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124 Heard St - Multi-Family Development Opportunity 7.46 Acres of Residential Land Offered at $3,264,768 CAD in Arcadia, FL 34266

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Investment Highlights

Multi-Family / Senior Housing / Assisted Living Facility Development Opportunity
Zoning Allows upto 30 Untis Per Acre

7.46 Acres

Arcadia Land Flyer

Arcadia OM

Property Facts

Price	$3,264,768 CAD	Property Subtype	Residential
Sale Type	Investment or Owner User	Proposed Use	Multifamily Apartment Units - Senior Apartment Units - Subsidized
No. Lots	1	Total Lot Size	7.46 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	R-4 - Zoning allows Single Family, two family, multi-family and assisted living.

Price	$3,264,768 CAD
Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Residential
Proposed Use	Multifamily Apartment Units - Senior Apartment Units - Subsidized
Total Lot Size	7.46 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	R-4 - Zoning allows Single Family, two family, multi-family and assisted living.

1 Lot Available

Lot

Price	$3,264,768 CAD	Lot Size	7.46 AC
Price Per AC	$437,636.45 CAD

Price	$3,264,768 CAD
Price Per AC	$437,636.45 CAD
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	Multiple 36-37-24-0014-00C0-0190 36-37-24-0A00-0910-0000	Improvements Assessment	$5,913 CAD
Land Assessment	$183,840 CAD	Total Assessment	$189,753 CAD

Property Taxes

Parcel Numbers

Multiple

36-37-24-0014-00C0-0190
36-37-24-0A00-0910-0000

Land Assessment

$183,840 CAD

Improvements Assessment

$5,913 CAD

Total Assessment

$189,753 CAD

(941) 356-9659

Contact

Loyd Robbins
Loyd Robbins & Co

Listing ID: 32425394
Date on Market: 2024-07-11
Last Updated:
Address: 124 Heard St, Arcadia, FL 34266

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