MULTIFAMILY DEVELOPMENT OPPORTUNITY. 15.43 Acres. Zoned R3, In City Limits of Belleview. 166 Units Multi-Family Apartments Project.OFFERING REPRESENTS 166 Unit Townhouse development with underground & lift station completed in 2005. Underground has been recently re-certified. Entitlements have been updated to original plans. 15.43 Acres located in City Limits of Belleview between The Villages and Ocala, convenient to new Publix, Schools, Retail & Restaurants. Although City addition of “Business District” in 2013 changed density to 124 units, P&Z is supportive of change to increase density back to 166 unit development as permitted in 2005-2010 for this development. Seller will allow time for needed modifications. Strategically positioned as one of the limited options to help fill the workforce rental supply void of the immediate area.Excellent Site Plan & Architectural Plans Available Include: 8 Apartment Buildings, Clubhouse & more.
00 SE 102 PLACE, Belleview, FL, 34420
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The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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