8738 Lindy Ln, photo 1
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Overview

0 baLand
TypeLand
HOANone listed
Lot614,196 sqft

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

8738 Lindy Ln is a home in Port Richey Land CO, New Port Richey. Flood zone ae - confirm flood insurance requirements with your lender.

From the listing

PRIME 14.1-ACRE DEVELOPMENT OPPORTUNITY ADJACENT TO NEW PORT CORNERS IN NEW PORT RICHEY, PASCO COUNTY, FLORIDA. A rare opportunity to acquire a substantial infill development parcel positioned directly adjacent to Lennar’s New Port Corners community. Recent development activity has brought newly constructed roads and sewer infrastructure up to and adjacent to the property, significantly changing the development context and potential of this residential development opportunity. Located at 8738 Lindy Lane, this approximately 14.1-acre property is in the rapidly growing New Port Richey/Trinity area of Pasco County. The combination of substantial acreage, river frontage, proximity to new residential development, and adjacent infrastructure creates an opportunity for builders, developers, investors, and land-banking groups seeking property in one of Tampa Bay’s expanding residential corridors. Potential development concepts may include single-family residential, townhomes, multifamily, build-to-rent, or other residential development strategies, subject to zoning, land-use approvals, environmental review, engineering, utility capacity, and governmental approvals. Buyers are encouraged to perform independent due diligence regarding density, entitlements, floodplain, wetlands, utilities, access, and development feasibility. The property’s location next to active new construction offers a significant advantage over isolated raw land. New roads and sewer infrastructure have recently been constructed up to and adjacent to the site as part of surrounding development activity. The parcel’s size and configuration provide flexibility for a range of potential site-planning concepts while the river frontage offers the possibility of creating a distinctive residential community with water views, natural areas, trails, kayak access, or other amenities, subject to applicable approvals. An additional approximately one-acre parcel located across the river may also be available for inclusion or separate negotiation, potentially offering additional options for recreation, conservation, amenities, or other strategic uses. Conveniently located near Trinity, New Port Richey, State Road 54, US Highway 19, shopping, restaurants, healthcare, schools, and employment centers, with access to the greater Tampa Bay market. This is a unique opportunity for a residential developer, homebuilder, multifamily developer, townhome developer, build-to-rent operator, or land investor to secure a sizable infill development site adjacent to major new residential construction and recently extended infrastructure. PROPERTY HIGHLIGHTS: Approximately 14.1 acres; nearly 1,000 feet of river frontage; adjacent to the New Port Corners development; newly constructed road infrastructure adjacent to the property; sewer infrastructure extended to the immediate area; potential for multiple residential development concepts subject to approvals; optional additional approximately one-acre parcel across the river; strong New Port Richey/Trinity/Pasco County growth corridor location. Seller and listing broker make no representations regarding allowable density, development approvals, utility capacity, wetlands, floodplain impacts, or suitability for any specific use. All proposed uses are subject to buyer due diligence and applicable governmental approvals.

The essentials

On market
1361 days
Annual tax
$2,346
Flood zone
AE
Lot
614,196 sqft
Type
Land

At a glance

Payment

Est. monthly payment
$14,478/mo
Down payment (20%)
$499,800
Property taxes
$195/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Land
Year Built
-
Lot
614,196 sqft
Cooling
-
Heating
-
Parking
-
Days on Market
1361
Flood Zone ae
Annual Tax (2021)
$2,346
Parcel #
16-26-11-0010-00200-0020

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Port Richey Land CO
County
Pasco
MLS Area
34655 - New Port Richey/Seven Springs/Trinity
Lot Size
614,196 sqft

Price history

Date
Event
Price
8/9/2024
Price change
Source: Stellar MLS #W7851874
$2,499,000-16.7%
1/18/2023
Listed for sale
Source: Stellar MLS #W7851874
$3,000,000

Neighborhood

8738 Lindy Ln
New Port Richey, FL, 34655 · 34655 - New Port Richey/Seven Springs/Trinity

Calculator

Est. monthly payment
$14,478/mo
Principal & interest$13,033
Property taxes$195
Insurance$1,250
Down payment20% · $499,800
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$2,499,000

Time on market

1361 days

Monthly payment

About $14,478/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $2,346 annual tax bill, insurance.

Flood zone

Zone AE

That is a high-risk designation, so a lender will normally require flood insurance. Confirm the current rate before you write an offer.

Have another question?

Brokered byRE/MAX CHAMPIONSListing agent: Patricia Bly, LLCListing data from Stellar MLS, MLS# W7851874.

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