965 Candlelight BlvdBrooksville, FL 34601

Property Details for 965 Candlelight Blvd

Lot size

5.98 AC

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional 5.98-acre parcel of land presents a compelling investment opportunity in the thriving Brooksville, Florida market. Located at 965 Candlelight Blvd, this property boasts a prime location at the intersection of US 41 and SR 50, a high-traffic corridor with an impressive 22,500 average annual daily traffic count (AADT). The site is zoned for multi-family development, permitting up to 18 residential units per acre, offering significant potential for a substantial multi-family project. Its strategic position places it within minutes of a wide array of amenities, including Publix, Wawa, Applebee's, Walmart, and Lowe's, ensuring convenient access to shopping, dining, and essential services for future residents. The property is situated between two existing apartment complexes, Candlelight Apartments and Julep Apartments, further highlighting its desirability and potential for strong rental income. The asking price of $1,200,000 translates to approximately $200,669 per acre, representing a compelling value proposition for developers seeking to capitalize on the robust Brooksville real estate market. The area's current rental rates range from $800 to $1,519 per month, indicating strong potential for rental income generation. This property is identified by APN numbers R4221928000000160 & R2842219000000160. This is a rare opportunity to acquire a significant land holding in a rapidly growing area with exceptional potential for high returns.

Location Insight

City

Brooksville

County

Hernando

State

Florida

Latitude

28.544

Longitude

-82.4063

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].