 mi | |
30649 Wells Rd, Wesley Chapel, FL 33545 | 6-8 | 1 mi | |
30651 Wells Rd, Wesley Chapel, FL 33545 | 9-12 | 0.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 29824 Wells Rd
Date
Details
Price
Change
Source
11/06/2023
Price Reduced
$2,999,900
-9.09%
MLS
10/24/2023
Price Reduced
$3,300,000
-13.16%
MLS
6/14/2023
Price Reduced
$3,800,000
-9.52%
MLS
5/15/2023
Price Reduced
$4,200,000
-10.64%
MLS
4/14/2023
Price Reduced
$4,700,000
-6%
MLS
3/21/2023
Listed
$5,000,000
506.06%
MLS
8/12/2020
Sold
$825,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 29824 Wells Rd
Year
Property Taxes
Change
Tax Assessment
Change
2023
$10,163
11%
$602,374
5%
2021
$9,144
-3%
$573,710
-5%
2022
$9,450
3%
$602,374
441%
2021
$9,144
409%
$111,441
—
2019
$1,797
—
$111,441
—
2018
$1,804
-2%
$111,441
—
2017
$1,839
-1%
$111,441
—
2016
$1,866
-2%
$111,441
—
2015
$1,906
2%
$111,441
—
2014
$1,874
-1%
$111,441
—
2013
$1,890
—
$111,441
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 29824 Wells Rd
29824 Wells Road, Wesley Chapel, FL 33545 (MLS# T3435128) is a Lots/Land property with a lot size of 9.8 acres. 29824 Wells Road is currently listed for $2,999,900 and was received on March 22, 2023. Want to learn more about 29824 Wells Road? Do you have questions about finding other Lots/Land real estate for sale in Wesley Chapel? You can browse all Wesley Chapel real estate or contact a Coldwell Banker agent to request more information.