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.
County
Hernando
Property Sub Type
Unimproved Land
Property Type
Business Opportunity
Year Built
2018
Cooling Type
Other
Construction Materials
Other
Lot Size SqFt
1319868
Lot Size Square Meters
122620
Road Frontage Type
County Road
Total Acreage
50 to less than 100
Water Access
no
Water Extras
no
Water View
no
Waterfront
no
Country
US
Flood Zone Code
X
Flood Zone Panel
12053C0194D
MLS Area Major
34601 - Brooksville
Number Of Lots
3
Township
22
Com Transaction Type
Business Opportunity
Current Price
1828500.00
Special Listing Conditions
None
Tax Annual Amount
302
Tax Book Number
992-1586
Tax Year
2017
Listing information ©My Florida Regional MLS DBA Stellar MLS 2023. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Data last updated on Friday, March 24th, 2023 at 03:32:14 PM.
Contact - Listing ID W7805998
John Horan
216, S 5th St
Flagler Beach, FL 32136
Phone: 5613467355
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