Pinewood Dr
New Port Richey, FL 34652

This 3.67-acre PRIME vacant land comprised of 20 parcels on Pinewood Dr in the Timber Woods subdivision of New Port Richey is a rare and valuable investment opportunity located off US Highway 19 with direct access via Avery Road. This site has been recently zoned PDD (REZ2022-04), with approved plans for a 28 unit townhome development.  The parcel has 0.4 acres of conservation area, ensuring maximum usable space for residential development. 

Situated in a Flood Zone AE, the current architectural design has the living quarters elevated over 10 feet to mitigate flooding potential while maintaining functionality. Utilities such as water, sewer, and electricity are nearby and accessible.  The seller has already begun the permitting process and has architectural drawings available for review. Buyer will be responsible for SWFWMD permit and tree mitigation. 

Growth Potential: New Port Richey’s proximity to the Tampa-St. Petersburg-Clearwater metro area and ongoing infrastructure improvements are driving population growth. As the area continues to evolve, it is expected to attract both renters and buyers seeking market rate and affordable housing options within a short commute to larger urban centers.

**SELLER FINANCING AVAILABLE**

DUE DILIGENCE DOCUMENTS AVAILABLE:

Site Plan
Wetland Delineation 
Survey
Architectural Designs
Most Recent Appraisal
Landscape Plans
Demo, Utility, Sewer Plans
Rezoning Ordinance and Plan Approval
Future Land Use Map
Floor Plan
Exterior Rendering