Highlights

• Direct Gulf Access
• Mixed Use Resort Development
• DRI Studies & Investigations

• Marina/Hotel/Retail
• Golf Course/Sport Fishing
• Minutes to Tampa/Clearwater/St. Pete

Description

DIRECT GULF ACCESS - MIXED USE RESORT SITE! 2,300 acres fronting 3.5 miles along the Gulf of Mexico, 30 miles from Tampa International and Clearwater Beach. Land Use entitlements in process to allow 2,500 residential units, 250 room Hotel, 500 slip marina (350 dry and 150 wet), 250,000 sf retail, 50,000 sf office, 18 hole golf course. DRI approval expected 1Q/2009; Army Corp permit to dredge canal expected 12/08. 1,000+ acre state owned lands adjoin and expound huge natural vistas over salt water marshes to the Gulf. The property includes 225 acres of fresh water spring fed lakes; 1 mile of US 19 frontage (6 lane divided) and 1.2 miles along C 595. All utilities available.

The existing limerock mine is fully permitted and operational with 8MM cubic yards of reserves available for onsite use or cash flow for interim land banker. (Limerock is used throughout Florida as foundation base for roads, buildings, parking lots, etc.)

We have created a reserved website to house due diligence investigation which contains complete DRI applications, Property offering, site plans, animation, and more. Access available upon receipt of executed confidentiality agreement attached.

The property is located at the SWC of US 19 and CR 595 in northwest Pasco County and extends 2.2 miles from US 19 to the Gulf of Mexico. Adjoining to the south, Pasco County intends to develop a 320 acre park with 250 boat/trailer parking spaces; 6 slip boat ramp and fresh water beach.