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Listed by Andrew "Andy" Ponticos • The Andrews Group Real Estate
$ 7,558,000
Est. payment | /mo
37.79 Acres Lot
$ 7,558,000
Est. payment | /mo
37.79 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Sugarmill Woods - Oak Village
MLS Listing ID 771967
HOA Y/N No
Annual Tax Amount $4,607
Tax Year 2017
Lot Size 37.790 Acres
Acres 37.79
Property Description
Explore the opportunities to discover your next great investment on Juan Ponce de Leon Highway nearby the new luxury resort and residential development at Giovanni John Caboto - Cabot Citrus Farms. Imagine a walkable European inspired village with shoppes, dog parks, sitting areas, cafes, pubs, restaurants, offices and apartments to enhance the lives of locals and visitors alike. Reviewing best performing stocks on the S&P 500 and other indexes shows companies that may thrive at this location such as Texas Roadhouse, Starbucks, Chipotle, Target, Cheddar's, Cheesecake Factory, and more. Commercial and multi family vacant land that will benefit from the new Florida Live Local Act in place July 1, 2023. Well Positioned and Consumer Demand for Town Square Multi Use Development Centered around a Astro Turf Park and Movie Theater, Restaurants, Shops, Apartment and Townhomes. Pictures show examples. INCOMEparable Prime Vacant Land in west central Florida for Commercial Master Planned Development. Commercial corner intersection of U.S. highway 19/98 Corridor. 37.79 +/- acre parcel suitable for most commercial & multifamily uses. 10 acres already entitled for high density luxury multi family. Set in the center of the Nature Coast where the traffic counts and Population are Growing Exponentially. The highly visible and accessible "Landmark Location" and "Monetizing Value" here is exceptional. GNC zoning is fully in place. Located at Sugarmill Woods and the Gateway to both Citrus and Hernando counties. Great access and road frontage on 3 sides. 1-80 +/- acres. $199,000 per acre. 4.8 miles to the Suncoast Parkway, FL-589 toll. Population in 10 miles approximately: 50,000, 20 miles: 425,000, 50 miles: 3,500,000
Location
State FL
County Citrus
Area 22
Zoning GNC
Interior
Fireplace No
Exterior
Water Access Desc Public
Building
Lot Description Acreage
Sewer Public Sewer
Water Public
Others
Tax ID 3305736
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Learn More About LPT Realty
Alice Ratliff
Agent | License ID: SL3602466