Roosevelt Blvd & N Forest Ridge Blvd - Beverly Hills, Florida

16 Acres of Residential Land Offered at $2,400,000 in Beverly Hills, FL 34465

INVESTMENT HIGHLIGHTS

  • Great Community for Seniors
  • Near Shopping and Recreation
  • Good Value
  • High Growth in Area
  • Area infrastructure is excellent
  • Utilities Available

EXECUTIVE SUMMARY

Located in an Opportunity Zone the site is high and dry and approved via the Beverly Hills DRI for 10 units per acre however, the county zoning will allow for 12 units and believe it to be a simple rezoning application. Northerly part of the property is relatively clear and southerly portion is treed with pine and oak. Property slopes south to north. A great site for low rise ( 2 story ) apartments or townhomes, or adult living facilities. Also believe the rezoning will allow 3 stories high.
Site is located one block east of North Forest Ridge Blvd on the North side of Roosevelt Blvd. Very short distance to Publix shopping center and Twisted Oaks Country Club.

PROPERTY FACTS

Price $2,400,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Multifamily
Total Lot Size 16.00 AC
Opportunity Zone Yes

1 LOT AVAILABLE

Lot

Price $2,400,000
Price Per AC $150,000.00
Lot Size 16.00 AC

Zoning allows for density of up to 12 units per acre. Currently approved for 10 units to the acre.

PROPERTY TAXES

ZONING

Zoning Code DRI
  • Listing ID: 3880536

  • Date on Market: 8/8/2012

  • Last Updated:

  • Address: Roosevelt Blvd & N Forest Ridge Blvd, Beverly Hills, FL 34465