Princeton, FL Residential land & home lots for sale

Updated: May 22

Permit-Ready Multifamily Development Site

12850 Southwest 248th Street, Princeton, FL 33032

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68,825 sqft 1.58 AC lot

Permit‑ready 25‑unit multifamily development site.
Strong proof of concept with Phase I at 95% leased and Phase II actively absorbing 14‑16 units per month.
Located in a growing area with strong demographics: +16% population growth since 2020 and a median household income of $74,500.
Favorable PCUC zoning with R‑Edge classification and 18 du/ac density.
Offered at $40,000/unit, potentially capturing approximately $10,000/unit in embedded savings.

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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Princeton, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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Princeton, FL Residential Land & Home Lots for Sale

12850 Southwest 248th Street, Princeton, FL 33032