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102Nd Pl Belleview, FL 34420

Sponsored
For Sale
$2,000,000

Prime Multifamily Development Site in Belleview, FL

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional 15.43-acre commercial land parcel presents a remarkable multifamily development opportunity in the thriving city of Belleview, Florida. Located within city limits, this B2-zoned property boasts a strategic position between The Villages and Ocala, offering convenient access to a new Publix supermarket, schools, retail establishments, and restaurants. The site is ideally suited for a substantial multifamily project, with entitlements updated to reflect the original plans for a 166-unit townhouse development. While a 2013 city addition of a "Business District" reduced permitted density to 124 units, the Planning and Zoning department is supportive of increasing the density back to the originally permitted 166 units. The seller is willing to accommodate the necessary time for modifications to achieve this. Infrastructure is already in place, including a completed underground utility system and lift station (re-certified recently). Detailed site plans and architectural plans are available, encompassing eight apartment buildings, a clubhouse, and other amenities. This property represents a rare chance to address the significant need for workforce rental housing in the area, making it an attractive investment with strong potential for substantial returns. The APN is 37012-001-00. The asking price is $2,000,000.

Property Features for 0 102Nd Pl

General Information

Property type
Land
Lot Size
672,131 SF

HighLights

  • $2,000,000 asking price.
  • 15.43‑acre commercial land parcel.
  • B2 zoning.
  • Located in Belleview, FL, Marion County (APN: 37012‑001‑00).
  • Multifamily development opportunity; previously approved for 166 units.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Map

City
Belleview
County
Marion
State
Florida
Longitude
-82.064840057819
Latitude
29.073429926659

FAQs

What type of property is this?
Land - Prime Multifamily Development Site in Belleview, FL
Where is this land located?
The property is located at 102Nd Pl Belleview, FL.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: $2,000,000 asking price.; 15.43-acre commercial land parcel.; B2 zoning.
More about this property
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