0 State Hwy 40 Inglis, FL 34449
This exceptional 51-acre parcel presents a unique opportunity to develop a luxury residential community on the Withlacoochee River in Inglis, Florida. Boasting over 1,700 feet of pristine river frontage, this Class A property is ideally situated for eco-conscious buyers seeking a tranquil riverfront lifestyle. The site is conveniently located just east of US 19, providing easy access to nearby amenities such as grocery stores and restaurants. Currently zoned for one home per five acres, this land offers the potential for approximately 200 residential units or pads, with an asking price of $1,500,000 ($7,500 per unit/pad). The property's location on one of Florida's most beautiful rivers, just north of Crystal River, offers unparalleled natural beauty and recreational opportunities, including kayaking and exploring the historic waterway. This is a rare chance to create a truly special residential development in a highly desirable location on Florida's Nature Coast. The property is offered with full title ownership. The site's natural beauty and convenient location make it an exceptional investment opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.