Amazing Development Opportunity!
|Catylist Listing ID:
|Gross Land Area:
||$266,129 Per Acre
Overview / Comments
Golden opportunity to develop 78 units with VERY low land costs! This 6.2 acre site is ideally located just off Indiana Blvd. very close to restaurants, shopping and Lemon Bay. There are existing approved plans for a 78 unit project named Westgate Condominiums. One of the best features of this property is much of the horizontal engineering is currently in place, the cost of pulling and installing the water/sewer and life safety elements is valued at over $1,000,000. The property is very quiet and abuts a well maintained sub-division named Quail Run. The location is ripe for new development as the area has seen strong residential leasing and sales over the past 2 years.
||RMF3 - RESIDENTIAL, MULTIFAMILY
|Property Located Between:
||Located in the lot north of Quails Run Blvd., east of S. Indiana Ave., and south of E. Dearborn St.
|Largest Nearby Street:
||E. Dearbor Street
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