Headshot for Associate Carolyn Tucker Watson
  1. Carolyn Tucker Watson, REALTOR ®
  2. Tropic Shores Realty
  3. Mobile: 941.815.8430
  4. carolyntuckerwatson@gmail.com
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  • MLS#: 833305 ( CommercialSale )
  • Street Address: 95 Golf Harbor Path
  • Viewed: 87
  • Price: $750,000
  • Price sqft: $500
  • Waterfront: No
  • Year Built: 1987
  • Bldg sqft: 1500
  • Days On Market: 239
  • Additional Information
  • County: CITRUS
  • City: Inverness
  • Zipcode: 34450
  • Subdivision: Point O Woods
  • Provided by: Century 21 J.W.Morton R.E.
  • REALTOR® Association of Citrus County
  • DMCA Notice
  • Description
    Offering a prime investment opportunity is a fully operational golf course on 30 acres ready for redevelopment in Central, Florida. Located less than 5 miles from the interstate and other major arterial highways the subject property is easily accessible for commuting workforce for a mixed use residential development and also continuing the current golf course operation which has recently received updates. With a complete overhaul of the clubhouse, including the kitchen, dining room, bathrooms, office, party room, and outdoor patio space, has been undertaken from the interior and exterior components such as drywall, insulation, and studs. Additionally, new HVAC units were installed in May 2023. The primary land use of PDR allows for single family residential, recreational and some limited commercial/industrial use (with approval of Nursing Homes, Assisted Living Facilities, Veterinarian office/hospitals, grocery store, mini warehouse and boat/RV storage). Current demand suggests the highest and best use of the subject property for Multi Family/Apartments. Desirable zoning with approval by Citrus County would include MDR (Medium Density Residential) allowing up to 8 units per acre with lot coverage percentages of 40% for Single family detached dwelling, 50% for Single family attached dwelling, Apartments 60%. ), HDR (High Density Residential allowing up to 20 units per acre with a lot coverage percentage of 55% ). The opportunity has the potential to develop between 144 and 330 units apartments.
Property Features
Possible Terms
  1. Cash
  2. Conventional
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. CentralAir
Covered Spaces
  1. 0.00
Current Use
  1. HotelMotel
  2. Recreational
Exterior Features
  1. GravelDriveway
Flooring
  1. Tile
Garage Spaces
  1. 0.00
Insurance Expense
  1. 0.00
Legal Description
  1. BEGIN AT NE COR OF S1/2 OF SE1/4 OF 2-19-20; TH S 1D 44M 30SE AL E LN OF SD S1/2 OF SE1/4 1339.01 FT TO SE COR OF SEC 2
  2. TH N 89 DEG 42M 32S W AL S LN
Levels
  1. One
Living Area
  1. 0.00
Lot Features
  1. Acreage
  2. Cleared
  3. IrregularLot
  4. OnGolfCourse
Area Major
  1. 02
Net Operating Income
  1. 0.00
Occupant Type
  1. Vacant
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Parcel Number
  1. 1719305
Parking Features
  1. Driveway
  2. Gravel
  3. ParkingSpaces
Pet Deposit
  1. 0.00
Pool Features
  1. None
Possession
  1. Closing
Property Type
  1. CommercialSale
Road Frontage Type
  1. CountyRoad
Roof
  1. Asphalt
  2. Shingle
Security Deposit
  1. 0.00
Sewer
  1. SepticTank
Tax Year
  1. 2021
The Range
  1. 0.00
Topography
  1. Varied
Trash Expense
  1. 0.00
View
  1. Water
Views
  1. 87
Virtual Tour Url
  1. https://properties.admiredimage.com/videos/018f3926-1282-73df-bd03-01881427fd03
Water Source
  1. Well
Year Built
  1. 1987
Zoning Code
  1. PDR