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2105 S US 27 HIGHWAY S

Multi-family For Sale
$2,999,000

BTC: 99.96666667

ETH: 1,499.50000000

125 days
Waterfront
0 room(s)
1,540 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Located along Highway 27, this 6.03-acre property has waterfrontage on Lake Grassy. It offers significant development potential with existing infrastructure in place for residential expansion. The property includes a 9-unit complex: five single-story units (2 beds, 2 baths, approximately 1,540 sq. ft. living space) and four two-story units (3 beds, 2.5 baths, about 1,534 sq. ft. living space). Completed in 2008, Phase 1 is finished. Phase 2 proposes constructing 42 additional 3-bedroom, 2.5-bath units, each about 1,565 sq. ft. of living space. The design and the size of units can be modified to meet your needs. All necessary infrastructure, including paved roads and utilities, is ready, making this a shovel-ready project. Proposed plans for the new units are included, along with a wastewater management permit valid through 2029. The site also provides space designated for a community pool. This property provides a fully prepared development site with existing income units, without zoning changes or significant infrastructure costs. Its highway frontage, water access, and ready-to-build status make it an attractive option for developers or investors seeking immediate development potential.

Location

Facts and features

Type:
Residential Income
Parking:
Driveway / Guest / Open
Year Built:
2008
Lot:
6.03 Acres
Heating:
Central
Price/sqft:
$1,947
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Flooring

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Microwave

    • Range

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

    • Primary Bedroom Main Floor

  • Parking

    • Driveway

    • Guest

    • Open

    Property

    • Exterior Features: Balcony / Irrigation System / Lighting / Private Mailbox / Rain Gutters

    Lot

    • Lot: 6.03 Acres

    Other Property Information

    • Parcel Number: C203730A0000600000

    • Zoning: R3FUD

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Multi Family

  • Utility

    • Cable Available

    • Electricity Connected

    • Sewer Connected

    • Sprinkler Well

    • Street Lights

    • Water - Multiple Meters

    • Water Connected

  • Other financial information

    • Annual tax amount: $3,374

  • Source details

    • MLS ID: L4954869

    Other facts

    • Construction Materials: Concrete

    • Foundation Details: Slab

    • Laundry Features: Laundry Room

    • Lot Features: In County / Irregular Lot / Landscaped

    • Patio And Porch Features: Patio / Rear Porch

    • Waterfront: Yes

    • Water Body Name: LAKE GRASSY

    • Living Area: 1540

    • Water Source: Public

    • Subdivision Name: AN IRREG 4.197 ACRE TRACT BEING 182 FT ALONG NELY

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: HAMMOCK REALTY LLC