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36830 Blanton Rd - 60-Unit Multifamily Development Opportunity 3.04 Acres of Residential Land Offered at $2,124,150 CAD in Dade City, FL 33523
Investment Highlights
- Entitled for 60 multifamily units under RMF-4 zoning.
- Directly across from Pasco-Hernando State College, supporting strong renter demand.
- Conceptual plans include three buildings, private drives, and landscaped buffers.
- Strategic location near I-75 with excellent connectivity to Wesley Chapel, Tampa, and regional employment centers.
- Surrounded by expanding residential developments and growing household demographics.
- Proximity to local schools, healthcare services, and retail centers enhancing livability.
Executive Summary
This 3.04-acre development site presents a rare entitled opportunity for multifamily investors in one of Pasco County’s fastest-growing residential corridors. The property is zoned RMF-4, permitting up to 20 units per acre and supporting a 60-unit multifamily project. Located along Blanton Road with close access to I-75, the site benefits from the strong housing demand driven by spillover growth from Wesley Chapel and new residential communities in the area. Surrounding amenities include Pasco-Hernando State College directly across the street, ensuring ongoing rental demand from faculty, students, and workforce residents. With thousands of homes currently under construction nearby, this location is positioned to capture the region’s accelerated population and household growth. The parcel features an infill setting, perimeter landscaping potential, and approved conceptual site plans for three modern apartment buildings, making it an exceptional choice for developers seeking long-term value and market readiness.
Property Facts
| Price | $2,124,150 CAD | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 3.04 AC |
| Property Type | Land | ||
| Zoning | RMF-4 | ||
| Price | $2,124,150 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 3.04 AC |
| Zoning | RMF-4 |
1 Lot Available
Lot
| Price | $2,124,150 CAD | Lot Size | 3.04 AC |
| Price Per AC | $698,733.57 CAD |
| Price | $2,124,150 CAD |
| Price Per AC | $698,733.57 CAD |
| Lot Size | 3.04 AC |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 28-24-21-0000-03100-0000 | Improvements Assessment | $221,456 CAD |
| Land Assessment | $200,224 CAD | Total Assessment | $421,680 CAD |
Property Taxes
Parcel Number
28-24-21-0000-03100-0000
Land Assessment
$200,224 CAD
Improvements Assessment
$221,456 CAD
Total Assessment
$421,680 CAD
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36830 Blanton Rd - 60-Unit Multifamily Development Opportunity
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