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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
34388794

2810 Northeast 52nd Court, Silver Springs, FL 34488 For Sale

EA
3040502
Fortune International Realty
Listed by Fortune International Realty
$1,500,000
5 days on market
Updated 4 days ago

Developer Opportunity +/- 50 Units Silver Spring Phase II

Details
Property Type Land
Sub Type Commercial, Development opportunity " fully entitled " total 18 townhouses
Square Footage 182,081
Pads 1
Pro-Forma Cap Rate 7.47%
Pro-Forma NOI $960,000
Price per SqFt $8
Price Per Acre $358,851
Class B
Lot Size (SqFt) 182,081
Zoning R3 - Multifamily

Developer Opportunity – R-3 Multifamily zoning +/- 50 Units

Marketing description

1- R-3 Multifamily Zoning

2- Development potential for approximately 50 residential units

3- Ideal for apartments, townhomes, or build-to-rent housing

4- Located in the rapidly growing Silver Springs/Ocala market

5-Strong demand for new residential development

6-Convenient access to major highways, retail, healthcare, and schools

7- Excellent opportunity for regional and national multifamily developers

Investment highlights

Developer Opportunity – R-3 Multifamily zoning allowing the development of approximately 50 residential units.

Strong Housing Demand – Marion County continues to experience increasing demand for new rental housing driven by population growth and in-migrations.

Utilities - Water & Electricity

Strategic Location – Convenient access to major highways, shopping centers, schools, healthcare facilities, and recreational amenities.

Listing Contacts

EA
3040502
Fortune International Realty
Listed by Fortune International Realty

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