Listing IDW7805998
Price$1,828,500
StatusActive
Acres 30.300
CountyHernando
Year Built2018
Property TypeBusiness Opportunity
Property Sub TypeUnimproved Land
THIS TRACT CONSISTS OF 3 PARCELS TOTALING 74.6 ACRES. HAS BEEN APPROVED FOR 111 LOTS. PROPERTY IS LOCATED ON HOPE HILL RD. OFF HWY 50 (CORTEZ BLVD) , CITY OF BROOKSVILLE. FL. PROPERTY HAS FULL SET OF PLANS FOR DEVELOPMENT, MOST OF THE PREREQUISITES HAVE ALREADY BEEN MET. SELLER PREFERS A CASH “AS-IS” SALE, HOWEVER, WILL ENTERTAIN A JOINT VENTURE. SHOULD APPROVED PLANS EXPIRE, AND NO CHANGES ARE MADE, THE CITY AGREED TO REINSTATE. ANY CHANGES MADE IN THE DEVELOPMENT WOULD HAVE TO GO BACK IN FRONT OF THE PLANNING DEPT. THE HOPE HILL ENTRANCE WAS DESIGNED AND APPROVED AS AN EMERGENCY ENTRANCE. WOULD NEED TO GO BACK TO CITY COUNCIL FOR A PUBLIC HEARING TO USE AS PRIMARY ENTRANCE. THE PLANS FOR THE DESIGNATED MAIN THROUGH-WAY, GOVERNOR’S BLVD. (AND EXTENSION) CALLS FOR THE CONSTRUCTING OF 2 OF THE 4 LANES AND EXTEND THE UTILITIES TO SITE. THE CITY HAS AGREED TO PAY AND DEVELOP THE OTHER 2 LANES OF GOVERNOR’S BLVD. SELLER CAN PROVIDE A SITE-WORK PRICE AS PART OF THE CLOSING IF BUYER DESIRES. 53PG INFORMATION PKG IS AVAILABLE UPON REQUEST. CLOSE TO ALL AMENITIES, SHOPPING, SCHOOLS, ETC. IN CLOSE PROXIMITY TO I-75 INTERSTATE. CLIFF MANUEL WITH COASTAL ENGINEERING, CONCLUDES THAT HERNANDO COUNTY IS OK WITH 50’ LOTS. AND THE CITY OF BROOKSVILLE IS HAPPY WITH ANYTHING THAT WILL STIMULATE GROWTH, MEANING, THEY WOULD SUPPORT 50’ LOTS AS WELL. EVEN THOUGH YOU CAN REZONE TO 50’, THERE WILL BE MANY CHALLENGES TO DESIGN A 50’ LOT WITH 5’ SIDE YARD SETBACKS DUE TO THE ELEVATION CHANGES ON THE PROPERTY.
Listing information courtesy of Southland Properties Group Ii.

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#IDX-primaryPhoto,#idx-details-headerListed by: Southland Properties Group Ii 352-600-8543

Contact - Listing ID W7805998


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John Horan

216, S 5th St
Flagler Beach, FL 32136
Phone: 5613467355
Data services provided by IDX Broker

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