Price Reduction
Address
1550 SW 188 Street Newberry, FL
Price
$ 2,950,000
Property Attributes
  • MLS#411152
  • TypeLand
  • CountyALACHUA
  • CityNewberry
  • NeighborhoodDylans Grove
  • Zip32669
  • StyleResidential-Open Builder
  • Price$ 2,950,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size131 Acres
Listing Provided Courtesy Of:
Prestige Equity Management Inc.
Property Description

This is a “Shovel Ready” development opportunity, consisting of 131 acres with full approvals for 29 estate homesites with an average size of 3 acres. The zoning, PRRD, provides for a density of 1 home/ 5 acres, so approx. 2 acres of open space is provided per lot. There are also currently 5 homesites Seller owns in Ph. 1 available for purchase and full Developer rights will transfer at closing of the sale. Ph. 1 consists of a beautiful 18 homesite gated community. There is 1.3 miles of paved trail surrounding Ph. 1 and about 2 miles to be added in Ph. 2. In Central Park, The Lodge at Dylan’s Grove provides a focal point of social activities in the community and a full lap lane length pool. Please note that the Seller intends to do a 1031 tax deferred exchange at the closing and timing for the closing will need to coincide with Seller’s 1031.

Elementary School Middle School High School
Newberry Elem Oak View Middle Newberry High
Price History
1/19/2018 Listed $3,200,000
8/15/2018 8% - $2,950,000

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 32669

Price
AVG $570K
$2.95M
Visits
AVG 10
22

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