Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
2008
Sq.Footage
1,540
Located along Highway 27, this 6.03-acre property has waterfrontage on Lake Grassy. It offers significant development potential with existing infrastructure in place for residential expansion. The property includes a 9-unit complex: five single-story units (2 beds, 2 baths, approximately 1,540 sq. ft. living space) and four two-story units (3 beds, 2.5 baths, about 1,534 sq. ft. living space). Completed in 2008, Phase 1 is finished. Phase 2 proposes constructing 42 additional 3-bedroom, 2.5-bath units, each about 1,565 sq. ft. of living space. The design and the size of units can be modified to meet your needs. All necessary infrastructure, including paved roads and utilities, is ready, making this a shovel-ready project. Proposed plans for the new units are included, along with a wastewater management permit valid through 2029. The site also provides space designated for a community pool. This property provides a fully prepared development site with existing income units, without zoning changes or significant infrastructure costs. Its highway frontage, water access, and ready-to-build status make it an attractive option for developers or investors seeking immediate development potential.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Central
Exterior
-
Garage
No
-
Construction Materials
Concrete
-
Other Exterior Features
Balcony, Lighting, Rain Gutters, Dock
-
Parking
Driveway, Guest, Open
-
Patio and Porch Features
Patio, Rear Porch
-
Pool
No
-
Waterfront YN
YES
-
View
Canal, Lake, Water
Area & Lot
-
Lot Features
Irregular Lot, Landscaped, Paved, Waterfront
-
Lot Size(acres)
6.03
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
Price
-
Sales Price
$2,999,000
-
Tax Amount
3373.81
-
Sq. Footage
1, 540
-
Price/SqFt
$1,947
HOA
-
Association
NO
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Foundation Details
Slab
-
Ownership
Fee Simple
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
20
-
Water Source
Public
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Location
County
Highlands
Elementary School
Middle School
High School
Listing Courtesy of Lazaro Martinez , HAMMOCK REALTY LLC
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