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Single-Family to Four Plex

Cottages At Oyster Bayou

4835 Green Key Rd, New Port Richey, FL 34652

Listing Price: $4,600,000

Lot Size
7.70 acres
Price/Acre
$597,403
Land Type
Land

Investment Overview

Cottages at Oyster Bayou consists of 58 finished single-family water view lots located in the Tampa MSA. The property is conveniently situated on the west side of US Highway 19 along the coastal line of the Gulf. This property offers a homebuilder the rare opportunity to acquire a ready to build project in a highly sought after submarket that has historically maintained a higher new home absorption rate in company with a currently tight housing supply. The tentative tract map was approved in August 2021 and consists of 58 single-family lots ranging from 2,200-2,700 square feet. The community will also benefit from a clubhouse and boat slips providing residents direct access into the Gulf of Mexico.

Investment Highlights

  • 7.7 Acre approved and ready to build community
  • Utilities and infrastructure in place
  • 6/58 units already partially built with 5 under contract and several reservations for the remaining units if the buyer wishes to continue with the in place development plans
  • Opportunity to swiftly capitalize on the markets housing supply shortage
  • Water view and direct access to the Gulf of Mexico

Exclusively Listed By

Single-Family to Four Plex

Cottages At Oyster Bayou

Listing Price: $4,600,000

Lot Size
7.70 acres
Price/Acre
$597,403
Land Type
Land

Investment Highlights

  • 7.7 Acre approved and ready to build community
  • Utilities and infrastructure in place
  • 6/58 units already partially built with 5 under contract and several reservations for the remaining units if the buyer wishes to continue with the in place development plans
  • Opportunity to swiftly capitalize on the markets housing supply shortage
  • Water view and direct access to the Gulf of Mexico

Investment Overview

Cottages at Oyster Bayou consists of 58 finished single-family water view lots located in the Tampa MSA. The property is conveniently situated on the west side of US Highway 19 along the coastal line of the Gulf. This property offers a homebuilder the rare opportunity to acquire a ready to build project in a highly sought after submarket that has historically maintained a higher new home absorption rate in company with a currently tight housing supply. The tentative tract map was approved in August 2021 and consists of 58 single-family lots ranging from 2,200-2,700 square feet. The community will also benefit from a clubhouse and boat slips providing residents direct access into the Gulf of Mexico.

Exclusively Listed By

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