Property
ActiveLand
1/23
$7,146,000

7759 N FREEMANTLE WAY

Dunnellon, FL 34433
0
Beds
0
Baths
0
SqFt
368
Acres
STELLAR
#OM716776
Updated: Jun 23, 2026, 7:53pm

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.
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Property Details

Site & Exterior
Current Use
Unimproved
Flood Zone Code
X
I D X Participation
Yes
Lot Size Acres
368
Lot Size Area
23.5274
Lot Size Dimensions
2400 x 2670
Lot Size Square Feet
1024852
Lot Size Units
Acres
Number Of Lots
3
Public Survey Range
18E
Public Survey Section
29
Road Frontage Type
Access RoadCounty RoadEasement
Road Surface Type
Paved
Sewer
Public SewerSeptic Needed
Total Acreage
200 to less than 500
Utilities
Other
Water Source
See RemarksWell Required
Zoning
RURMH
Zoning Compatible
Yes
Financials
Additional Parcels
Yes
Additional Parcels Description
3312335, 3520142
Calculated List Price By Calculated Sq Ft
6.97
Contract Status Change Date
2026-01-19
Current Price
7146000
Feed Types
BBO
Owner Name
SAAI INC
Ownership
Fee Simple
Parcel Number
18E17S29000014000
Price Per Acre
19418
Public Survey Township
17S
Tax Annual Amount
852.75
Tax Block
14000
Tax Book Number
86
Tax Legal Description
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).
Tax Year
2025
Construction
Building Area Units
Square Feet
Living Area Units
Square Feet

Neighborhood & Lifestyle

Community & Association
M L S Area Major
34433 - Dunnellon/Citrus Springs
Subdivision Name
EQUESTRIAN ESTATES UNREC
Listing provided courtesy of STELLAR via IDX. Updated: Jun 23, 2026, 7:53pm.
Elias Kirallah

Listing Agent

CENTURY 21 J.W.MORTON R.E.

Call Agent