$410,000
$499,000
17.8%For more information regarding the value of a property, please contact us for a free consultation.
9.53 Acres Lot
SOLD DATE : 12/09/2021
Key Details
Sold Price $410,000
Property Type Vacant Land
Sub Type Residential
Listing Status Sold
Purchase Type For Sale
Subdivision Acreage
MLS Listing ID C7424409
Sold Date 12/09/21
Construction Status Inspections,No Contingency
HOA Y/N No
Annual Tax Amount $6,870
Lot Size 9.530 Acres
Acres 9.53
Lot Dimensions 39 x586 x 667 x 623 x 648
Property Description
This is a previously approved Planned Development (PD) of 9.53 acres permitting 47 single family units. The former (PD) Planned Development was approved as if it is RMF5 or 5 units per acre density (47 units) and a clubhouse facility. 24 of the units have a waterfront view onto an interior freshwater lake. The development has a small street frontage on Luther Road with broad frontage on Tangerine and Tangelo Avenues. The property is native and undeveloped. The property has public water and sewer located in Luther Road and available. With SPECIAL EXCEPTION the RMF5 zoning MAY with approval permit nursing homes, adult congregate living facilities, group homes, child and adult day care facilities and schools. Consult the local zoning official for details regarding other concepts which may be possible with the zoning boards approval. There is an additional property owned by the same owner adjacent to this parcel for sale off Luther Road and adjacent to this PD. That parcel consists of 7.17 acres medium density RMF10 zoning of 64 or even more units. The neighboring parcel had a plan consisting of building coverage of 51,200 sqft with 121 parking spaces with all units having a waterfront view. A clubhouse and pool are provided. The area consists of multi-family developments, a chruch and vacant land zoned multi-family and commercial. A survey and a plan is available
Location
State FL
County Charlotte
Community Acreage
Zoning RMF5(PD)
Exterior
Utilities Available Electrical Nearby, Sewer Nearby, Telephone Nearby, Water Nearby
Building
Lot Size Range 5 to less than 10
Sewer Public Sewer
Water Public
Construction Status Inspections,No Contingency
Others
Ownership Fee Simple
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
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