$259,000

Prime 1.05-acre multifamily development opportunity in Spring Hill, located in an established Hernando County neighborhood with winding streets, mature trees, and convenient access to US 19. The property backs up to a preserved wetland and pond, creating a private, semi-rural setting while remaining close to major roads, local amenities, and surrounding residential areas. Zoned PDP(MF), the property offers the potential to develop up to 14 units, making it an attractive opportunity for multifamily investors and developers. The owner has a survey and engineering plans available upon request, providing additional information for buyers evaluating the property's development potential. The property is located in Flood Zone X, which is generally considered an area of minimal flood hazard under current FEMA flood maps. Buyers should independently verify the current flood zone designation, flood insurance requirements, building regulations, environmental conditions, and all applicable development requirements with Hernando County and the appropriate local authorities. The property is identified by Parcel ID R3232317503001590040. Buyers should verify zoning, permitted uses, unit density, setbacks, utility availability, access, wetland considerations, and all development requirements prior to purchase. The property is available for a self-guided tour. Subleasing is not permitted. This property is not available for rent or lease.