Saturday, May 28, 2022

0 Fitzgerald Way Inverness, FL 34450

Property Site: https://tour.corelistingmachine.com/home/75B9Q2/0-Fitzgerald-Way-Inverness-FL-812668
This is a waterfront development opportunity you wont want to miss! With 70.03 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).
Bathrooms: 0.00
Price: $3,892,000

For more information about this property, please contact Elias Kirallah at 352-726-6668 or buyfloridanow@yahoo.com. You can also text 7431606 to 67299 (Message and Data Rates May Apply, see terms and privacy policy).


See more listings at: http://citruscountycentury21.com


MLS ID: 812668

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