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.
Southland Properties Group Inc.
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Listing information last updated on February 29th, 2020 at 4:00am EST.