Multifamily Land at Southern Hills Plantation Club

Vacant Land for Sale
Catylist Listing ID: 29972295
Property Subtypes: Multi-Family
Gross Land Area: 11.45 Acres
Sale Price: $574,000
Unit Price: $50,131 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/13/2017

Overview / Comments

Opportunity to purchase a 11.45 acre multifamily parcel at Southern Hills Plantation Club in Brooksville, FL. Southern Hills is a breathtaking gated community featuring a private Pete Dye Signature Golf Course.

The property is located at 19450 Southern Hills Boulevard, Brooksville, FL 34602 along the main entrance into the luxurious Southern Hills Plantation Club. The community is located in Hernando County, west of I-75, east of U.S. Highway 41, and south of State Road 50. It is approximately 45 miles northeast of Tampa International Airport.

Current impact fees are $3,497 per 1 & 2 story multifamily unit and $3,551 per 3 & 4 story multifamily unit. Sewer connection fee is $1,728 and Water is $672 per ERU.

According to the State of Florida Hernando County's population is expected to grow over 18% between 2015 - 2025.

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Hernando
Taxing Authority: Hernando County
Tax ID/APN: R04-423-19-0000-0120-0010
Zoning: PDP - MULTIFAMILY FOR 164 UNITS
Property Located Between: U.S. Hwy 41 and the gate at Southern Hills Plantation Club
Property Visibility: Good
Largest Nearby Street: Southern Hills Blvd.
Airports: Hernando County Airport and Tampa International Airport
Area Description: Southern Hills Plantation is known for its Pete Dye Signature Golf Course, a private, 18-hole course rated by Golf Week as one of the top 100 residential courses in the United States. Across U.S. Highway 41 is Hernando Oaks Golf Club an 18-hole course open to the public. Local hospitals include Brooksville Regional Hospital, Oak Hill Community Hospital and Spring Hill Regional Hospital. Southern Hills Plantation is conveniently located near major shopping centers on U.S. Highway 41 featuring Publix, Walmart, Lowes, Bealls Outlet, Walgreens and CVS. It is also approximately 3 miles south of Historic Downtown Brooksville featuring additional boutiques and restaurants.
Zoning Description: PDP - Multifamily for 164 units
Part of Planned Development?: Yes
Development Name: Southern Hills Plantation Club
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 11,147 35,845
Median Age: 43.58 47.68
Households: 4,288 15,078

Contact

Photograph of Listing Agent

Nancy B. Surak

Land Advisors Organization - Tampa
FGCAR CIE Member
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