42± AC BEACHFRONT DEVELOPMENT OPPORTUNITYHutchinson Island
Hutchinson Island, Florida 34949 Type: Land Property
for Sale
Hutchinson Island, Florida 34949
Property Overview
RARE PARCEL WITH 1,100 LINEAR FEET OF ATLANTIC OCEAN FRONTAGE & EXTENSIVE RIVERFRONT FRONTAGE TO THE WEST
Previously Priced at: $6,000,000
OFFERS WILL BE CONSIDERED WITH A DUE DILIGENCE TIME FRAME TO REVIEW THE CURRENT PERMIT STATUS!
Property Details
Key Points: Bid Deadline Extended - Due to a number of requests for additional time to review the current permit status the Seller has authorized us to accept offers with a due diligence time frame to review and understand the current permits. Please call for details. Permitting in progress for 15 oceanfront lots, which will each accommodate a 5,000 SF home Zoning allows for 5 units per acre of uplands – estimated for potential development of 45 + units Property is also ideal for a private residential compound Developing to the maximum 50’ in height will give residents spectacular ocean and riverfront views Permitting in progress for the development of a 200-foot dock giving residents direct access to the river in the future Other potential uses could include a rehabilitation center
