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Property profile & analytics
FOR SALE
Recreation land

5178 Boynton Cutoff Rd Vernon, FL 32462

4,358 SF Built 1996
Property ID
US19-0387018
Property summary
AI-generated overview

Truly incredible development opportunity. 28 beautiful acres with 800' of riverfront. A 5,000 sq ft previous restaurant and entertainment venue. Separate outdoor stage for your live shows. Boat canoe and Kayak ramp into the river with a 35 minutes paddle to Morrison Springs. Surrounded by water management in all directions. Prior to Hurricane Michael it was an active restaurant with a beer and wine bar that hosted many concerts and festive gatherings. The property owner has moved forward with laying out all water and sewage infrastructure for up to 130+ RV spots as well as individual waterfront homesites if that's what you choose. The direction of completed development can vary in multitude of ways depending on new owners. Do not miss out on this rare and unique opportunity. The sale consists of parcels to include

Property profile
Verified
Property type Recreation land
Year built 1996
Total area 4,358 SF
UPID US19-0387018
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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