7886095 Pinehurst Dr

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7886095 Pinehurst Dr

Spring Hill, FL 34606
Asking Price
$365K
Asset Type
Apartment Building Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Development site available for purchase at $365,000
  • Total lot size measures 0.5 acres
  • Zoned for apartment building construction
  • Positioned in the Spring Hill market in Florida
  • Suitable for multi-family residential development projects

What's Special

Priced at $365,000, this 0.5-acre parcel located at 7886095 Pinehurst Dr provides a development opportunity in Spring Hill, Florida. The site is designated for apartment building use, positioning it well for investors looking to expand their residential portfolio in a growing area of the Tampa Bay metropolitan region. Spring Hill continues to attract residents seeking a balanced lifestyle within proximity to major regional thoroughfares and coastal amenities. This land parcel accommodates multi-family construction, allowing for a structured approach to residential density in a suburban market. Developers can leverage the site footprint to maximize housing units while benefiting from the established residential character of the surrounding zip code. The tract remains accessible for construction staging and site planning, offering a straightforward path toward project initiation and completion.

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NOI
$80,000
Cap Rate
21.92%
DSCR
3.69
Strong
Cash-on-Cash
53.27%
Monthly Payment
$1,805.821
Annual Cash Flow
$58,330.15

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