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Hawkins-Poe Corporate

info@hawkinspoe.com +1(253) 274-8981

$ 375,000

Est. payment | -/mo

5.53 Acres Lot

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$ 375,000

Est. payment | -/mo

Save Virtual Tour

5.53 Acres Lot

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Monterey Village Rev

MLS Listing ID G5036526

HOA Y/N No

Annual Tax Amount $2,931

Tax Year 2019

Lot Size 5.530 Acres

Acres 5.53

Lot Dimensions 323x545x356x210x509

Property Description

PRIME DEVELOPMENT PROPERTY ATTENTION INVESTORS & DEVELOPERS IDEAL MULTIFAMILY, SINGLE FAMILY OR MIXED USE. TWO DEVELOPMENT OPPORTUNITIES NEAR HWY 35 & HWY 40 IN SILVER SPRINGS REDEVELOPMENT DISTRICT. CORNER 5.53 AC PARCEL ZONED R3. IDEALLY SITUATED CLOSE TO WALMART, ALDI, OUTBACK, BOB EVANS, POST OFFICE, DAIRY QUEEN, DARRYL'S, WALMART, LOWES, MOJO'S, MUSEUM, PUBLIX & MULTIPLE SHOPPING CENTERS. WATCH VIDEO PROPERTY TOUR WITH SURROUNDING AREAS DEPICTED. ~ 5 MILES FROM DOWNTOWN OCALA. OPTION A: 55 PLUS 50 UNITS DESIGNED AS 2 BED /2 BATH UNIT COMMUNITY TO BE CONSTRUCTED IN ACCORDANCE TO SILVER SPRINGS REDEVELOPMENT PLAN OF MARION CO FL. (DEVELOPER'S AGREEMENT ATTACHED IN DOC TAB) CONSTRUCTION TO COMPLY WITH FLORIDA VENACULAR ARCHITURE REQUIREMENTS, 50 UNITS COMPRISED OF 12 QUAD BLDG AND 1 DUPLEX BLDG. BONUS OPTION TO ADD 10 ADDITIONAL UNITS WITH THE PURCHASE OF 10 PROPERTY CREDITS FOR A TOTAL OF 60 UNITS. ADD'L UNITS REQUIRE REZONING FROM R3 TO PUD REQUIRED. COMPRISED AS 15 QUAD BLDGS FOR 60 UNITS.. OPTION B: 88 UNIT TOWNHOMES DEVELOPMENT (16 UNITS PER AC DENSITY) . REQUIRES VACATING EXISTING DEVELOPER'S AGREEMENT TOGETHER WITH APPROVAL PROCESS. MARION CO PROP APPRAISER PROVIDED DEMS AS: 323' X 545' X 356' X 210' X 509'. MARION CO BLDG & ZONING INDICATED PROPERTY IS FLOOD ZONE X. PROPERTY INCLUDES AN EXISTING FREE STANDING STRUCTURE OF NEGLIGENT VALUE NOT WARRANTED. THE BLDG WOULD HAVE TO BE DEMOLISHED & REMOVED FOR DEVELOPMENT. VARIOUS GRANTS ARE AVAILABLE TO SUPPORT PROPERTY DEVELOPMENT. BUYER TO PERFORM THIER OWN DUE DILIGENCE TO VERIFY INFORMATION & SUITABLILITY. INFORMATION DEEMED ACCURATE BUT NOT WARRANTED. PROJECT PACKAGE INCLUDING INFORMATION AVAILABLE BY SEPARATE FEE. WITH A TEAM READY TO COMPLETE EITHER DEVELOPMENT PROJECT.

Location

State FL

County Marion

Area 34488 - Silver Springs

Zoning R3

Body of Water Public

Exterior

Fence Chain Link

Utilities Available BB/HS Internet Available, Electricity Available, Public, Sewer Available, Water Available

Street Surface Paved

Building

Lot Description Buildable, In County, Paved

Lot Size Range 5 to less than 10

Sewer Public Sewer

Water Public

Others

Tax ID 24080-001-00

Ownership Fee Simple

Acceptable Financing Cash

Virtual Tour 2 https://youtu.be/mwLHycip1zw

Disclosures Other Disclosures

Listing Terms Cash

Special Listing Condition None

Virtual Tour https://youtu.be/mwLHycip1zw

Listed by WHITE PELICAN REALTY, INC.

Nearby Locations

Hawkins-Poe Corporate

License ID: 9531

+1(253) 274-8981 | info@hawkinspoe.com

2811 NE 52ND COURT Silver Springs, FL 34488

Hawkins-Poe Corporate

Key Details

Location

Exterior

Building

Others

Nearby Locations

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2811 NE 52ND COURT