For Sale
$4,275,000

0 Daniel AveBrooksville, FL 34601

14 Acres, 216 Units Approved

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 14.408-acre parcel in Brooksville, Florida, presents a remarkable investment opportunity. Currently zoned PDP-R (Planned Development Project - Residential), it offers approval for 216 residential units, significantly streamlining the development process. A recent zoning change and parcel assemblage further enhance its potential for multi-family development, requiring only site plan approval. The property boasts a fee simple ownership, is located within a qualifying census tract (405.01), and benefits from its position in an Enterprise Zone, unlocking special tax benefits and incentives. On-site utilities are readily available. A detailed survey and zoning information report are accessible. The minimal flood risk (Zone X) adds to its appeal. The asking price is $4,275,000, translating to $296,710 per acre. Leveraging the Florida Gray Water Act could potentially increase density by up to 25%, maximizing returns. This property is being offered for sale by owner and presents a unique chance to capitalize on a pre-approved development project. The parcel number is 00149020. The property was recently re-listed after a previous buyer was unable to secure financing.

Highlights

  • Fee simple ownership.
  • PDP-R zoning allows for up to 216 residential units.
  • Located in Qualifying Census Tract 405.01.
  • Planned for mobile home/multi-family residential use.
  • On-site utilities available.
  • Situated in an Enterprise Zone, offering tax benefits and incentives.

Property Details for 0 Daniel Ave

Property type
Land
Lot Size (sq. ft)
627,612 SF

Location Insight

City
Brooksville
County
Hernando
State
Florida
Latitude
28.545283944379
Longitude
-82.394541611246
Daniel Ave, Brooksville, Florida

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0 Daniel Ave
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