$7,496,000 for Sale

7759 n freemantle way , dunnellon, FL 34433

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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 oppo
General Information
Sale Price: $7,496,000
Price/SqFt:
Status: Active
MLS#: OM716776
City: dunnellon
Post Office: dunnellon
County: Citrus
Subdivision: equestrian estates unrec
Acres: 368
Lot Dimensions: 2400 x 2670
Size:
Acreage: 368 est.
Year Built:
Property Type:
Style:
Tax, Fees & Legal
Est. Winter Taxes:  $853
Legal Description:  Parcel Id: 18E17S20 32000; Owner Donna A Posa, Address: 4514 W Gina Marie Ln, Dunnellon, Florida 34433 (19.88 Acres) Parcel Id: 18E17S29 14000; 18E17S30 12100; Owner SAAI, Inc. 7759 N Freemantle Way, 5190 W Fusco Lane, Dunnellon, Florida 34433 (348 Acres).


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All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Elias Kirallah of CENTURY 21 J.W.MORTON R.E., Phone: 352-726-6668
(941) 662-7630 Call Cary Saffran for more information about this property.

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