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124 Heard St - Multi-Family Development Opportunity
7.46 Acres of Residential Land Offered at $2,400,000 in Arcadia, FL 34266
Investment Highlights
- Multi-Family / Senior Housing / Assisted Living Facility Development Opportunity
- Zoning Allows upto 30 Untis Per Acre
- 7.46 Acres
Property Facts
| Price | $2,400,000 | Property Subtype | Residential |
| Sale Type | Investment or Owner User | Total Lot Size | 7.46 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land |
| Price | $2,400,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 7.46 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Price | $2,400,000 | Lot Size | 7.46 AC |
| Price Per AC | $321,716 |
| Price | $2,400,000 |
| Price Per AC | $321,716 |
| Lot Size | 7.46 AC |
7.46 Acres
Description
Zoned R-4, this property allows for single-family, two-family, and multiple-family residential uses, consistent with its High Density Residential FLU permitting up to 30 dwelling units per acre. Ideal for multi-family housing or assisted living facilities (through special exception), the centrally located land offers easy access to major streets and community amenities, making it perfect for developers seeking to maximize residential density.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $227,474 | |
| Land Assessment | $188,000 | Total Assessment | $415,474 |
PROPERTY TAXES
zoning
| Zoning Code | R-4 (Zoning allows Single Family, two family, multi-family and assisted living.) |
| R-4 (Zoning allows Single Family, two family, multi-family and assisted living.) |
Presented by
124 Heard St - Multi-Family Development Opportunity
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