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Roosevelt Blvd & N Forest Ridge Blvd - Beverly Hills, Florida 16 Acres of Residential Land Offered at $3,000,000 in Beverly Hills, FL 34465
Investment Highlights
- Approximately 16 acres available for residential development.
- Existing development approvals support residential development potential.
- Positioned near shopping, healthcare services, and recreational amenities.
- Located within a designated Opportunity Zone.
- Utilities available to the site.
- Suitable for multifamily, townhome, senior housing, or other residential projects subject to approvals.
Executive Summary
Located in an Opportunity Zone the site is high and dry and approved via the Beverly Hills DRI for 10 units per acre however, the county zoning will allow for 12 units and believe it to be a simple rezoning application. Northerly part of the property is relatively clear and southerly portion is treed with pine and oak. Property slopes south to north. A great site for low rise ( 2 story ) apartments or townhomes, or adult living facilities. Also rezoning will allow 3 stories high.
Site is located one block east of North Forest Ridge Blvd on the North side of Roosevelt Blvd. Very short distance to Publix shopping center and Twisted Oaks Country Club.
Site is located one block east of North Forest Ridge Blvd on the North side of Roosevelt Blvd. Very short distance to Publix shopping center and Twisted Oaks Country Club.
Property Facts Under Contract
| Price | $3,000,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 16.00 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | DRI - DRI stands for Development of Regional Impact. It refers to large-scale developments that are expected to have significant impacts on the health. | ||
| Price | $3,000,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 16.00 AC |
| Opportunity Zone |
Yes |
| Zoning | DRI - DRI stands for Development of Regional Impact. It refers to large-scale developments that are expected to have significant impacts on the health. |
1 Lot Available
Lot
| Price | $3,000,000 | Lot Size | 16.00 AC |
| Price Per AC | $187,500.00 |
| Price | $3,000,000 |
| Price Per AC | $187,500.00 |
| Lot Size | 16.00 AC |
Zoning allows for density of up to 12 units per acre. Currently approved for 10 units to the acre.
Description
The property consists of approximately 16 acres located at the intersection of Roosevelt Boulevard and North Forest Ridge Boulevard in Beverly Hills, Florida. Marketing materials indicate the site is approved through the Beverly Hills DRI framework and is located within a designated Opportunity Zone. Utilities are reported to be available, and the property is currently offered for sale at $3,000,000. The site is identified for residential development uses subject to applicable zoning and development approvals.
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Somewhat walkable
30/100
Very drivable
80/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 18E-18S-13-0000-74004 | Improvements Assessment | $0 |
| Land Assessment | $50 | Total Assessment | $50 |
Property Taxes
Parcel Number
18E-18S-13-0000-74004
Land Assessment
$50
Improvements Assessment
$0
Total Assessment
$50
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Roosevelt Blvd & N Forest Ridge Blvd - Beverly Hills, Florida