This is a Shovel Ready development opportunity, consisting of 131 acres with full approvals for 29 estate homesites with an average size of 3 acres. The zoning, PRRD, provides for a density of 1 home/ 5 acres, so approx. 2 acres of open space is provided per lot. There are also currently 5 homesites Seller owns in Ph. 1 available for purchase and full Developer rights will transfer at closing of the sale. Ph. 1 consists of a beautiful 18 homesite gated community. There is 1.3 miles of paved trail surrounding Ph. 1 and about 2 miles to be added in Ph. 2. In Central Park, The Lodge at Dylans Grove provides a focal point of social activities in the community and a full lap lane length pool. Please note that the Seller intends to do a 1031 tax deferred exchange at the closing and timing for the closing will need to coincide with Sellers 1031.

  • MLS# 411152
  • Sub-Type Resale
  • Status Active
  • Days On Site 275
Zoning PRRD
Acreage 131.00
Listing Provided By:
Michael Steinberg  of  Prestige Equity Management Inc.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
this listing $2,950,000
1,059.36%
$254,450 in 32669
this listing 275 on site
33.66%
414.5 on site in 32669

Location

State FL
County Alachua
City Newberry
Zip Code 32669

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