$159,000

Seller is willing to do an equity exchange for income-producing property. Prime 0.80-acre multifamily development opportunity on Weeping Willow St in Brooksville, located along the eastern edge of the community where established neighborhoods meet quiet pine flatwoods. The property offers a balance of accessibility and natural surroundings, with convenient access to Brooksville while retaining the spacious character of a less densely developed area. Zoned PDP (MF), the property presents an opportunity for multifamily development with the potential to build up to 8 units, subject to applicable approvals and development requirements. A utility connection line is located near the property, which may provide a potential connection point for future development. The owner also has survey and engineering plans available upon request. With approximately 34,848 square feet of land, the property provides sufficient space to explore a multifamily project while benefiting from the surrounding natural landscape of tall pines and native Florida vegetation. 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, utility connection requirements, environmental conditions, and all applicable development restrictions with Hernando County and the appropriate local authorities. Buyers should verify permitted uses, unit density, setbacks, parking requirements, utility availability, access, development standards, and all other applicable requirements with Hernando County before purchasing. The property is available for a self-guided tour. Subleasing is not permitted. This property is not available for rent or lease.