$1,100,000
Active
12 Days Online
0 Beds0 Baths1,500 SQFT
Active

95 S Golf Harbor Path Inverness, FL 34450

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Offering a prime investment opportunity is a fully operational golf course on 30 acres ready for redevelopment in Central, Florida. Located less than 5 miles from the interstate and other major arterial highways the subject property is easily accessible for commuting workforce for a mixed use residential development and also continuing the current golf course operation which has recently received updates. With a complete overhaul of the clubhouse, including the kitchen, dining room, bathrooms, office, party room, and outdoor patio space, has been undertaken from the interior and exterior components such as drywall, insulation, and studs. Additionally, new HVAC units were installed in May 2023. The primary land-use of PDR allows for single family residential, recreational and some limited commercial/industrial use (with approval of Nursing Homes, Assisted Living Facilities, Veterinarian office/hospitals, grocery store, mini warehouse and boat/RV storage). Current demand suggests the highest and best use of the subject property for Multi Family/Apartments. Desirable zoning with approval by Citrus County would include MDR (Medium Density Residential) allowing up to 8 units per acre with lot coverage percentages of 40% for Single-family detached dwelling, 50% for Single-family attached dwelling, Apartments 60%. ), HDR (High Density Residential allowing up to 20 units per acre with a lot coverage percentage of 55% ). The opportunity has the potential to develop between 144 and 330 units apartments.

  • Property TypeCommercial
  • NeighborhoodPoint O Woods
  • CountyCitrus
  • Taxes$4,266
  • HOA/Condo/Coop Fees$0
  • Days on Site12 Days
  • MLS StatusActive
  • MLS ID Number833305
  • Home Size Source Public Records
  • Year Built1987
  • Lot Size30.05 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction Stucco
  • Parking DrivewayGravelParking Spaces
  • Sewer Septic Tank
  • Number of Stories 111
  • Acreage 30.05
  • Water Well
  • Cross Street Gospel Island Road
  • Property Sub Type Hotel- Motel
  • Foundation BlockSlab
  • Zoning PDR
  • Listing Conditions Standard
  • Direction Faces North

Interior Features

  • Cooling Central Air
  • Flooring Tile

Exterior Features

  • Roof AsphaltShingle
  • View Water
  • Pool Features None
  • Exterior Gravel Driveway
  • Lot AcreageClearedIrregular LotOn Golf Course
  • Road Frontage County Road

Community Features

  • MLS Area 2

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Monthly Payment (Est.)

$5,866
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