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7759 N Freemantle Way

Dunnellon, FL 34433
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Acres367.88

Acres(Lot)

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 opportunity, combining near-term lot sales with mid-term entitlement upside and long-term value creation driven by infrastructure investment and sustained regional growth.

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Detail Ic Property Details

Property Type : Land

Price : $7,246,000

AD Id : 74345360

MLS Id : 851430

Lot Size : 367.88 Acres(Lot)

County : Citrus

Subdivision: None Available

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  • Lot Information

    Main Square Feet: 367.88 Acres Lot Size Acres: 367.88 Lot Size Square Feet: 1024852 Lot Description: Wooded

    Property Information

    Subdivision: Not on List Source Property Type: Land Property SubType: Unimproved Land

  • Listing Price Information

    Listing Price: $7246000 Original Price: $7496000 Cash

  • Tax Information

    Parcel Number: 1452961 Tax Year: 2026 Annual Tax: $852.75 Tax Legal Desc: 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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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
TRACT 15 SW 150th Street, Dunnellon, FL, 34433 $34,900 -- -- 54,450 1.25 Acres(Lot)
2747 W Gaspar Drive, Dunnellon, FL, 34433 $38,900 -- -- -- 0.53 Acre(Lot)
6626 N Libby Terrace, Dunnellon, FL, 34433 $18,900 -- -- -- 0.26 Acre(Lot)
6477 N Elnora Way, Dunnellon, FL, 34433 $25,000 -- -- 14,355 0.33 Acre(Lot)
7792 N Ibsen Drive, Dunnellon, FL, 34433 $23,500 -- -- 16,117 0.37 Acre(Lot)
6692 N Airmont Drive, Dunnellon, FL, 34433 $15,000 -- -- -- 0.23 Acre(Lot)
6714 N Airmont Drive, Dunnellon, FL, 34433 $20,000 -- -- 13,522 0.23 Acre(Lot)
6692 N Airmont Drive, Dunnellon, FL, 34433 $15,000 -- -- 13,522 0.23 Acre(Lot)
6714 N Airmont Drive, Dunnellon, FL, 34433 $20,000 -- -- -- 0.31 Acre(Lot)
10791 N Moreno Drive, Dunnellon, FL, 34433 $24,900 -- -- 10,000 0.23 Acre(Lot)

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ByOwner last updated this listing 06/10/2026 @ 15:37

MLS: 851430 LISTED BY: Elias Kirallah, Century 21 J.W.Morton R.E. 352-726-6668 SOURCE: REALTORS Association of Citrus County

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