154 ac Planned for 385 SF Units + Commercial

PROPERTY DESCRIPTION- The opportunity consists of 154± acres at the corner of US 19 & Centralia Rd. in Hernando County, FL. Currently zoned agricultural, there is a master plan for 385 single-family dwelling units and 120,000 sq.ft. of commercial.

LOCATION DESCRIPTION - The property is three contiguous parcels totaling 154± acres at the southeast corner of Centralia Road & US 19 in Brooksville, FL. The Suncoast Parkway and SR 50 (Cortez Blvd.) makes for an easy commute to Downtown Tampa and St. Petersburg. The surrounding area consists of a mixture of transitional land and single-family mhousing and mobile homes with heavy retail along SR 50 and the Suncoast Parkway exit. Just north of Centralia Road, a new extension of Suncoast Parkway from US 98 to SR 44 is currently underway and is expected to be completed in 2022. Immediately south of the site is a new complex of Elementary through 12 public schools.

Just a short distance (3 miles) south is a Publix anchored shopping center and a Walgreens drug store.

MUNICIPALITY - Hernando County

PROPERTY SIZE - 154± Acres

UTILITIES - County provided force main for sewer and water services are ready

ZONING AG - Likely requires rezoning to a mix of 40' & 50' lots. Using four upa new density for 144 acres, a yield of 576 lots plus 10 acres of commercial

FUTURE LAND USE - C/PDP: Residential with commercial at Centralia Rd. and US 19, planned 133 acres Residential, 14 acres commercial, seven acres recreation & open space

PARCEL ID - 940398, 940389, 1128782