37110 Eiland Blvd.

• 178 Units Approved for Future Multi-Family Development
• A part of a 40 Year MPUD; Silver Oaks Village Golf Course Community
• Transportation & Impact Fees Waived; Savings of $3,500-$3,700 per Unit
• Significant Amount of Development Infrastructure Already In Place; Portions of Roadway, Water, Sewer & Retention
• Excellent Frontage & Visibility; Multiple Points of Ingress & Egress
• Site Has SWMD Approval in Place for All Retention Ponds; Retention is Shared With the Neighboring YMCA & the HOA
• Gravity Fed Sewer in Place
• 50% of the Property is “Pad Ready"

Property Description

NYE Commercial is pleased to offer for sale an excellent opportunity to step into a partially developed Multi-Family project in the growing city of Zephyrhills, Florida. The project consists of 5 separate parcels for a total of 11.57-Acres. This assemblage has been pre-approved for 178 units; Townhomes, Villas or Apartments. It is important to note that Zephyrhills has a maximum of 2 stories for apartment style developments without additional approval from the city. This development has preexisting infrastructure in place since it is a part of a longstanding golf course MPUD, Silver Oaks Village. (This Property is not a part of the HOA.)These homes have transportation & impact fees waived saving the developer between $3,500-$3,700 per unit depending on type of the type of unit constructed. Included, please find the link to all the due diligence documents seller has available at this time. You will also see a document with offer guidance on pricing and terms. Link: https://www.dropbox.com/sh/xmm4nw7m4rmlzll/AABRT2Twa_duM-LS1vFNzWs1a?dl=0 The project is located just 10 minutes north of bustling Wesley Chapel and 15 minutes to interstate 75, the regions primary north and south interstate. Zephyrhills has a strong medical community with a hospital under the Advent Health flag and the origin of Florida Medical Center that now has a regional medical presence in Tampa Bay. Other industries are currently operational here that often need temporary housing alternatives for incoming workers. The Zephyrhills Municipal Airport is extending their main runway that will also drive additional industry here into the region.