Somerset Bay (Spring Hill, FL)_Property for Sale
Somerset Bay (Spring Hill, FL)_Property for Sale
Bay Dr, Spring Hill, FL 34608, USA, Spring Hill, FL, 34608, US

Somerset Bay (Spring Hill, FL)

Asset description

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to present Somerset Bay (“the Property”), a 144-home, build-to-rent ("BTR") forward sale investment opportunity located in Spring Hill, FL, a flourishing Tampa Bay suburb that has experienced impressive population growth of 24% from 2010 to 2024. Somerset Bay offers spacious residences with 3, 4, and 5-bedroom options, each featuring a two-car garage and private fenced yard. The homes boast high-end interior finishes and are constructed with durable solid concrete blocks. The Property represents one of 3 phases within the broader Somerset Bay community, which will encompass 1,750 homes and a central amenity area offering a pool, clubhouse, dog park, playground, and pickleball courts. Situated in Tampa Bay, the crown jewel of Florida's West Coast, the property benefits from its prime location in this rapidly developing region. Residents will appreciate the convenient access to major employment hubs along via the nearby US-19 highway and Suncoast Expressway. Given its premium features, superior construction quality, and sought-after location in a thriving area, Somerset Bay is perfectly positioned for significant appreciation and future growth potential.

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Attributes

Units
144
Year built
2025
Rentable area
24,011 sm

Media

Investment highlights

  • Spring Hill's central location make it an appealing hub for both residents, small businesses, and major corporations
  • Part of larger master-planned community, which will include 1,750 homes and central amenity offering available to residents
  • Significant discount to nearby retail homes which are selling for $650K+
  • Premium product type, offering 3-, 4-, and 5-bedroom detached homes built by the nation's largest homebuilder, DR Horton
  • Remarkable population growth, Pasco-Hernando counties are estimated to welcome150,000 new residents by 2029, which translates to nearly 600 per week
  • Immediate access to prime retail and medical including nearby shopping centers and Tampa General Hospital Spring Hill
Somerset Bay (Spring Hill, FL) 4_Property for Sale
Somerset Bay (Spring Hill, FL) 4_Property for Sale

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Somerset Bay (Spring Hill, FL) (0 Properties)

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Last updated
Apr 29, 2025