14.4 Acres Approved for 216-Unit Multi-Family Development in Brooksville, FL

This listing presents a prime development opportunity: 14.4 acres of land located near Brooksville, Florida, approved for the construction of 216 multi-family residential units. The property benefits from existing PDP-R (Planned Development Project - Residential) zoning, a recent zoning change, and parcel assemblage, requiring only site plan approval to proceed. An additional advantage is the potential to increase density by up to 25% by utilizing the FL Gray Water Act. The property is being remarketed after a previous buyer could not secure FHFC loan commitments. The owner is open to considering a partnership with an experienced developer. This is a significant opportunity for investors and developers in the growing Florida market.