Listing photo for Hope Hill Rd, Brooksville, FL

Hope Hill Rd,

Brooksville, FL

$1,828,500

30.30 Acres

THIS TRACT CONSISTS OF 3 PARCELS TOTALING 74.6 ACRES. HAS BEEN APPROVED FOR 111 LOTS. PROPERTY IS LOCATED ON HOPE HILL RD. OFF HWY 50 (CORTEZ BLVD) , CITY OF BROOKSVILLE. FL. PROPERTY HAS FULL SET OF PLANS FOR DEVELOPMENT, MOST OF THE PREREQUISITES HAVE ALREADY BEEN MET. SELLER PREFERS A CASH “AS-IS” SALE, HOWEVER, WILL ENTERTAIN A JOINT VENTURE. SHOULD APPROVED PLANS EXPIRE, AND NO CHANGES ARE MADE, THE CITY AGREED TO REINSTATE. ANY CHANGES MADE IN THE DEVELOPMENT WOULD HAVE TO GO BACK IN FRONT OF THE PLANNING DEPT. THE HOPE HILL ENTRANCE WAS DESIGNED AND APPROVED AS AN EMERGENCY ENTRANCE. WOULD NEED TO GO BACK TO CITY COUNCIL FOR A PUBLIC HEARING TO USE AS PRIMARY ENTRANCE. THE PLANS FOR THE DESIGNATED MAIN THROUGH-WAY, GOVERNOR’S BLVD. (AND EXTENSION) CALLS FOR THE CONSTRUCTING OF 2 OF THE 4 LANES AND EXTEND THE UTILITIES TO SITE. THE CITY HAS AGREED TO PAY AND DEVELOP THE OTHER 2 LANES OF GOVERNOR’S BLVD. SELLER CAN PROVIDE A SITEWORK PRICE AS PART OF THE CLOSING IF BUYER DESIRE. 53PG INFORMATION PKG IS AVAIL. UPON REQUEST. CLOSE TO ALL AMENITIES, SHOPPING, SCHOOLS, ETC. IN CLOSE PROXIMITY TO I-75 INTERSTATE. CLIFF MANUEL WITH COASTAL ENGINEERING, CONCLUDES THAT HERNANDO COUNTY IS OK WITH 50’ LOTS. AND THE CITY OF BROOKSVILLE IS HAPPY WITH ANYTHING THAT WILL STIMULATE GROWTH, MEANING, THEY WOULD SUPPORT 50’ LOTS AS WELL. EVEN THOUGH YOU CAN REZONE TO 50’, THERE WILL BE MANY CHALLENGES TO DESIGN A 50’ LOT WITH 5’ SIDE YARD SETBACKS DUE TO THE ELEVATION CHANGES ON THE PROPERTY.

Facts & Features
MLS® # W7805998
Price $1,828,500
Bathrooms 0.00
Acres 30.30
Year Built 2018
Type Commercial
Sub-Type Unimproved Land
Status Active
Community Information
Address Hope Hill Rd
Area Brooksville
City Brooksville
County Hernando County
State FL
Zip Code 34601
Amenities
Is Waterfront No
Has Pool No
Interior
Cooling Other
Fireplace No
Exterior
Exterior Other
Lot Description 50 to less than 100
Additional Information
Days on Market 526
Foreclosure No
Short Sale No
RE / Bank Owned No
Listing Details
Office Southland Properties Group Inc

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Listing data comes from My Florida Regional MLS DBA Stellar MLS.

Listing information last updated on March 29th, 2020 at 1:45am EDT.

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