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Full details for Other For Sale in Crystal River, Florida

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Description

Prime Development Opportunity for 3.3-acre parcel located just 160u2019 off CR-486 (12,500 AADT) with 513u2019 of frontage on N Miller Run Ter. Located at 2095 N. Miller Run Terrace in Crystal River, FL. The property is master planned by the Citrus County BOCC to construct 32 MULTI-FAMILY UNITS (DUPLEX AND QUADRUPLEX). County water and sewer are adjacent to the site. White Stone Landings has a planned residential unit mix of 2-3 bedroom, 864 sf to 1,700 sf dwellings with landscaped common areas, outdoor living with individual patios, homes, a clubhouse, fire pits and a pool. The project can be sold through condo ownership and have the ability to place each residence in the renter market through the VRBO, Airbnb, etc. This property is located in close proximity to the 3-mile northbound extension of the 589 Toll Road currently at the SR 44 Interchange. The turnpike extension is to be funded and started in FY 2023, placing the subject property directly near the 589 Toll Road and just 1.1 miles East of the SB on-ramp bridge to the Suncoast Parkway. intersecting roadways are: Hwy 44 (1 mile West), CR-491 (4 miles East) and Hwy 41 S (10 Miles East). Neighboring National brands include Publix Supermarket (1.2 miles), Walmart, and the newly approved Target (3.1 miles) featuring several junior tenants and QSR/Drive-Thru brands. In process of site plan approval with Citrus County BOCC Buyer responsibility to complete final permits. Back to listing