Centerwood Avenue

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Centerwood Avenue

Spring Hill, FL 34606
Asking Price
$260K
Asset Type
Residential Land
Class
Class B

AI Property Summary

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

  • Residential land parcel spanning 4.9 acres
  • Located in Spring Hill, Florida, zip code 34606
  • Available for purchase at a price of 259900 dollars
  • Suitable site for custom residential development or subdivision
  • Strategically positioned near major regional transportation routes

What's Special

Developing a residential project on this 4.9-acre parcel in Spring Hill offers significant potential for investors seeking to capitalize on the growth of the region. The site provides a substantial footprint for custom housing or a small-scale subdivision, situated within a community known for its steady demand for residential space. Its location in this Florida submarket balances access to local infrastructure with the quiet character of the surrounding landscape, making it a viable candidate for prospective builders or developers. Spring Hill continues to attract residents looking for accessible Florida living, supported by connectivity to major regional thoroughfares and proximity to the Gulf Coast. This land asset sits ready for site planning and utility assessment to determine its capacity for new residential construction. Given the dimensions of the lot, it remains a practical acquisition for those looking to expand their portfolio within this growing suburban corridor.

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NOI
$80,000
Cap Rate
30.78%
DSCR
5.18
Strong
Cash-on-Cash
82.81%
Monthly Payment
$1,285.843
Annual Cash Flow
$64,569.879

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