Multi-family Development Opportunity

Vacant Land for Sale
Catylist Listing ID: 30766583
Property Subtypes: Multi-Family
Gross Land Area: 1.65 Acres
Sale Price: $2,200,000
Unit Price: $1,333,333 Per Acre
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 10/13/2021

Overview / Comments

The Confluence (the joining of two rivers) is situated on the Beautiful Withlacoochee River, where the Withlacoochee and Rainbow Rivers meet. This property offers the unique opportunity for a Waterfront Multi family development. The site is zoned PUD and has approval by Swiftmud, State of Florida, and Citrus County for a 23 unit waterfront condominium development which includes 12 boat slips. Ideal for owner occupy, vacation rentals, or second home.

Attachments & Media

Additional Details

Nearest MSA: Homosassa Springs
County: Citrus
Tax ID/APN: 18E16S350010 5910
Zoning: PUD
Part of Planned Development?: Yes
Development Name: The Confluence

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 4,116 21,803
Median Age: 48.42 51.26
Households: 1,824 9,483


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