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124 Heard St - Multi-Family Development Opportunity 7.46 Acres of Residential Land Offered at $2,400,000 in Arcadia, FL 34266
INVESTMENT HIGHLIGHTS
- Multi-Family / Senior Housing / Assisted Living Facility Development Opportunity
- Zoning Allows upto 30 Untis Per Acre
- 7.46 Acres
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $2,400,000 | Lot Size | 7.46 AC |
| Price Per AC | $321,715.82 |
| Price | $2,400,000 |
| Price Per AC | $321,715.82 |
| Lot Size | 7.46 AC |
7.46 Acres
DESCRIPTION
Zoned R-4, this property allows for single-family, two-family, and multiple-family residential uses, consistent with its High Density Residential FLU permitting up to 30 dwelling units per acre. Ideal for multi-family housing or assisted living facilities (through special exception), the centrally located land offers easy access to major streets and community amenities, making it perfect for developers seeking to maximize residential density.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $4,342 | |
| Land Assessment | $188,000 | Total Assessment | $192,342 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$188,000
Improvements Assessment
$4,342
Total Assessment
$192,342
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124 Heard St - Multi-Family Development Opportunity
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