MLS® ID: 411152

1550 SW 188 Street

Newberry, Florida, 32669

$2,950,000 Active
  • - SQFT
This is a “Shovel Ready” development opportunity, consisting of 131 acres with full approvals for 29 estate homesites with an average size of 3 acres. The zoning, PRRD, provides for a density of 1 home/ 5 acres, so approx. 2 acres of open space is provided per lot. There are also currently 5 homesites Seller owns in Ph. 1 available for purchase and full Developer rights will transfer at closing of the sale. Ph. 1 consists of a beautiful 18 homesite gated community. There is 1.3 miles of paved trail surrounding Ph. 1 and about 2 miles to be added in Ph. 2. In Central Park, The Lodge at Dylan’s Grove provides a focal point of social activities in the community and a full lap lane length pool. Please note that the Seller intends to do a 1031 tax deferred exchange at the closing and timing for the closing will need to coincide with Seller’s 1031.
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Listing courtesy of Prestige Equity Management Inc.

Amenities

  • Zip
    32669
  • Office name
    Prestige Equity Management Inc.
  • Subdivision
    Dylans Grove
  • Property type
    Vacant Land
  • Zoning type
    PRRD
  • Elementary school
    Newberry Elem
  • Junior high
    Oak View Middle
  • High school
    Newberry High
  • Agent name
    Michael Steinberg
  • Purchase Type
    Active
  • Price Range
    $2m+
  • Area
    Alachua
  • Office ID
    435
  • Agent ID
    3791

Location

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