Current Use by Public Records
- Land
Property Details for 0 Village Center Dr
- Lot size
- 49.00 lot acres
- Property type
- Land
Description
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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Homosassa
- County
- Citrus
- State
- Florida
- Longitude
- -82.5339
- Latitude
- 28.7153
