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23+ Acre Multi-Parcel Investment Opportunity - 4 Residences + Development Land in Growing Land O' Lakes, Florida. A truly rare opportunity to acquire 23+ acres of versatile land in Pasco County, comprised of 5 unique parcels, including 4 income-producing residences and a vacant lot with a pond. Strategically located with road frontage on Ehren Cutoff/CR 583 and convenient access to major thoroughfares. This exceptional offering includes essential infrastructure such as wells, septic systems, and electrical hookups, making it primed for immediate use and future development. Nestled in a region experiencing steady residential and commercial growth, this property is ideally suited for investment, development, or private estate use. Included in the Package are the following Parcel Addresses: 22839 Bungalow Lane; 22838 Bungalow Lane; 22924 Bungalow Lane; 22939 Bungalow Lane; Vacant lot with pond; Highlights: 23+ acres spread across 5 parcels. Zoned: Agricultural Residential. No HOA. No CDD. 4 residences currently on site-perfect for rental income, multi-family living, or future redevelopment. Unimproved land ideal for residential subdivisions, commercial enterprises, or recreational facilities. Gorgeous natural landscape with trees, native plants, and a private pond. Area supported by strong regional growth trends and increasing housing and commercial demand. Existing infrastructure in place: wells, septic systems, electricity. Whether you're a developer, investor, or someone dreaming of a large family compound surrounded by nature, this property delivers flexibility and future value in one of Pasco County's fastest-growing areas. Showings by appointment only.

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Listed by Paula Kriss of BHHS FLORIDA PROPERTIES GROUP (727-799-2227)

Listings courtesy of StellarMLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of May 15, 2026 7:36 PM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

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