Active

$750,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • 2460 sq ft
Overview
  • ID: MFROM677505
  • Bedrooms:
  • Bathrooms: 0
  • Size: 2460 sq ft
Property Details
Remarks
Offering a prime investment opportunity is a fully operational executive golf course on 30 acres ready for redevelopment in Central, Florida. Located less than 5 miles from the interstate and other major arterial highways the subject property is easily accessible for commuting workforce for a mixed use residential development and also continuing the current golf course operation which has recently received updates. With a complete overhaul of the clubhouse, including the kitchen, dining room, bathrooms, office, party room, and outdoor patio space, has been undertaken from the interior and exterior components such as drywall, insulation, and studs. Additionally, new HVAC units were installed in May 2023. The primary land use of PDR allows for single-family residential, recreational, and some limited commercial/industrial use (with approval of Nursing Homes, Assisted Living Facilities, Veterinarian offices/hospitals, grocery stores, mini warehouses and boat/RV storage). Current demand suggests the highest and best use of the subject property for Multi-Family/Apartments. Desirable zoning with approval by Citrus County would include MDR (Medium Density Residential) allowing up to 8 units per acre with lot coverage percentages of 40% for Single-family detached dwellings, 50% for Single-family attached dwellings, Apartments 60%. ), HDR (High-Density Residential allowing up to 20 units per acre with a lot coverage percentage of 55% ). The opportunity has the potential to develop between 144 and 330 units of apartments.
Financial Considerations
Price:
$750,000
HOA Fee:
N/A
Tax Amount:
$4787.84
Price per SqFt:
$500
Tax Legal Description:
BEGIN AT NE COR OF S1/2 OF SE1/4 OF 2-19-20; TH S 1D 44M 30S E AL E LN OF SD S1/2 OF SE1/4 1339.01 FT TO SE COR OF SEC 2 TH N 89 DEG 42M 32S W AL S LN OF SD SEC 2 920.92 FT TO PT ON E R/ W LN OF S BELLE VIEW WAY & SW COR OF LOT 15 BLK K OF UNREC POIN T O WOODS UNIT 4; TH N 1 DEG 30M 21S W AL E R/W LN 100.25 FT TO NW COR OF SD LOT 15 TH S 82 DEG 07M 04S E AL N LN OF SD LOT 15 152.08 FT TO NE COR OF SD LOT 15 TH N 1 DEG 17M 31S W ALONG E LN OF LOT 14 BLK K 87.52 FT TO NE COR OF SD LOT 14 TH N 28 D E G 00M 56S E AL E LN OF LOTS 13 & 12 BLK K 119.89 FT; TH N 34 DEG 27M 34S E AL E LN OF LOTS 12 11 & 10 BLK K 190.98 FT TO PC OF CURVE CNCV SW'LY HAVING CTRL ANG OF 113 DEG & A RAD OF 175 FT TH N W'LY AL LOTS 10 9 & 8 BLK K & AL ARC OF SD CURVE
Exterior Features
Lot Size:
1308961
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
Common
Roof:
N/A
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
N/A
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Mixed Use
Style:
N/A
Year Built:
1987
Construction Type:
Block, Brick
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    95 S GOLF HARBOR PATH
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