0 Village Center Dr Homosassa, FL 34446

Exceptional investment opportunity: 49-acre residential development in Sugarmill Woods, Florida, encompassing 99 entitled single-family home lots. This premier property, located off US 98 near Cabot Citrus Farms, offers two distinct acquisition options. Option 1 allows for the purchase of all 99 lots. Option 2 involves acquiring 64 interior lots (priced at $1,700,000) for development, either independently or through partnerships with builders. The development features 35 expansive perimeter estate lots (approximately 115' x 155'), boasting extra-wide and deep setbacks, paved roads, and readily available utilities. The remaining 64 interior lots measure 65' x 100' or larger, situated around two cul-de-sacs. All 99 lots are situated adjacent to a natural wooded buffer, providing a tranquil setting. The property is zoned for 95 single-family lots, with county approval for an additional four units. Infrastructure is in place, allowing for a swift transition to building permits and immediate commencement of construction. This turnkey development presents a unique chance to capitalize on the thriving real estate market in this desirable Florida location. The property is situated in Citrus County, Homosassa, FL 34446, near the Village Center Dr.