Under contract-accepting backup offers. This 6.92-acre property, zoned Planned Development (PD) for 26 single-family homes, offers a unique investment opportunity in the thriving Valrico market. The combined parcels include 2932 Washington Rd, Valrico, FL (MLS TB8306840) comprising 6 acres, and 509 N Saint Cloud Avenue, Valrico, FL (MLS TB8306834) totaling 0.92 acres. Please note, the owner is not willing to separate the parcels. Several land tests have already been completed, providing a solid foundation for development. The property includes a home built in 1958 with three bedrooms and one bathroom, which has been unoccupied for several years. It remains structurally sound and is connected to an electric source, with potential to hook up to county water. Additionally, the land is equipped with three wells, a septic tank, and an electric pole. This property backs up to well-established communities like Somerset and is adjacent to new developments such as Valri Forest, highlighting the growth potential of the area. Valrico is experiencing a surge in new construction, making it a prime location for developers looking to build in a high-demand area. Its proximity to top-rated schools, retail centers, and recreational facilities adds to the appeal, drawing families and professionals alike. Just minutes from Highway 60 and a short 10-15 minute drive to Plant City, this property offers both convenience and opportunity. The growing demand for new homes in Valrico, combined with its desirable location, makes this land especially attractive to investors. Architectural renderings of the approved planned development, vetted by Hillsborough County, are available for review. Don’t miss the chance to be part of Valrico’s rapid growth and create a standout community in this flourishing market.