0 Old Bradenton RdWauchula, FL 33873

This exceptional 51.4-acre parcel in Wauchula, Florida (33873), presents a compelling investment opportunity. Located on Old Bradenton Rd, just north of Lost Acres Drive, this property boasts an R-3 zoning designation, permitting up to 12 units per acre. A site plan has already been approved for the construction of 457 one- to three-bedroom units, making this an ideal development project. The asking price is $795,000, translating to an incredibly low price per unit. Adding to its appeal, the land currently functions as an active orange grove, generating an annual income of $40,000-$50,000. Situated in the heart of Wauchula and Hardee County, this property benefits from its central location and high demand for low-income housing in the area. Access is via Route 17 to Bradenton Road, then west to Old Bradenton Road. This is a rare chance to acquire a large, centrally located parcel with significant development potential and existing income generation. The property's strategic location and approved site plan make it a truly exceptional investment opportunity.