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965 Candlelight Blvd Blvd - Hernando County Multifamily Land

5.98 Acres of Residential Land Offered at $1,200,000 in Brooksville, FL 34601

Investment Highlights

  • 5.98 Acres - Residential Vacant Brooksville at US 41 & Broad Street
  • Minutes away from desirable dining and shopping - Publix, Wawa, Applebees, Walmart, Lowes, etc.
  • Conveniently Located at US 41 & SR 50 - 22,500 AADT

Executive Summary

5.98 ± acres of desirable multifamily land located in Brooksville near the US-41 and SR-50 corridor, and between two other apartment sites - Candlelight Apartments and Julep Apartments.

Property Facts

Price $1,200,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 5.98 AC

1 Lot Available

Lot

Price $1,200,000
Price Per AC $200,669
Lot Size 5.98 AC

Zoning allows for 18 residential units per acre. Located within a well-established area in Brooksville that offers a plethora of amenities, including grocery, banks, retail, and restaurants within minutes of the site.

Description

5.98 ± acres of desirable multifamily land located in Brooksville near the US-41 and SR-50 corridor, and between two other apartment sites - Candlelight Apartments and Julep Apartments. Zoning allows for 18 residential units per acre. Located within a well-established area in Brooksville that offers a plethora of amenities, including grocery, banks, retail, and restaurants within minutes of the site. The asking price of just $1,200,000 equates to an average cost per unit for the dirt of $11,214.95. Monthly apartment rents in the immediate area range from a low of $800 to a current high of $1,519.

zoning

Zoning Code Multi Family
Multi Family
  • Listing ID: 27809312

  • Date on Market: 2/22/2023

  • Last Updated:

  • Address: 965 Candlelight Blvd Blvd, Brooksville, FL 34601

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