, BROOKSVILLE, FL 34601
$5,500,000
Residential Lots Taxes: $3,823.00 Type: Residential Listed on 02/13/2019 MLS # R4901495

Description of , BROOKSVILLE, FL 34601

SINGLE AND MULTIFAMILY DEVELOPMENT OPPORTUNITY! Offering this 88.13 Acre land parcel that has been approved for rezoning to CPDP by Hernando County. Planned for a 263 unit combined single family and Multifamily housing development. Single family lots are mix of 6600sf and 1 acre lots. Has nearly 800 feet frontage and entry on SR 50 (Cortez Blvd) just east of Downtown Brooksville, FL. This parcel has rolling hills, open meadows and a nice mix of trees. The 88.13 acres includes 71.60 acres from Parcel #R25 422 19 0000 0530 0060 plus 16.53 acres split from adjoining parcel #R36 422 19 0000 0030 0000. Need more land? An additional 378.17 acres of adjoining land zoned AG (Agriculture) is also available (All or Part). Comprised of parcels with 151.40 acres, 127.77 acres and 3.70 acres abutting the 88.13 acre development land. Another 41.90 acres, 29.10 acres, 13.90 acres and 10.40 acres abutting the 151.40 acre parcel offer direct frontage onto 2 lane paved Emerson Road. Note: There is a newer single family home with swimming pool on this property along with remains of older farm buildings. These will remain and will need to be removed by Buyer during development of the land. Selling this property as-is.

Features of , BROOKSVILLE, FL 34601

Lot

  • Frontage: 796
  • Lot acreage is: 88.13
  • Lot dimension is: ODD

Interior

  • Cable television available

Other

  • Tax year: 2018

Mortgage Payments for , BROOKSVILLE, FL 34601

The approximate monthly Principal & Interest payment for this property would be $25,135. This payment is based on a 30-year loan at a fixed rate of 4.41 % with a down payment of $550,000. Actual lender interest rates and loan programs may vary.

Use our Mortgage Payment Calculator to determine a more exact payment estimate.