Your email has been sent.
8615 Florida 54
New Port Richey, FL 34655
40± Acres of Development Land on SR 54 · Land For Sale
·
40.00 AC
Investment Highlights
- More than 1,300± feet of frontage along State Road 54.
- Located within the established Trinity/New Port Richey corridor.
- Supports residential, retail, medical, office, and mixed-use concepts.
- Approximately 40± acres suitable for large-scale development.
- Surrounded by master-planned communities and residential neighborhoods.
- Opportunity for a cohesive master-planned development program.
Executive Summary
The surrounding area is anchored by a substantial concentration of master-planned communities and established residential neighborhoods, creating a built-in customer and workforce base for future development. Continued growth throughout the corridor has increased demand for additional housing, neighborhood-serving retail, healthcare services, dining options, and professional office space. The site's size and configuration create flexibility for a variety of development concepts, including multifamily residential, build-to-rent communities, neighborhood commercial uses, medical and professional office, restaurants, and other complementary land uses.
A master-planned approach could position commercial uses along the highly visible State Road 54 frontage while allowing residential components to be integrated within the interior of the site, creating a cohesive transition between the corridor and surrounding neighborhoods. Access to existing utility infrastructure, combined with the property's substantial frontage and development scale, further enhances its ability to accommodate a large, coordinated project.
As development-scale land opportunities along State Road 54 become increasingly limited, this offering provides developers and investors with the opportunity to create a long-term project designed to serve the evolving needs of the Trinity and New Port Richey market.
Property Facts
1 Lot Available
Lot
| Lot Size | 40.00 AC |
| Lot Size | 40.00 AC |
Approximately 40 acres with 1,300+ feet of State Road 54 frontage in the Trinity/New Port Richey corridor. Development opportunity suitable for residential, retail, medical, office, and mixed-use concepts within an established growth area.
Description
The offering represents a rare, large-scale development opportunity within the established Trinity/New Port Richey trade area of western Pasco County. The approximately 40-acre assemblage, featuring more than 1,300 feet of frontage along State Road 54, offers the scale, visibility, and location required for a significant residential and commercial development. The Property is located within one of Pasco County's most established residential growth corridors, surrounded by a substantial concentration of master-planned communities and established neighborhoods. Continued residential growth throughout the broader market has created sustained demand for additional housing, neighborhood retail, healthcare, dining, professional services, and other community-oriented uses. Potential development programs may include multifamily residential, build-to-rent, neighborhood commercial, medical and professional office, restaurants, and other complementary uses. The Property’s size, frontage, and configuration provide an opportunity for a cohesive, master-planned development. The site could support commercial uses along State Road 54, with residential uses positioned within the interior, creating an integrated project with a logical transition from the corridor to the surrounding community. With more than 1,300 feet of highly visible State Road 54 frontage, established residential density in the surrounding trade area, access to existing utility infrastructure, and the ability to accommodate a substantial development program, the Property offers a compelling platform for a developer seeking to execute a large-scale, master-planned project in one of western Pasco County's most established growth corridors. As opportunities for contiguous, development-scale land along State Road 54 become increasingly limited, 8615 State Road 54 provides the scale and strategic location necessary to create a long-term, market-defining development serving the evolving needs of the Trinity/New Port Richey market.
Property Taxes
| Parcel Number | 23-26-16-0000-01200-0020 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $880,881 |
Property Taxes
