FL
Citrus
Dunnellon
34433
7759 N Freemantle Way
7759 N Freemantle Way, Dunnellon, FL 34433
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Listing Type
Lots/Land
Listing Status
Active
10
$7,496,000

Home Details for 7759 N Freemantle Way

Price
$7,496,000
Type
Land
Bedrooms
0
Bathrooms
Square feet
NaN
Lot size acres
367.88
County
Citrus
Garage
Days on site
26
MLS Listing#
851430
Property Description

Presented for acquisition is a rare, high-and-dry ±368-acre land assemblage with three points of legal road access in Citrus County, Florida, strategically positioned within the Tampa–St. Petersburg MSA—one of the nation’s fastest-growing regions with over 3.3 million residents. Citrus County continues to capture value-driven in-migration as growth expands north from Tampa. The property offers strong regional connectivity, located minutes from Crystal River, Lecanto, Homosassa, Inverness, and the Ocala MSA. Access is further enhanced by the recently extended Suncoast Parkway, a $180 million state investment now reaching CR 486 with planned continuation toward US-19, placing the final expansion corridor near the site. Zoned RUR/MH, the assemblage sits between higher-density growth corridors and surrounding agricultural and conservation lands. The site includes 41 previously platted single-family lots averaging ±1.5 acres, providing near-term monetization potential. Remaining acreage supports residential development at one unit per ten acres, with density increases to one unit per five acres achievable through a Planned Unit Development (PUD). Permitted uses include single-family residential, agricultural operations, and water and wastewater utility facilities, with additional conditional uses such as assisted living, attached housing, communications infrastructure, and community-serving facilities—significantly expanding development optionality. Citrus County is actively advancing comprehensive plan updates under its 2050 Vision, transitioning away from legacy DRI structures toward expanded Public Service Areas and flexible development agreements. Additionally, the Florida Live Local Act offers a compelling entitlement-acceleration pathway, allowing limited workforce or affordable housing components to unlock zoning certainty, density flexibility, and compressed approval timelines. This offering represents a high-conviction land-banking and entitlement-arbitrage opportunity, combining near-term lot sales with mid-term entitlement upside and long-term value creation driven by infrastructure investment and sustained regional growth.

Property Features
    Listing Courtesy: Century 21 J.W.Morton R.E. - 352-726-6668
    Presented by: Elias Kirallah
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    Market statistics compiled from data from Citrus County Association of Realtors.
    EXIT RIVERSIDE REALTY
    20156 E. Pennsylvania Ave, Dunnellon, FL 34432
    Tracy DeVoe
    License #: 3604722
    Sales Representative
    Office
    352 462 7170
    Agent
    352 212 5554
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