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7759 N FREEMANTLE WAY Dunnellon, FL 34433
368 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved
Listing Status Active
Purchase Type For Sale
Subdivision Equestrian Estates Unrec
MLS Listing ID OM716776
HOA Y/N No
Annual Tax Amount $852
Lot Size 368.000 Acres
Acres 368.0
Lot Dimensions 2400x2670
Property Sub-Type Unimproved
Source Stellar MLS
Property 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.
Location
State FL
County Citrus
Community Equestrian Estates Unrec
Area 34433 - Dunnellon/Citrus Springs
Zoning RURMH
Exterior
Utilities Available Other
Building
Lot Size Range 200 to less than 500
Sewer Public Sewer, Septic Needed
Water See Remarks, Well Required
Others
Ownership Fee Simple
Membership Fee Required None
Special Listing Condition None
© 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by Elias Kirallah CENTURY 21 J.W.MORTON R.E.