$1,828,500
0 HOPE HILL RD Brooksville, FL 34601
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$1,828,500
Est. payment /mo
30.3 Acres Lot
Active
0 HOPE HILL RD Brooksville, FL 34601
UPDATED:
10/10/2023 07:37 PM
Key Details
Property Type Commercial
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID W7805998
HOA Y/N No
Originating Board Stellar MLS
Year Built 2018
Annual Tax Amount $302
Lot Size 30.300 Acres
Acres 30.3
Property Description
THIS TRACT CONSISTS OF 3 PARCELS TOTALING 74.6 ACRES. HAS BEEN APPROVED FOR 111 LOTS. PROPERTY IS LOCATED ON HOPE HILL RD. OFF HWY 50 (CORTEZ BLVD) , CITY OF BROOKSVILLE. FL. PROPERTY HAS FULL SET OF PLANS FOR DEVELOPMENT, MOST OF THE PREREQUISITES HAVE ALREADY BEEN MET. SELLER PREFERS A CASH “AS-IS” SALE, HOWEVER, WILL ENTERTAIN A JOINT VENTURE. SHOULD APPROVED PLANS EXPIRE, AND NO CHANGES ARE MADE, THE CITY AGREED TO REINSTATE. ANY CHANGES MADE IN THE DEVELOPMENT WOULD HAVE TO GO BACK IN FRONT OF THE PLANNING DEPT. THE HOPE HILL ENTRANCE WAS DESIGNED AND APPROVED AS AN EMERGENCY ENTRANCE. WOULD NEED TO GO BACK TO CITY COUNCIL FOR A PUBLIC HEARING TO USE AS PRIMARY ENTRANCE. THE PLANS FOR THE DESIGNATED MAIN THROUGH-WAY, GOVERNOR’S BLVD. (AND EXTENSION) CALLS FOR THE CONSTRUCTING OF 2 OF THE 4 LANES AND EXTEND THE UTILITIES TO SITE. THE CITY HAS AGREED TO PAY AND DEVELOP THE OTHER 2 LANES OF GOVERNOR’S BLVD. SELLER CAN PROVIDE A SITE-WORK PRICE AS PART OF THE CLOSING IF BUYER DESIRES. 53PG INFORMATION PKG IS AVAILABLE UPON REQUEST. CLOSE TO ALL AMENITIES, SHOPPING, SCHOOLS, ETC. IN CLOSE PROXIMITY TO I-75 INTERSTATE. CLIFF MANUEL WITH COASTAL ENGINEERING, CONCLUDES THAT HERNANDO COUNTY IS OK WITH 50’ LOTS. AND THE CITY OF BROOKSVILLE IS HAPPY WITH ANYTHING THAT WILL STIMULATE GROWTH, MEANING, THEY WOULD SUPPORT 50’ LOTS AS WELL. EVEN THOUGH YOU CAN REZONE TO 50’, THERE WILL BE MANY CHALLENGES TO DESIGN A 50’ LOT WITH 5’ SIDE YARD SETBACKS DUE TO THE ELEVATION CHANGES ON THE PROPERTY.
Location
State FL
County Hernando
Interior
Cooling Other
Exterior
Waterfront false
Building
Lot Size Range 50 to less than 100
Structure Type Other
New Construction false
Others
Ownership Corporation
Special Listing Condition None
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Listed by SOUTHLAND PROPERTIES GROUP II
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