Single Family Home Development
New Port Richey, FL
As currently planned, the site is to be improved with an 18 lot, single family residential subdivision known as Riverside Village Unit 5. Improvements include asphalt paved streets, utilities, and landscaping. The base lot size is to be 80' x 200', or 16,000 sq. ft.
The site is rectangular in shape and is approximately 12.02 gross acres in size. 10.08 acres comprise net or upland area. The site has approximately 2,000 feet of road frontage on Alvernon Drive and a depth of approximately 200 feet.
Home prices are likely to fall in the $200,000 to $275,000 range with lot prices in the $50,000 to $60,000 range.
The site borders the Riverside/Riverchase subdivision and is conveniently located near Little Road and the Seven Springs Golf course. The property slopes slightly to the south requiring all homes to have either a stem wall or the property to be filled.