Report Listing

Home For Sale

Picture of Home For Sale in Palmetto, Florida, United States

$2,800,000

10705 Bud Rhoden Rd
Palmetto, Florida, United States

2bd 2ba

Listed By: Realtyww Info

Listed On: 06/13/2023

Listing ID: GL10107885 View More Details

Description

Calling all developers and investors! This property is a hidden gem and a fantastic investment opportunity. With 7.8 acres of cleared land spread across 3 parcels (1.275, 2, and 5+), this property is ideal for future R6 subdivision. Located on the ever-expanding Moccasin Wallow Road, this property boasts easy access to I75 and I275, making it a highly desirable location for development. The property features a modern office building constructed in 2018, currently used as office space but can easily be converted into a cozy 2 bedroom, 1.5 bathroom residence. With 1, 600 square feet under air, steel beam construction, a metal roof, a full kitchen, and high vaulted ceilings, this home/office is built to last. The property also comes equipped with a generator for backup power. A long, asphalt driveway leads to the home/office, which overlooks a picturesque pond located at the back of the property. Currently used for irrigation and water retention, this pond adds to the property's charm and offers potential for further development. With the possibility of converting this property into an R6 subdivision, the potential for over 40 homesites is within reach. Moccasin Wallow Road is a rapidly growing area, and this property is perfectly positioned to take advantage of its expansion. Whether you're looking to create a future sales office, a community building, or a property management office, the possibilities are endless. Don't miss out on this fantastic investment opportunity. Schedule your showing today and see for yourself the potential that awaits!

For more details:

Listed by: Florida Suncoast Real Estate
Source: The World Property Journal

Advertisement

Other Properties Near Palmetto