$ 750,000
95 S GOLF HARBOR PATH Inverness, FL 34450
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$ 750,000
Est. payment | /mo
2,460 SqFt
$ 750,000
Est. payment | /mo
2,460 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 2,460 sqft
Price per Sqft $304
Subdivision Point Owoods Un 4
MLS Listing ID OM677505
HOA Y/N No
Originating Board Stellar MLS
Year Built 1987
Annual Tax Amount $4,787
Lot Size 30.050 Acres
Acres 30.05
Lot Dimensions 1014x1435
Property Description
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.
Location
State FL
County Citrus
Community Point Owoods Un 4
Zoning PDR
Interior
Cooling Central Air
Exterior
Garage Common
Utilities Available Public
Waterfront false
Parking Type Common
Building
Story 1
Foundation Slab
Lot Size Range 20 to less than 50
Sewer Public Sewer
Water Public
Structure Type Block,Brick
New Construction false
Others
Ownership Corporation
Special Listing Condition None
© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by CENTURY 21 J.W.MORTON R.E.
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Sharon D. Cowie
Real Estate Advisor - Broker Associate | Lic# BK3358410