Land for Sale in Tallahassee, Florida

Incredible opportunity for eight units an acre! This property is a development unicorn inside of Leon County. This is likely one of very few untapped parcels currently zoned for a Mobile Home park, allowing eight units per acre! This opportunity could bring quite a return for an investor educated in this type of development. Parcel is level and partially cleared and has no flood zone! Additionally, this parcel has the potential to be rezoned to R5. This would allow for a mixed use of SFD AND Mobile/Modular homes, also at eight units per acre! This redevelopment location of the lot is prime to grocery, ER satellite at Southwood, the Capitol and downtown, and the airport, and a closer drive to the coast! For either MH or R5 zoning this property has a ton of potential for big returns on the initial investment. With utilities AND sewer (sewer available to connect) already at the property (due to an existing mobile home) a new developer is off to a great start. While the existing dwelling is habitable, for purposes of valuation, it carries no significance - the pricing is based off of highest and best future use. Seller will offer a reduction to $365,000 if purchaser is willing to allow seller to retain .25 acres at the front of the property where the mobile home is, to include the continued use of the MH and provide a deeded easement for property access