About this home
Investment opportunity! Multifamily RM-2 zoning in Buckingham offering endless possibilities for development and to create and enforce your own HOA. The sale includes three different STRAP #'s (28-43-26-00-00011.0040 / 28-43-26-00-00011.0030) and (28-43-26-00-00011.0000) and includes the roads and right of ways for all of the Villas. This parcel is situated outside of the FEMA flood zone and free from the constraints of an HOA, this property is a rare find in today's market. Located on a low-traffic dead end road, privacy is guaranteed. The site is fully equipped for the design phase, with roads, driveways, utilities, and infrastructure already in place, saving you time and money on construction. Imagine the potential for custom built villas, or a multi-family complex, the choice is yours. With the convenience of being located in the back of the Reserve of Buckingham, these villas will be in a convenient location, close to the Publix shopping Center, and Buckingham Road. There WAS a proposed 26 multifamily units development order drafted by Banks engineering that has been vacated. (See attached) Don't miss out on this incredible opportunity to create your own HOA and income producing development in this prime location. The possibilities are endless - make your vision a reality today!
Listing last checked: Listing updated:
Listed by Patty Walker · RE/MAX Gulf Coast Living · MLS #2026030905
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Details at a glance
Building1 property facts
- Style
- Unimproved Land
Land & utilities3 property facts
- Lot size
- 1.82 acres
- Water
- Public
- Sewer
- None
Financial3 property facts
- Annual taxes
- $1,121
- Assessment year
- 2023
- HOA fee
- $0 (billing period not supplied)
Location
Estimated monthly cost
Explore costs at the $849,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$4,386 / monthAdjust
- Principal & interest
- $4,293
- Property tax
- $93
- Insurance
- Not entered
- HOA
- $0
Listing annual taxes: $1,121. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $0.
Partial estimate: add insurance to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About Riverdale Shores Villas
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