14.4 Acres Approved For 216-Unit Multi-Family
Get in on an amazing opportunity near Brooksville, FL: 14.408 acres with 216 residential units via current PDP-R (Planned Development Project - Residential) zoning, plus a recent zoning change and parcel assemblage allowing for multi-family development - all requiring only site plan approval! Parcel number is 00149020. The property has been recently put back on the market after prior buyer was unable to pursue FHFC loan commitments. Don't miss out - take advantage of this great offer now! Use the FL Gray Water Act to potentially increase density up to 25% and capitalize on this investment opportunity. Owner may consider partnership with experienced developer. Don't wait any longer - act now!
Financials (USD)
Net Operating Income (Annual) $0
Asking Price $6,250,000
Cap Rate 0%
Additional Details
Street Address West Doctor Martin Luther King Junior Boulevard
Suite/Unit Number 0
Building Area 0.00 Square Feet
Land Area 14.00 Acres
Zoning PDP-R (216 units)
Deal Terms
Who is Listing the Property? Real Estate Broker
Broker Co-Op? Yes
Seller Financing Available? Available On Request
Seller Willing To Lease? No
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