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5951 Aqua Reserve Blvd, New Port Richey, FL 34652-8400
New Port Richey, FL 34652 Greater New Port Richey North

$27,700,000 USD

Land For Sale  •  19.4 AC

Property Details

  • Property Type Land
  • Lot Size 19.4 AC
0 Transit Score
40 Walk Score

Description

Direct-from-owner. Opportunity to acquire one or two Aqua Reserve projects. A partially completed luxury waterfront townhome project and a shovel ready 50 unit apartment development, both on Florida's Gulf Coast.
AQUA RESERVE TOWNHOME PROJECT- $24.7M.
• 32 luxury waterfront townhomes
• Phase I completed — 13 units built out of the 32 units.
• 42 privately deeded boat slips and dock completed.
• Resort-style amenities completed.
• Pool, clubhouse, fitness center, party room and pickleball completed. 
• Gated waterfront community
• Gulf access
AQUA RESERVE 50-UNIT APARTMENT PROJECT. 
• Fully approved / shovel-ready development
• 50 residential units.
• Available only as part of the combined acquisition
• Apartment project is NOT available for purchase separately.
PURCHASE OPTIONS.
Aqua Reserve Townhomes project can be acquired separately for $24.7M or together with the 50 Unit Apartment project for $27.7M.
Aqua Reserve combined acquisition represents a total of 82 residential units on approximately 18.9 acres.
Offering materials indicate approximately $67M total appraised value at completion for the combined projects.
Offered directly by ownership.
Ideal opportunity for developers, builders, private equity groups, family offices and real-estate investors seeking an established Florida waterfront project with substantial development remaining.
Additional offering materials, appraisals, development information and financial details are available to qualified parties.
SERIOUS INQUIRIES ONLY!
Marc Grama
Hudson Bay Developers, LLC
mgrama@hudsonbaydevelopers.com
DM me directly for additional information.
New Port Richey, Florida | Tampa Bay / Gulf Coast
#FloridaRealEstate #DevelopmentOpportunity #RealEstateDevelopment #FloridaDeveloper #WaterfrontDevelopment #InvestmentProperty #TampaBayRealEstate #NewPortRichey #Multifamily #RealEstateInvestment
Buyers can purchase both projects for $27.7M or just the townhome project for $24.7M. 
Apartment project CANNOT be purchased by itself.

Highlights

Waterfront private gated luxury development with deeded boat slips and full amenities.
Surrounded by the Gulf of America

Public Transportation

AirportDriveWalkDistance
Tampa International 51 min - 29.8 mi
St Pete-Clearwater International 51 min - 29.9 mi
Marc Grama 732-702-1650 Hudson Bay Developers
Marc Grama 732-702-1650 Hudson Bay Developers