5178 Boynton Cutoff Rd Vernon, FL 32462
For Sale
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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
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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