About This Property

Exceptional development opportunity for investors, builders, or developers. This 1.47-acre property is currently zoned Residential High Density with future land use supporting multi-family development. Situated within an Opportunity Zone, it offers potential tax incentives and streamlined permitting. The site currently allows for approximately 5 units per acre with a 35' height limit, with substantial upside through assemblage. The city has indicated that securing an adjacent parcel could enable a private road with direct access to Haverhill Rd., significantly increasing allowable density and overall value. A rare chance to capitalize on a strategically located growth corridor with so much potential!

Key Features

• 64,190 sq ft Lot
• Built in 1962

Property Details

• Type: Single Family Home
• Year Built: 1962
• Lot Size: 1.47 Acres
• Sq Ft: 800
• Price / Sq Ft: $1,375
• HOA: Contact Agent
• Bedrooms: 0
• Bathrooms: 1
• Feature: 64,190 sq ft Lot
• Feature: Built in 1962
• Status: Active
• MLS Number: 1155968998
• Days on Market: 189
• Listed By: RE/MAX of Stuart · Taylor Stanfield
• Zip Code: 33417