Property Attributes
- MLS#OM677505
- TypeCommercial
- CountyCITRUS
- CityINVERNESS
- AreaInverness
- NeighborhoodPoint Owoods Un 4
- Zip34450
- StyleMixed Use
- Year Built1987
- Taxes$ 4787
- Price$ 1,100,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage2460
- Lot Size30.05 Acres
Data Source:
Stellar MLS
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.
Price History | |
---|---|
5/8/2024 | Listed $1,100,000 |
General Features
Sewer | Public Sewer |
---|---|
Cooling | Central Air |
Zoning | PDR |
Construction Materials | Block,Brick |
Year Built | 1987 |
Property SubType | Mixed Use |
Tax Year | 2023 |
Percent Ownership | Corporation |
County | Citrus |
New Construction | No |
Property Type | Commercial Sale |
Subdivision Name | POINT OWOODS UN 4 |
Status | Active |
Directions | Located directly off S Golf Harbor Path in Inverness,FL. |
City | INVERNESS |
Buyer Agent Compensation | 2% |
MLS Area | 34450 - Inverness |
Lot Size Square Feet | 1308961 |
Waterfront Y/N | No |
Street Name | Golf Harbor |
Tax Annual Amount | 4787.84 |
Property Condition | Completed |
Public Remarks | 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 |
Virtual Tour | https://www.propertypanorama.com/instaview/stellar/OM677505 |
Days on Market | 1 |
Standard Status | Active |
Tax Lot | 13 |
Legal Description | BEGIN AT NE COR OF S1/2 OF SE1/4 OF 2-19-20; TH S 1D 44M 30S E AL E LN OF SD S1/2 OF SE1/4 1339.01 FT TO SE COR OF SEC 2 TH N 89 DEG 42M 32S W AL S LN OF SD SEC 2 920.92 FT TO PT ON E R/ W LN OF S BE |
Water Access Y/N | No |
Water View Y/N | No |
Interior Features
Total Stories | 1 |
---|---|
Air Conditioning Y/N | Yes |
Street Suffix | PATH |
LivingAreaSource | Public Records |
Living Area Units | Square Feet |
Exterior Features
Parking Features | Common |
---|---|
Water Source | Public |
Lot Size Area | 30.0496 |
Foundation Details | Slab |
Number of Buildings | 1 |
Building Area Total | 1500 |
Lot Dimensions | 1014 x 1435 |
Lot Size Acres | 30.05 |
Road Surface Type | Paved |
Lot Size Units | Acres |
Road Frontage Type | Access Road |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool