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1 Fitzgerald Way

Inverness, FL 34450
  • $3,892,000
  • STATUS: Active
  • ON SITE: 36 Days
  • MLS #: 812668
$3,892,000
  • 0
    BEDS
  • 70.3
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:
Area:
07

School Information

Elementary School:
Middle School:
High School:

Description

This is a waterfront development opportunity you won't want to miss! With 70.3 waterfront acres, central water and sewer available. and a prime location within Inverness City Limits! There is nearly 3500 of waterfront on Little Lake Henderson, part of the 22 mile long chain of interconnecting lakes known as Lake Tsala Apopka. Lake Henderson is a 422 acre pristine waterway with a depth of 12'. The property offers 57.48 acres of Net Usable Uplands and 12.82 acres of pristine wetland preserves, and natural springs. Located inside the LDR1 zoning district of City Limits of Inverness, FL, this zoning allows for up to 5 units/acre (8,500 sf minimum lot and an impervious coverage ratio of 40%, 25% Building Allowance) with a minimum of 1,000 sf of living area. Permissible building types in the LDR1 zoning district include Single Family Detached, Single Family Attached and Multifamily Duplex. Estimated unit density at the subject property with compliance in the LDR1 zoning district could yield a potential of 287 units priced at just $13,560/unit of density, pending municipal approval. Centrally located just 1.4 miles drive time from Historical Downtown Inverness, City Hall, Citrus County CourtHouse, Liberty Park, Wallace Brooks Park and Rails To Trails Recreation Path (46 miles in length). Neighboring cities include Lecanto (11.2 miles), Beverly Hills (13.3 miles), and Inverness (1.4 miles).

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© 2022 Citrus County Association of Realtors. All rights reserved. Based on information from the Contra Costa Association of REALTORS® MLS as of 2022-07-02T23:54:35.253. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
www.plantationrealtylistings.com/homes/129262839
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1 Fitzgerald Way Inverness, FL 34450

  • Price: $3,892,000
  • Status: Active
  • On Site: 36 Days
  • MLS #: 812668
0
Beds
0
Baths
0
½ Baths
70.3
Acres
Neighborhood:
Not On List
County:
Citrus
Area:
07
Elementary School:
Inverness Primary
Middle School:
Inverness Middle
High School:
Citrus High
Property Description
This is a waterfront development opportunity you won't want to miss! With 70.3 waterfront acres, central water and sewer available. and a prime location within Inverness City Limits! There is nearly 3500 of waterfront on Little Lake Henderson, part of the 22 mile long chain of interconnecting lakes known as Lake Tsala Apopka. Lake Henderson is a 422 acre pristine waterway with a depth of 12'. The property offers 57.48 acres of Net Usable Uplands and 12.82 acres of pristine wetland preserves, and natural springs. Located inside the LDR1 zoning district of City Limits of Inverness, FL, this zoning allows for up to 5 units/acre (8,500 sf minimum lot and an impervious coverage ratio of 40%, 25% Building Allowance) with a minimum of 1,000 sf of living area. Permissible building types in the LDR1 zoning district include Single Family Detached, Single Family Attached and Multifamily Duplex. Estimated unit density at the subject property with compliance in the LDR1 zoning district could yield a potential of 287 units priced at just $13,560/unit of density, pending municipal approval. Centrally located just 1.4 miles drive time from Historical Downtown Inverness, City Hall, Citrus County CourtHouse, Liberty Park, Wallace Brooks Park and Rails To Trails Recreation Path (46 miles in length). Neighboring cities include Lecanto (11.2 miles), Beverly Hills (13.3 miles), and Inverness (1.4 miles).
Exterior Features

Frontage Type Lakefront Lot Features AcreageFlat Lot Size Square Feet 3062236 Road Surface Type Paved Waterfront Features LakefrontWaterfront Waterfront YN Yes

Property Features

Additional Parcels YN No Association YN No Lease Considered YN False Listing Terms CashConventional Possession Closing Possible Use ManufacturedhomeMultifamilyRecreationalSinglefamily Property Sub Type Unimprovedland Sewer Septictank Special Listing Conditions Standard Tax Annual Amount 7147.44 Tax Year 2021 Water Source Public Zoning Ldr

Listing information © 2022 Citrus County Association of Realtors
Listing provided courtesy of Elias G Kirallah of Century 21 J.W.Morton R.E.



© 2022 Citrus County Association of Realtors. All rights reserved. Based on information from the Contra Costa Association of REALTORS® MLS as of 2022-07-02T23:54:35.253. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
 
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