0 Daniel Ave Brooksville, FL 34601
This exceptional 14.408-acre parcel in Brooksville, Florida, presents a remarkable investment opportunity. Currently zoned PDP-R (Planned Development Project - Residential), it offers approval for 216 residential units, significantly streamlining the development process. A recent zoning change and parcel assemblage further enhance its potential for multi-family development, requiring only site plan approval. The property boasts a fee simple ownership, is located within a qualifying census tract (405.01), and benefits from its position in an Enterprise Zone, unlocking special tax benefits and incentives. On-site utilities are readily available. A detailed survey and zoning information report are accessible. The minimal flood risk (Zone X) adds to its appeal. The asking price is $4,275,000, translating to $296,710 per acre. Leveraging the Florida Gray Water Act could potentially increase density by up to 25%, maximizing returns. This property is being offered for sale by owner and presents a unique chance to capitalize on a pre-approved development project. The parcel number is 00149020. The property was recently re-listed after a previous buyer was unable to secure financing.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.