9081 Suncoast TerraceHudson, FL 34667MLS Number U8184879

  • Price: $2,700,000
  • 51 Days on Market
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Federal 30-year interest rate: 6.09% last updated on Feb 2, 2023
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9081 Suncoast Terrace Hudson FL 346679081 Suncoast Terrace Hudson FL 346679081 Suncoast Terrace Hudson FL 346679081 Suncoast Terrace Hudson FL 34667
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  • 200Square Feet
  • 4.19Acreage
  • 2023Year Built
  • ActiveMls Status
Pre-Construction. To be built. INCOME PRODUCING STORAGE FACILITY IN AN EXTREMELY UNDERVALUED LOCATION: SunWest RV/Boat Storage is currently in the design/permitting stages and is being sold as a project deal to an investor looking for an income producing property with a high cap rate. As noted in the OM, the property directly across the street (1000+ acres directly on the Gulf) has already been permitted for 2500 residential units, 500 boat slips, an 18 hole golf course and more! This RV/Boat storage facility is being designed with the client in mind. Current concept map and design plans include an electronically operated 24/7 access gate, 119 total parking spaces*, parking lot lighting, beautiful monument signage and website presence that will make the property nearly hands free. This property is located DIRECTLY on US 19 and is seen by THOUSANDS per day. US 19 is a major highway and anyone traveling the West Coast of Florida will be driving up/down it. The boundary survey, topographical survey and GeoTech surveys have already been completed and are attached to this listing. As the project progresses, we will update the attached files/OM to reflect that. Business plan has already been approved by Pasco County. Property has already been cleared of all woodland. As of 12-12-2022, we are currently waiting for the final Design, Permits, etc. The final Design will determine the exact number of spaces, but more information can be found in the OM under each Proforma. As of today, property is currently priced for “worst case scenario” in terms of Design impacting multiple parking spaces. As the project progresses, the price is due to change and is likely to go up. More information on this can be found in the OM/Proformas. This is a very low expense and low effort business that will produce a stable income year round. There are almost zero “off-brand” storage facilities in the area that offer 24/7 access to their facility. Most of the RV/Boat storage facilities are barebones and only offer a lock/keypad to access the property. With 1000+ acres across the street already permitted for massive development, this project is being developed with a higher end clientele in mind. We imagine once the property across the street is fully developed, you will not only be able to raise prices from the estimated rent per parking space we have listed on the OM, but you will also have a waiting list of clients looking to get into a spot! *Listed price and offering memorandum subject to change as this project progresses with the current owner*
Listed by Austin Hilton of SUNCOAST GROUP REALTORS LLC

Driving Directions

Taylormade Properties, Inc.
Taylormade Properties, Inc.
9658 W. Linebaugh Ave.
Tampa, FL 33626

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More Info

Location Information

  • Road Frontage["Highway"]

Basic Information

  • Property SubTypeBusiness

Building

  • Building Area Source Owner
  • Garage Spaces
  • New Construction YN Yes
  • Year Built2023

Amenities

  • Other AmenitiesGolf, Water View

Water Body

  • MFR Water Access YN Yes
  • MFR Water View YN Yes
  • Water AccessPond
  • Water ViewPond

Basic Information

  • List Price$2,700,000
  • MLS NumberU8184879
  • Mls Status Active
  • StatusACT

Property

  • ZoningC2

Property Information

  • Acreage4.19
  • Construction Materials Other
  • Lot Size Square Feet 182,516
  • MFR Total Acreage 2 to less than 5
  • Number Of Lots 2
  • Property Condition Pre-Construction
  • Square Feet200

Other

  • Date Listed12/15/2022
  • Gross Scheduled Income $357,000
  • MFR Annual Income Type Projected
  • MFR Flood Zone Code X

Tax Information

  • Tax Year 2021
  • Taxes$1,935

Location

  • Address9081 Suncoast Terrace
  • AreaHudson/Bayonet Point/Port Richey
  • Building Number9081
  • CountyPasco
  • StateFL
  • StreetSuncoast
  • SubdivisionSuncoast Terrace
  • TownHudson
  • Township 24S
  • Zip34667

Based on information submitted to StellarMLS as of February 3, 2023 . All data is obtained from various sources and has not been, and will not be, verified by broker or StellarMLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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