Fitzgerald Way
Fitzgerald Way
$3,300,000
3,062,236 / 70.30
Sold 11/17/23
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Description
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...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).
- Listed by Elias Kirallah • CENTURY 21 J.W.MORTON R.E.
Property Details for Fitzgerald Way
Township
19
WaterfrontYes
Water ViewLake - Chain of Lakes
Location
LISTING UPDATED: 11/17/2023 03:34 PM
Property Details for Fitzgerald Way
Status | Sold |
---|---|
MLS # | OM650435 |
Days on Market | 236 |
Taxes | $7,525 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Land |
Year Built | - |
Lot Size | 70.30 AC |
County | Citrus County |
Location
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Building Information for Fitzgerald Way
Lot Size70.30 AC
Payment Calculator
$18,637 per month
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Property Information for Fitzgerald Way
Property History for Fitzgerald Way
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near Fitzgerald Way
This home is within Citrus.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 12 |
Rating | School | Distance |
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Inverness Primary School PublicPK to 5 | ||
Inverness Middle School Public6 to 8 | ||
Citrus High School Public9 to 12 | ||
Citrus Virtual Instruction (Course Offerings) PublicK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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