7759 N Freemantle Way Dunnellon, FL 34433
Listing Courtesy of: MLS LogoSTELLAR / Century 21 J W Morton Real Estate, Inc. / Elias Kirallah - Contact:  352-726-6668

  7759 N Freemantle Way Dunnellon, FL 34433

Active (16 Days)
$7,496,000 (USD)
23.53
ACRES

Description

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.

MLS #:
OM716776
Taxes
$853(2025)
Lot Size
23.53 acres
Type
Land

Listed By

Elias Kirallah, Century 21 J W Morton Real Estate, Inc., Contact: 352-726-6668
Source
STELLAR
Last checked Feb 5 2026 at 1:39 AM GMT+0000
Bathroom Details
Subdivision
  • Equestrian Estates Unrec
Utility Information
  • Utilities: Other, Water Source: Well Required, Water Source: See Remarks
  • Sewer: Public Sewer, Septic Needed
Additional Information: J W Morton Real Estate, Inc. | 352-726-6668
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Disclaimer: Listings Courtesy of “My Florida Regional MLS DBA Stellar MLS © 2026. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any other purpose other than to identify properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified. Last Updated: 2/4/26 17:39