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DESCRIPTION
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. Don't wait any longer - act now! - The ownership of the property is Fee Simple. - The current zoning allows for a PDP-R of up to 216 units. - The planned future use of the land is Mobile Home/Multi-Family Residential. - Utilities are available on-site for the development of the property. - It is located within an Enterprise Zone, allowing special tax benefits and incentives for businesses that locate there. - According to the latest flood map, the risk of flooding in this area is minimal (Zone X). - A survey and zoning information report have been included in the Due Diligence folder above with CA required to open. - Taking advantage of 25% density bonus availability through the State of Florida gray water act can significantly lower development costs and increase profits from this venture. - Both listing agents are principals in the LLC ownership.,
FEATURES- City BROOKSVILLE
- Country US
- County Or Parish Hernando
- Days On Market 264
- Direction Faces West
- Directions Take S Broad St to MLK Blvd. W. - Head East to Mildred Avenue. Property begins at the NEC of Mildred and MLK Blvd. and covers most but not all of the land between Mildred and Hale Avenues and between MLK and Daniel Ave.
- Heating Yes
- Latitude 29
- List Price 6250000
- Living Area Units Square Feet
- Longitude -82
- Lot Size Acres 14
- Lot Size Dimensions
244 x 1
418 x 466 - Lot Size Square Feet 627605
- Lot Size Units Square Feet
- M L S Area Major 34601 - Brooksville
- Mls Status Active
- On Market Date 2021-06-09 00:00:00
- Original List Price 3780000
- Originating System Name stellar
- Ownership Fee Simple
- Parcel Number R27 222 19 3010 00A0 0010
- Postal Code 34601
- Property Type Land
- Road Surface Type
Asphalt
Paved - Sewer Public Sewer
- Special Listing Conditions None
- Standard Status Active
- State Or Province FL
- Subdivision Name PARSONS ADD TO BROOKSVILLE
- Unparsed Address
MLK BOULEVARD W
BROOKSVILLE FL 34601 - Utilities
Cable Available
Electricity Available
Sewer Available
Underground Utilities
Water Available - Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/stellar/U8126457
- Water Source Public
- Zoning PUD
Zulma Hernandez
LISTING AGENT
Listing Provided by:
Sean Broderick
BRODERICK & ASSOCIATES INC
The multiple listing information is provided by Miami Association of REALTORS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©️2019 Miami Association of REALTORS. All Rights Reserved.
The information provided is 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. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
