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.
Property Details
Price:
$1,100,000
MLS #:
OM677505
Status:
Active
Beds:
0
Baths:
0
Address:
95 S GOLF HARBOR PATH
Type:
Commercial
Subtype:
Mixed Use
Subdivision:
POINT OWOODS UN 4
City:
INVERNESS
Listed Date:
May 8, 2024
State:
FL
Finished Sq Ft:
2,460
ZIP:
34450
Lot Size:
1,308,961 sqft / 30.05 acres (approx)
Year Built:
1987
Schools
Interior
Cooling
Central Air
Exterior
Construction Materials
Block, Brick
Parking Features
Common
Financial
Buyer Agent Compensation
2%%
Tax Year
2023
Taxes
$4,788
Map
Community
- Address95 S GOLF HARBOR PATH INVERNESS FL
- CityINVERNESS
- CountyCitrus
- Zip Code34450
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Courtesy of CENTURY 21 J.W.MORTON R.E.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Stellar MLS. All rights reserved.
95 S GOLF HARBOR PATH
INVERNESS, FL
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