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Prime Development Opportunity in the Heart of Ruskin, FL
Unlock the full potential of this exceptional 3. 18-acre development parcel located at 962-1022 E Shell Point Road in the rapidly growing community of Ruskin, FL. Perfectly positioned at the intersection of E Shell Point Road and Interchange Street, this property offers unparalleled visibility and access, making it an ideal site for a wide range of neighborhood commercial and residential developments.
Strategic Location
This property sits at the gateway to Ruskin, surrounded by established residential neighborhoods and just minutes from major transportation arteries, including I-75 and US-41. The site is adjacent to the Covina at Bay Park community and enjoys close proximity to shopping centers, schools, and key employment hubs, such as the Amazon Fulfillment Center, located just 1. 5 miles away. This prime location ensures a steady flow of traffic and easy access for both residents and businesses.
Zoning and Land Use Flexibility
Zoned as Planned Development (PD) with a future land use designation of Residential 12 (R-12), this parcel offers a unique blend of opportunities for developers. The property’s zoning supports a variety of uses, including residential support services, retail, and personal services, making it a versatile investment for those looking to capitalize on Ruskin’s growth.
The property is zoned Planned Development (PD) with a future land use designation of Residential-12 (R-12). The property is located within the Urban Service Area, and the Comprehensive Plan supports low-intensity, neighborhood-scale commercial development in this area. Hillsborough County planning staff have expressed support for projects that enhance residential quality of life—such as early education, personal services, and small-scale retail operations.
Key Property Features:
• Total Area: 3. 18 acres (approximately 138, 520. 8 square feet)
• Zoning: Planned Development (PD)
• Future Land Use: Residential 12 (R-12)
• Frontage: 356 feet along E Shell Point Road and 366 feet along Interchange Street
• Access: Multiple access points from both Interchange Street and E Shell Point Road
• Infrastructure: Public water and sewer services available, provided by Hillsborough County
Comprehensive Development Feasibility
The site has been thoroughly vetted for development, with a detailed feasibility report confirming the viability of the proposed uses. The property’s strategic location within the Urban Development Area ensures access to essential public services and infrastructure, aligning with Hillsborough County’s long-term growth and development plans. Previous investigation highlights the property’s compliance with all relevant zoning and land use regulations, making it ready for immediate development.
Endless Development Possibilities
Whether you envision a medium-density residential development, a neighborhood retail plaza, a daycare center, a self-storage facility, or a combination of any defined neighborhood use, this property offers endless possibilities. The surrounding area’s ongoing residential and commercial expansion only enhances the potential for a successful development that meets the needs of this dynamic community.
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William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $392,000 | $392,000 | $392,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.007% | 7.063% | 6.132% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,446 | $2,575 | $3,282 |
Total Monthly Payment | $2,521 | $2,650 | $3,357 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.