Richey Dr - Port Richey Multi Family Development Land

19.75 acres (MOL) within the City of Port Richey, Pasco County, Florida. The property is predominantly composed of tall pine forest with several natural ponds scattered throughout the parcel. City water and sewer utilities run parallel to the eastern boundary. A sewer lift station is located to the NW corner of the property within the Old Post Road right-of-way. Dimensions are +/- 1,301’ north/south x 661’ east/west.
ZONING
Currently zoned as R-3 the parcel has potential to revert to R-1 for higher density. Port Richey’s current Comprehensive Plan indicates that the city shall “guide and control the development of underdeveloped residential land through the rezoning process so as to ensure the provision of a balanced range of housing types to meet the needs of the existing and future population.” With this modification, maximum density could allow 18 units per acre.
LOCATION
Subject property lies to the west of US Highway 19 at Ridge Road, on the corner of Richey Drive and Wilkins Street. Subject Parcel #29-25-16-0000-00400-0000 is adjacent to Super Walmart to the east and Old Post Road to the west. Highway 19 is a major north/south artery within western Pasco County. Ridge Road is a east/west artery which currently extends to the Suncoast Parkway, leading toward Tampa to the south and Citrus County to the north.
Area residents enjoy several local parks: Brasher Waterfront Park, Werner Boyce Salt Springs State Park, Port Richey Waterfront Park, and Nicks Park which includes a city boat ramp. Multiple waterfront restaurants are within walking distance, while many city residents enjoy riding golf carts to and from the entertainment district.