22.7 Acres Multifamily Dev 300+ UNITS
Large Development Site 22.7 Acres
Marketing description
Largest Land Parcel east of I95 in Port Orange, FL. 22.70 Acres w 1000 frontage on Spruce Creek Rd. Less than 2 blocks to Dunlawton Ave. Less than .5 miles to Riverwalk, Less than 1 mile to the Atlantic Ocean. Centrally located, $450K median home.
Currently zoned w Port Orange at General Commercial. Future Land Use Map shows as PUD. Previously planned and approved for 160 Units.
Someone will need to submit a PUD, and have a 120 day 4 month inspection period. Than $20,000 for each additional month, to extend closing date. NOT EXTEND DUE DILIGENCE, BUT CLOSING DATE. $20,000 above and over the asking price.
Develop 300 Units Condos, townhouses, apartment building, senior housing, residential, single family houses, mobile home park.
PLEASE DONT CONTACT ME IF BUYER IS SUBJECT TO DUE DILIGENCE plus APPROVALS. 120 DAYS DUE DILIGENCE. THAN ESCROW IS NON REFUNDABLE. APPROVALS CAN TAKE YEARS.
PLEASE DONT CONTACT ME IF YOU WANT TO FLIP THE CONTRACT. OR ASSIGN TO OTHER BUYERS, BROKERS, FOR A PROFIT, $20,000 Assignment Fee.
PLEASE DONT CONTACT ME IF YOU EXPECT MORE THAN A 2% BROKERAGE FEE, I KNOW THE GAME PUT YOUR FEE ON THE CONTRACT. NOT, YOU HAVE TO SIGN A COMMISSION AGREEMENT FOR ME TO PRESENT OFFER. BROKERS PROTECTED
Investment highlights
22.7 Acres
Zoned Commercial
300+ Units Condo, Apartments
Future Land USE PUD
Owner Financing
Over 1000 Frontage
HI density Dev Site
130 Units townhouses previously approved on this site.
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