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124 Heard St - Multi-Family Development Opportunity

7.46 Acres of Residential Land Offered at £1,896,024 in Arcadia, FL 34266

Investment Highlights

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

Property Facts

Price £1,896,024
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 7.46 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price £1,896,024
Price Per AC £254,159
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

PROPERTY TAXES

Parcel Numbers
Multiple
  • 36-37-24-0014-00C0-0190
  • 36-37-24-0A00-0910-0000
  • 36-37-24-0014-00B0-0210
  • 36-37-24-0014-00B0-0240
  • 36-37-24-0014-00B0-0080
  • 36-37-24-0014-00B0-0230
Land Assessment
£148,332
Improvements Assessment
£179,477
Total Assessment
£327,809

zoning

Zoning Code R-4 (Zoning allows Single Family, two family, multi-family and assisted living.)
R-4 (Zoning allows Single Family, two family, multi-family and assisted living.)
  • Listing ID: 32425394

  • Date on Market: 11/07/2024

  • Last Updated:

  • Address: 124 Heard St, Arcadia, FL 34266

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