Oversized Multi-Family Lot

Vacant Land for Sale
Catylist Listing ID: 30561912
Property Subtypes: Multi-Family, Other
Gross Land Area: 1.60 Acres
Sale Price: $169,000
Unit Price: $105,625 Per Acre
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 9/8/2020

Overview / Comments

This oversized 1.60 acre corner lot is zoned PDP (MF), Planned Development Project (Multi-Family). The Spring Hill Master Plan allows for a max of 30 units to be developed at this location. The site is located just 1 block east of Mariner Blvd., a busy north-south secondary road, between Chalmer St. and Portillo Rd. Ideal location for a multi-unit residential investment.

1.6 acre Corner Lot
Zoned PDP Multi-Family
Dense residential neighborhood
Located 1 block east of Mariner Blvd.

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Hernando
Taxing Authority: Hernando County
Tax ID/APN: R32 323 17 5160 0979 0030
Zoning: PDP (MF)
Property Located Between: Chalmers St. & Portillo Rd.
Property Visibility: Excellent
Zoning Description: Planed Development Project (Multi-Family). The Spring Hill Master Plan allows for a maximum of 30 units to be developed at this location.The planned development project (PDP) is a specialized zoning district which provides a level of density and/or intensity, and a list of permitted uses.
Part of Planned Development?: Yes

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,829 67,785 119,631
Median Age: 39.87 44.29 47.79
Households: 3,524 26,968 49,806
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