Now available is a 30.05 acre golf course with tremendous redevelopment potential in Inverness, Florida. Located at the county seat, less than 23 miles from Crystal River, and under 5 miles from downtown Inverness, this property has an easy commute to I-75 in just 12 miles . The primary land-use of PDR allows for single-family residential, recreational, and some limited commercial/industrial use (with approval: Nursing Homes, Assisted Living Facilities, Veterinarian office/hospitals, grocery store, mini warehouse 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 dwelling, 50% for single-family attached dwelling, and 60% for apartments ) and 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 unit apartments. Citrus County is located on the West Central coast of the U.S. State of Florida, home to 155,582 residents with a growth rate of 1.29% in the past year, according to the most recent U.S. census data. Get in on this amazing opportunity in an emerging market! Just 1 hour and 15 mins from the Tampa Saint-Petersburg MSA, the 18th largest metropolitan area in the United States.

General Information

Bedrooms: NULL
Total Square Feet: 1308961.00 Sq. Ft.
Price: $818000.00
Property Type: Land
Bathrooms: 0
Lot Size: 30.0500 Acres
Year Built: NULL
Style: NULL