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7486 Centerwood Ave - 4.9 ac Zoned R-1 A Spring Hill 4.9 Acres of Commercial Land Offered at $354,415 CAD in Spring Hill, FL 34606
Investment Highlights
- Zoned R-1A Residential, supporting single-family and mobile home residential development with flexible density options.
- Convenient access to Suncoast Parkway, offering a direct route to Tampa within 40 miles.
- Proximity to Weeki Wachee Springs and other local attractions enhances lifestyle appeal for future residents.
- Comprehensive due diligence completed, including surveys and environmental assessments, ensuring development readiness.
- Surrounded by established neighborhoods and key amenities, including retail, healthcare, and educational facilities.
Executive Summary
Situated within a well-established neighborhood, the site offers direct access along Centerwood Avenue and benefits from proximity to existing infrastructure networks, including water and wastewater services. The parcel’s gentle slope and uniform terrain streamline grading and layout planning, while existing road frontages optimize design efficiency. Located approximately 40 miles north of downtown Tampa via the Suncoast Parkway, the property combines suburban convenience with metropolitan connectivity. Nearby amenities such as Oak Hill Hospital, retail centers along Commercial Way, and natural attractions like Weeki Wachee Springs underscore its enduring appeal to homebuyers seeking quality residential environments. Priced at $259,900, this parcel provides a practical, cost-effective platform for creating a new residential community in one of Florida’s steadily expanding corridors.
Property Facts
| Price | $354,415 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Total Lot Size | 4.90 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land | ||
| Zoning | R1A - permitting single-family dwellings, mobile homes, and community residential homes. | ||
| Price | $354,415 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 4.90 AC |
| Opportunity Zone |
Yes |
| Zoning | R1A - permitting single-family dwellings, mobile homes, and community residential homes. |
1 Lot Available
Lot
| Price | $354,415 CAD | Lot Size | 4.90 AC |
| Price Per AC | $72,329.64 CAD |
| Price | $354,415 CAD |
| Price Per AC | $72,329.64 CAD |
| Lot Size | 4.90 AC |
Description
PROPERTY DESCRIPTION - The subject property is 4.9 acres of vacant land located off Centerwood Avenue in Hernando County, Florida. The site is zoned R-1A, does not contain wetlands, and is free of existing improvements, presenting a straightforward development canvas for a qualified buyer. R-1A zoning accommodates both conventional single-family and mobile home residential development. Final lot yield will be a function of setback compliance and road configuration rather than an imposed density cap, and prospective buyers are encouraged to conduct their own site planning to determine achievable lot count. The site is not served by public water or sewer but infrastructure is nearby. Ownership has completed a comprehensive due diligence package including a boundary survey, topographical study, road and tree survey, wetland delineation, a Phase I environmental assessment, and more. Additional materials are available upon request. LOCATION DESCRIPTION - Spring Hill has grown to over 123,000 residents in 2026 up from roughly 95,000 at the 2020 census and builder demand for residential land has kept pace with that growth. The county currently has 30 Class A subdivisions in various stages of platting and planning reflecting sustained confidence in the market from developers and homebuilders alike. The area surrounding this parcel captures what draws people to Spring Hill in the first place. Weeki Wachee Springs State Park and Oak Hill Hospital are both nearby and the Suncoast Parkway provides a direct connection to Tampa approximately 40 miles to the south making the location accessible without sacrificing the affordability and suburban character that define this market. PROPERTY SIZE - 4.9 Acres ZONING - R1A PARCEL ID - R2231716390000500050
Presented by
7486 Centerwood Ave - 4.9 ac Zoned R-1 A Spring Hill
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