For Sale
$175,000

15820 Archer StHudson, FL 34667

1.5-Acre Assisted Living Development Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
111
This exceptional 1.5-acre parcel, located at 15820 Archer St, Hudson, FL 34667, presents a rare investment opportunity in the burgeoning senior living market. Priced at $175,000, this property boasts 2,218 square feet and is zoned 74 (Homes For The Aged), perfectly suited for the development of a senior living community. The property's strategic location in Pasco County offers proximity to a veteran administration office, making it particularly attractive to retired veterans. This presents a unique chance to cater to a specific and growing demographic. The existing building, constructed in 1971, offers a blank canvas for creative architectural design and development, allowing for a modern and tailored senior living facility. The surrounding area provides access to essential amenities, parks, recreational areas, and cultural hotspots, ensuring a vibrant and engaging lifestyle for residents. This is a non-contingent sale with an earnest money deposit requirement of the greater of $20,000 or 10% of the purchase price. A marketing fee of 5% of the winning bid amount (minimum $20,000) and a $10,000 participation deposit are also required. Bidding opens April 15th. This prime location and favorable zoning create a compelling investment opportunity to meet the increasing demand for senior living facilities in this rapidly growing area. The APN is 24-24-16-0020-00000-0240.

Highlights

  • Senior Living Zoning: Zoned for Assisted Living (074).
  • Veteran Proximity: Near a Veteran Affairs office.
  • Prime Location: In a rapidly growing area with convenient amenities.
  • Abundant Recreation: Close to parks and cultural attractions.
  • Large Development Site: 1.5-acre undeveloped parcel.
  • High Demand: Meets strong market demand for senior housing.

Property Details for 15820 Archer St

Property type
Retirement homes
Square Feet
2,218 SF
Year Built
1971
Lot Size (sq. ft)
65,340 SF
Units
1

Location Insight

City
Hudson
County
Pasco
State
Florida
Latitude
28.3874511
Longitude
-82.6544418
15820 Archer St, Hudson, Florida

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15820 Archer St
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