John Wesley White - Coldwell Banker MM Parrish
1550 SW 188 Street
Newberry, FL 32669

Description

This is a Shovel Ready development opportunity, consisting of 131 acres with full approvals for 29 estate homesites with an average size of 3 acres. The zoning, PRRD, provides for a density of 1 home/ 5 acres, so approx. 2 acres of open space is provided per lot. There are also currently 5 homesites Seller owns in Ph. 1 available for purchase and full Developer rights will transfer at closing of the sale. Ph. 1 consists of a beautiful 18 homesite gated community. There is 1.3 miles of paved trail surrounding Ph. 1 and about 2 miles to be added in Ph. 2. In Central Park, The Lodge at Dylans Grove provides a focal point of social activities in the community and a full lap lane length pool. Please note that the Seller intends to do a 1031 tax deferred exchange at the closing and timing for the closing will need to coincide with Sellers 1031.

Details

MLS#411152
Sub-TypeResale
StatusActive
Days On Site272

Features

ZoningPRRD
Acreage131.00

Market Activity 32669

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Area Information

StateFL
CountyAlachua
CityNewberry
Zip Code32669
Listing VS Median (in 32669)
Price:
$2,950,000
low | high
Med:
$272,900
100% of Average
On Site:
272
low | high
Med:
65
100% of Average
Listing Updated: 10/17/2018
MLS Number: 411152
Listing Provided By:
Michael Steinberg  of  Prestige Equity Management Inc.
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