2.85 ac Pad Ready 100 Unit Condo Dev

PROPERTY DESCRIPTION - This 2.85-acre parcel represents an opportunity to complete the vision of an upscale townhome condo community unique to the market. Emerson, in the growth-restricted "tree city" of Gainesville, FL, is located near the prestigious University of Florida, research hospitals and museums, and features walking access to a 15-acre nature preserve. 13 condo units have been built, and four have sold for cash at or above list price. Pads for phase two are complete, with underground utilities stubbed out. This is a rare opportunity; all approvals are in place and underground utilities are in.

LOCATION DESCRIPTION - This opportunity is located in the heart of Gainesville, approximately 3 miles from the University of Florida and 1.5 miles from I-75. It is near a variety of medical centers, including UF Health, North Florida Regional Medical Center, and Malcom Randall Veterans Affairs Medical Center. Publix is less than 1 mile from the site and major retail centers Butler Plaza and Celebration Pointe within a 5-minute drive. The community is adjacent to Oak Hammock, the official retirement community of the University of Florida. It is located within a heavily-treed nature preserve, with access provided by walking trails.

MUNICIPALITY - City of Gainesville, FL

PROPERTY SIZE - 2.85 Acres available of 5 acres total

FUTURE LAND USE - Approved for up to 100 units

PRICE - $4,500,000 with possible potential venture opportunity (negotiable)