Commercial Sale · Mixed Use
0 DREXEL ROAD, LAND O LAKES, FL, 34639
Active658 days on marketListed Oct 18, 2024MLS #TB8312431
About this property
The property at a glance
Pre-Construction. To be built. Permitted and ready. Welcome to this prime vacant land parcel ready for infill on this 6.7 acre lot, with ZONING: MFR2 (18 units each acre); FLOOD ZONE X. Surrounded by development, what could be stylish and beautifully modern 69-unit Condominium on Drexel Rd. This proposed 2 story Multi-Family product will be built around luscious greenspaces. Just minutes from restaurants, retail and schools. Conveniently located in the heart of Land O' Lakes, near the intersection of Lake Patience Rd. and Land O' Lakes Blvd (U.S. Hwy. 41).
57,000
Building sq ft
$57
Price / sq ft
6.71
Lot acres
2025
Year built
29
Buildings
MF2
Zoning
Mixed Use
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$15,177/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Jillian to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
31,118
Population
$99,959
Median income
40.8
Median age
2.92
Avg household
$361,100
Median home value
$1,949/mo
Median rent
3,955
Households w/ kids
Recent sales
What actually sold near 0 DREXEL ROAD
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$18,000
1635 DALE MABRY HIGHWAY
Sold Mar 9, 2026
$21,600
3945 AMERICAN PLAZA BOULEVARD
Sold Nov 22, 2024
$18,000
1635 DALE MABRY HIGHWAY
1,300 sqft · $14/sqft · Sold Mar 24, 2026
Your team
The pros in your corner
Your agent
Jillian Kobylesky
REALTOR® · CENTURY 21 Edge
Tours, offers, and every question about 0 DREXEL ROAD — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 0 DREXEL ROAD.
See it in person
Schedule a tour
Live availability from Jillian's calendar — pick a time and it's booked.
Listing courtesy of RUSSELL ADAMS REALTY INC · Cody Adams. MLS #TB8312431.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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