Lake Acreage For Sale

This is a waterfront development opportunity you won't want to miss! With 70.3 waterfront acres, central water and sewer available. and a prime location within Inverness City Limits! There is nearly 3500' of waterfront on Little Lake Henderson, part of the 22 mile long chain of interconnecting lakes known as Lake Tsala Apopka. Lake Henderson is a 422 acre pristine waterway with a depth of 12'. The property offers 57.48 acres of Net Usable Uplands and 12.82 acres of pristine wetland preserves, and natural springs. Located inside the LDR1 zoning district of City Limits of Inverness, FL, this zoning allows for up to 5 units/acre (8,500 sf minimum lot and an impervious coverage ratio of 40%, 25% Building Allowance) with a minimum of 1,000 sf of living area. Permissible building types in the LDR1 zoning district include Single Family Detached, Single Family Attached and Multifamily Duplex. Estimated unit density at the subject property with compliance in the LDR1 zoning district could yield a potential of 287 units priced at just $13,560/unit of density, pending municipal approval. Centrally located just 1.4 miles drive time from Historical Downtown Inverness, City Hall, Citrus County CourtHouse, Liberty Park, Wallace Brooks Park and Rails To Trails Recreation Path (46 miles in length). Neighboring cities include Lecanto (11.2 miles), Beverly Hills (13.3 miles), and Inverness (1.4 miles).

Property Details

  • Lake: Little Lake Henderson
  • Acres: 70.300
  • Lakefront: Yes
  • Lakeview: Yes
  • County: Citrus County
  • Lake Community: Not on List
  • Property Taxes: $7147.44
  • MLS #: 812668

Location

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Contact Information:

Ruth Squires
eXp Realty, LLC
Contact Agent

Ad Statistics:

Lake Acreage For Sale in Inverness, Florida
Ad Number : 2768582
Viewed: 114 times
Added: May 28, 2022
Updated on: Sep 27, 2022
All information provided is deemed reliable but is not guaranteed and should be independently verified.
Listing Agent: Elias G Kirallah, Century21 J.W. Morton Real Estate, Inc, 352-726-6668 Listing Site
Copyright © 2022 REALTORS Association of Citrus County, Inc.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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